CAclubindia Articles
Accepted Quantum Order but Faced Penalty? Legal Remedies Under Section 271(1)(c) & 270A
Vivek Jalan 18 December 2025 at 06:57Acceptance of quantum additions does not automatically justify a penalty under Sections 271(1)(c) or 270A. Learn why AOs must clearly specify concealment, inaccurate particulars, under-reporting or misreporting, and how assessees can effectively contest penalties even after quantum proceedings attain finality.
Bulk Emails from @IncomeTaxIndia on ITR Discrepancies
Mitali 17 December 2025 at 16:32Income Tax is sending bulk mails on ITR-AIS mismatches, even for genuine buys funded from savings, loans or gifts. Know why?
Received Advance Payments in December 2025: Is It Taxable in Receipt or Service Year?
Aarika 17 December 2025 at 13:33Got advance payment for services? Know whether it is taxable in year of receipt or when work is done.
What the India-Russia Deal Means for the Indian Economy and Trade Tariffs?
Chaitra Seetharam 17 December 2025 at 11:20India's deepening trade engagement with Russia and the EAEU via FTA talks, Programme 2030 and new logistics corridors boosts energy security and export diversification but also heightens exposure to U.S. tariffs and geopolitical trade risks.
Understanding Due Diligence: A Simple Guide to Smart Business Decisions
Affluence Advisory 17 December 2025 at 07:09Understand what due diligence really means, why it matters before deals, and how financial, legal, tax, and operational checks help uncover hidden risks and make smarter business decisions.
Applicability of Section 269SS of the Income Tax Act, 1961 to Director's Current Account Transactions
Marimganti Tarun B.com,FCMA 17 December 2025 at 07:09An expert analysis of Section 269SS explaining why cash infusions by directors into closely held companies, driven by business exigency or survival needs, are not “loans or deposits” and do not attract penalty under Section 271D, supported by key judicial precedents.
Benefits of Outsourcing Monthly Payroll Processing Services
Kapil kumar 17 December 2025 at 07:09Outsourcing payroll helps businesses reduce errors, ensure compliance, protect employee data, cut costs, and improve efficiency, allowing HR teams to focus on growth while experts manage accurate, secure payroll processing.
Extended Final Date To File GSTR 9 For FY 2024-25
Ayush 16 December 2025 at 15:51Latest update on GSTR-9 filing deadline. Find out if the government has announced any extensions.
GST Audit Checklist
CA Amit Harkhani 16 December 2025 at 09:39Comprehensive GST self-audit checklist covering registration, outward and inward supplies, ITC eligibility, exports, RCM, job work, Rule 42/43 reversals, Rule 86B and payment compliance to reduce GST risks.
Self-Audit Under GST - When You Listen To Yourself
Raj Jaggi
16 December 2025 at 06:52
Explore the concept of self-audit under Section 44 of the CGST Act, how annual returns and reconciliation turn GST compliance into a journey of self-reflection, integrity, and voluntary discipline.
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