CAclubindia Articles

Foreign Travel or High Electricity Bills: You Might Be Legally Needed to File ITR

Posted by Mitali 02 August 2025 1053 Views

Discover when filing ITR is mandatory, even with low income based on key rules for proprietors on sales, deposits and TDS/TCS limits.

Vicarious Liability of Directors under the Negotiable Instruments Act 1881

Posted by FCS Deepak Pratap Singh 02 August 2025 174 Views

The Supreme Court held that mere designation as a Director is not enough to attract vicarious liability under Section 138 of the NI Act. Liability requires proof of involvement in day-to-day affairs of the company. Learn more about this landmark ruling in Susela Padmavathy Amma vs Bharti Airtel Ltd.

ITR-3 Form For AY 2025-26: Changes From Capital Gains to TDS

Posted by Mitali 01 August 2025 0 Views

ITR-3 - Discover whats new for AY 2025-26 from split capital gains reporting to share buyback losses and mandatory TDS codes for FY 2024-25.

Applicability of GST on Hostel/Lodging Services

Posted by FCS Deepak Pratap Singh 01 August 2025 4163 Views

Learn about GST implications on hostel and rental services for students, key exemption notifications, rate changes, court rulings and the 53rd GST Council’s latest decisions.

CBDT Circular 10/2025: Relief for Invalid ITRs Filed for AY 2023-24

Posted by CA Varun Gupta

01 August 2025 5919 Views

CBDT Circular 10/2025 allows reprocessing of invalid ITRs filed till Mar 31, 2024, enabling refunds with interest, subject to PAN-Aadhaar linkage compliance.

GST on Flex Fuel Vehicles: Call for Lower GST to Propel Bio-energy Growth

Posted by Chaitra Seetharam 01 August 2025 2 Views

GST on flex fuel vehicles currently falls under the rate 28%, lowering rate would reduce overall cost by making more accessible to consumers.

New Tax Regime FY 2024-25 Benefits for Senior Citizens

Posted by Mitali 31 July 2025 29243 Views

Know the ITR filing benefits for senior citizens under the new tax regime for FY 2024–25, including tax-free incomes, deductions and filing tips.

Secondment of expat employees and recent High Court decision under GST

Posted by CA Roopa Nayak 31 July 2025 1155 Views

The Karnataka HC ruled secondment of expat employees is not taxable under GST. Read how Circular 210/2024 clarifies RCM liability and ITC implications.

Is It Necessary to Show Sale Of Agricultural Land in ITR? Full Clarification

Posted by Mitali 31 July 2025 15266 Views

Learn about the tax implications of selling agricultural land in India, including rural vs. urban classification, reporting requirements and TDS rules.