CAclubindia Articles

Major Relief in Tax on Unexplained Income: From Heavy Tax to a Balanced Approach

Posted by Chaitra Seetharam 03 April 2026 2587 Views

Finance Bill 2026 revamps taxation of unexplained income, cutting rates from 78% to ~39% while imposing stricter penalties up to 200%, promoting voluntary compliance and updated return benefits.

Section 87A Rebate & Agri Income: Resolve Tax Conflict

Posted by Marimganti Tarun B.com,FCMA 03 April 2026 1210 Views

Understand the conflict between Section 87A rebate and agricultural income. Learn how to prepare for AY 2026-27 tax filing before ITR utilities are released.

Annual Compliance Calendar - April 2026

Posted by CS Divesh Goyal 03 April 2026 603 Views

April 2026 Compliance Calendar covering GST, Income Tax, TDS, PF, ESI & Companies Act due dates. Stay compliant with all key filing deadlines in one place.

New Tax Rules 2026: 19 Key Changes from April 1st

Posted by CS Lalit Rajput 03 April 2026 2203 Views

Discover 19 key tax rule changes effective April 1, 2026, under the new Income-tax Act, 2025. Essential updates for salaried employees & investors.

Senior Citizen Aged 60 to 80 or Above Must Know These New Tax Rules: Started From April 2026

Posted by Mitali

02 April 2026 91279 Views

Turning 60? Discover updated tax benefits for senior and super senior citizens in FY 2026-27, including higher exemption limits, zero tax rebates, ITR filing relief, no advance tax and key compliance updates.

GST Uploads Not Communication: Allahabad HC Ruling

Posted by Raj Jaggi

02 April 2026 246 Views

Learn why merely uploading documents on the GST portal isn't communication. Understand the Allahabad HC ruling and its impact on taxpayer rights and appeals.

India FDI Policy Shift: New Rules for Land Bordering Countries

Posted by Affluence Advisory 04 April 2026 274 Views

India revises FDI policy for Land Bordering Countries (LBCs) with Press Note 2 (2026). Learn about new thresholds, control tests, and faster approvals.

Limitation Period Cannot Defeat Refund Of Statutory Pre-Deposit Under GST

Posted by Raj Jaggi

01 April 2026 1003 Views

A Routine GST Dispute with Far-Reaching ConsequencesUnder the GST regime, the right to appeal is not entirely unconditional. A taxpayer who wishes to challenge ...

Acquisition Costs: Capitalise or Expense? Ind AS vs IFRS

Posted by CA Rahul Agarwal 02 April 2026 656 Views

Learn how to treat acquisition-related costs under Ind AS and IFRS. Discover when to capitalise or expense based on standalone vs. consolidated statements.

Bank Account Transaction Limit 2026 with New Tax Rules

Posted by Chaitra Seetharam 25 May 2026 1066994 Views

Updated cash transaction rules for FY 2026-27 under the Income Tax Act, 2025. Check new PAN limits, SFT reporting thresholds, TDS on withdrawals and UPI caps.