CAclubindia Articles

When Simplicity Learned To Sing - Lata Mangeshkar Ji & Anand Bakshi Ji - Part IV

Posted by Raj Jaggi

16 January 2026 97 Views

Explore the timeless magic of Lata Mangeshkar Ji and Anand Bakshi Ji's collaboration, where simple, heartfelt lyrics transform everyday emotions into eternal songs. Discover how her soulful voice and his relatable poetry created melodies that continue to resonate across generations.

The GMA Pinnacle Case: Why Mechanical ITC Denials Are No Longer Legally Defensible

Posted by Hrishikesh H 16 January 2026 194 Views

Recent Kerala and Madras High Court rulings emphasize that GST assessing officers cannot mechanically reject ITC claims due to GSTR-2A and GSTR-3B mismatches. Taxpayers must be given a fair opportunity to present supporting documents, reinforcing principles of natural justice and practical compliance guidance for GST practitioners.

NEFT Limit Per Day in 2025: Complete Guide to Transaction Caps

Posted by Chaitra Seetharam 16 January 2026 11 Views

NEFT Limit Per Day in 2025: Complete Guide to Transaction Caps

From Scrutiny To Closure - The Form ASMT-12 Story Under GST

Posted by Raj Jaggi

16 January 2026 326 Views

Why scrutiny exists in GST: Understanding Section 61, ASMT-10 to ASMT-12, its compliance-focused intent, quiet closure, and escalation under law.

Specified Premises under GST for Hotels: Annexure VII, VIII & IX, Timelines and Rates

Posted by CA Varun Gupta

16 January 2026 3106 Views

GSTN Advisory dated 04.01.2026 enables online opt-in/opt-out declaration of hotel "Specified Premises" on GST Portal under Notification 05/2025-CTR. Explains Annexure VII, VIII & IX, timelines, portal process, and impact on GST rates - 18% with ITC vs 5% without ITC for restaurant services.

How to Conduct Risk Assessment for Audits Like a Pro

Posted by CA Tushar Makkar 16 January 2026 148 Views

Audit risk assessment explained with Indian examples under SA 315 (ICAI). Learn inherent, control and detection risks, practical audit steps, common mistakes and how CA articleship students can identify fraud and errors effectively.

Engagement of Limited Liability Partnerships in NBFC Activities: Current Legal Landscape in India

Posted by Affluence Advisory 16 January 2026 141 Views

Can LLPs operate as NBFCs in India? This article examines the regulatory mismatch between the LLP Act and RBI framework, explains why LLPs are excluded from NBFC registration, RBI’s position, and the way forward for entrepreneurs entering the financial services sector.

CRS and FATCA: Enhancing Tax Transparency on Foreign Assets & Income

Posted by Mitali 15 January 2026 0 Views

CRS and FATCA are global frameworks which aim to enhance international tax compliance through data exchange.

ATM Withdrawal Limit in India For The Year 2026

Posted by Poojitha Raam Vinay

15 January 2026 2637 Views

Latest daily ATM withdrawal limits for major Indian banks for the year 2026. Check today confirm your limit and withdraw hassle-free.

Section 186(11) of Companies Act, 2013

Posted by Affluence Advisory 15 January 2026 192 Views

MCA's Companies (Meetings of Board and its Powers) Amendment Rules, 2025 clarify Section 186(11) of the Companies Act, 2013, granting NBFCs and IFSCA finance companies exemption from Board and shareholder approvals for loans, guarantees, securities and investments made in the ordinary course of business.