CAclubindia Articles

TDS & TCS Explained: India's Advance Tax Collection

Posted by OneShotCA 19 February 2026 341 Views

Understand TDS and TCS in India. Learn how these advance tax collection mechanisms work, why they exist, and how they affect your income and purchases.

Accounting's Vital Role in the Power Sector

Posted by Sanket 09 February 2026 360 Views

Discover how accounting ensures financial integrity, regulatory compliance, and efficient operations in the power sector. Learn about its crucial, often unseen, contribution.

Chartered Accountants: Your Company's Governance Heroes

Posted by OneShotCA 20 February 2026 152 Views

Discover how Chartered Accountants are vital for corporate governance, ensuring transparency, accountability, and risk management for business success.

Educational Seminar Costs: Charitable Institutions' Main Object

Posted by Vivek Jalan 10 February 2026 201 Views

Discover if expenditure on educational seminars by charitable institutions is allowable. Learn about the 'Charitable Institutions' main object' and tax implications.

Background Screening Payments: Not FTS or Royalty

Posted by Vivek Jalan 09 February 2026 147 Views

Discover why payments for background screening and investigation services are neither Fees for Technical Services (FTS) nor royalty, based on a key legal ruling.

Discounts & Incentives Not Unexplained Cash Credits

Posted by Vivek Jalan 09 February 2026 130 Views

Learn how ITAT Chennai ruled that discounts and incentives, when properly explained and offered to tax, are not unexplained cash credits under Section 68.

Revised Income Tax Return Deadline Extended to March 31

Posted by Chaitra Seetharam 07 February 2026 5975 Views

Discover the new March 31 deadline for filing revised Income Tax Returns. Learn about the nominal fees and other key changes effective from April 1, 2026.

Foreign Asset Disclosure Scheme 2026: New Window Opens

Posted by Raj Jaggi

07 February 2026 440 Views

Explore the extended window for Foreign Assets Disclosure Scheme (FAST-DS) 2026 under the Finance Bill. Understand settlement, immunity, and compliance requirements.

Business GST Registration: Your Practical Field Guide

Posted by LegalDev 07 February 2026 236 Views

Navigate business GST registration with this practical guide. Avoid common pitfalls, understand required documents, and choose the right scheme for your business.

SWP: Make Retirement Savings Last A Lifetime

Posted by Raj Jaggi

06 February 2026 213 Views

Discover how a Systematic Withdrawal Plan (SWP) can transform your retirement savings into a sustainable income stream, ensuring financial peace of mind.