CAclubindia Articles

What is a Notice under Section 142(1) of the Income-Tax Act?

Posted by Chaitra Seetharam 20 January 2026 4 Views

Unravel the essentials of an Income Tax Notice under Section 142(1) and learn how to respond effectively to avoid penalties.

GST and Income Tax Resolutions for Taxpayers in 2026

Posted by CA Umesh Sharma 20 January 2026 1803 Views

As 2026 begins, taxpayers must strengthen GST and Income Tax compliance. Through a dialogue between Arjuna and Krishna, this article outlines practical New Year resolutions to avoid errors, penalties and ensure smooth tax compliance.

Tiger Global Ruling: A Reminder That Substance Matters in Tax Treaties

Posted by CA Aishwariya K Rajagopal 20 January 2026 514 Views

Why the Tiger Global case matters: The Supreme Court clarifies that a Tax Residency Certificate alone does not guarantee treaty benefits, allowing tax authorities to examine substance, control and intent behind foreign investment structures.

Old vs New Tax Regime for AY 2025-26: Which One Should You Choose?

Posted by CA. Urmila Mahalwal

20 January 2026 4236 Views

Compare Old vs New Tax Regime for AY 2025-26 with updated tax slabs, deductions, rebates and a practical example. Learn which regime offers lower tax liability and how to choose the most beneficial option.

No ITR Filed Before But in FY 25-26 I Made Rs 4.5L Stock Gains with Rs 2.4L Salary: How Much Tax Do I Need to Pay?

Posted by Chaitra Seetharam 19 January 2026 602 Views

First-time ITR filers in FY 2025–26 earning ₹2.4L salary and ₹4.5L equity LTCG may pay ~₹35,000–₹42,000 tax under the new regime, after Section 87A rebate and cess.

PF Withdrawal Limit: Subscribers Can Withdraw Up to Rs 1 Lakh

Posted by Mitali 19 January 2026 2 Views

PF withdrawal limit depends on the reason and the period of service. EPFO Subscribers Can Now Withdraw Up to ?1 Lakh for personal needs.

Core And Non-Core GST Registration Amendments - Law, Practice, Illustrations & FAQs

Posted by Raj Jaggi

19 January 2026 1294 Views

GST registration is a living declaration. Learn why every business change - governance, address, signatory or activity must be promptly updated on the GST portal to avoid compliance risks.

Section 143(2) Scrutiny Notices 2025: Time-Bar Deadline, Foreign Remittance Triggers and Step-by-Step Resolution Guide

Posted by CA Varun Gupta

19 January 2026 1109 Views

Section 143(2) notices surged in June 2025 due to time-bar limits. Learn scrutiny reasons, foreign remittance triggers, and how to respond before 31.03.2026.