CAclubindia Articles

Reopening in 2026: Sections 280 and 281 of the Income Tax Act, 2025: A Practitioner's Guide to the New Reassessment Regime

Posted by Abhay

19 May 2026 1086 Views

A practical guide to reassessment under the Income-tax Act, 2025, explaining how old Sections 148 and 148A are now renumbered as Sections 280 and 281. Explore new reassessment procedures, time limits, sanction requirements, transition rules for pending cases, and key litigation risks for CAs and taxpayers.

Pack Your Bags, But Don't Forget the Tax Rules!

Posted by CA Umesh Sharma 19 May 2026 928 Views

Planning a summer vacation? Know the tax rules on LTA, foreign travel TCS, company-sponsored trips and tax regime impact in India.

TDS Implication in case of Payment to Contractors under Income Tax Act, 2025

Posted by Akash Pal 18 May 2026 4189 Views

IT Act 2025 revamps TDS rules under Sec. 393. Know rates, exemptions & job work implications.

TDS on Rent Section For FY 26-27: With Limits And Rates

Posted by Chaitra Seetharam 18 May 2026 31854 Views

TDS on rent for FY 2026–27 (AY 2027–28): Know updated Section 393 rules, TDS rates, exemption limits, 194-I, 194-IB, NRI rent taxation under 195 and filing codes.

From Detention to Confiscation: When Section 129 Ends, and Section 130 Begins under GST

Posted by Raj Jaggi

18 May 2026 218 Views

Learn why the shift from Section 129 to Section 130 under GST changes the legal framework for confiscation, provisional release and taxpayer remedies.

Company Registration in India for NRIs and Foreign Founders: Resident Director, FEMA & FC-GPR Explained

Posted by sanyam goel 18 May 2026 69 Views

Learn how NRIs, OCIs, and foreign nationals can register a Private Limited Company in India. Understand resident director rules, apostille process, SPICe+ filing, FEMA compliance, FC-GPR filing and FLA return obligations.

Strategic Recovery Pathways: How Banks Evaluate SARFAESI vs IBC in Stressed Asset Cases

Posted by Ashok Kakkar 18 May 2026 111 Views

Learn how lenders decide between SARFAESI and IBC for NPA recovery. Explore practical banking, insolvency, compliance and recovery considerations.

Annexure-B for GST Refund of Unutilised ITC: Practical Changes & Issues in Updated Utility

Posted by RAKESH K 16 May 2026 8415 Views

Discover the latest changes in GST Annexure-B utility for unutilised ITC refund filings. Learn about new invoice-level requirements, GSTR-2B reconciliation, validation errors, capital goods confusion and practical challenges taxpayers face in GST refund claims.

Practical Banking Perspective: What Lenders Examine Before Sanctioning Loans

Posted by Ashok Kakkar 16 May 2026 127 Views

Understand how banks and financial institutions evaluate loan applications through credit assessment, financial discipline, documentation, KYC compliance, repayment capacity and risk evaluation.

RBI Eases NBFC Rules: Certain Companies Exempted From Registration From July 1, 2026

Posted by CS Akansha Rathi 15 May 2026 321 Views

The Reserve Bank of India has eased NBFC regulations by exempting certain low-risk entities from registration requirements effective 1 July 2026. Here's who qualifies as an Unregistered Type 1 NBFC and what the new RBI framework means.