CAclubindia Articles

Cross-State ITC Transfer Allowed Post-Amalgamation: A Landmark GST Verdict

Posted by Srishti 21 July 2025 446 Views

In a landmark ruling, the Bombay High Court allowed cross-state transfer of Input Tax Credit (ITC) post-amalgamation, stating there’s no legal bar under GST law. The court directed GSTN and the GST Council to fix technical glitches and enable seamless credit flow across states.

Case of Procedure over Substance: ITAT Pune Quashes 153C Assessments in Yuvraj Dhamale Group Fallout

Posted by CA Saurabh Jadhav

21 July 2025 545 Views

The recent judgment by the Income Tax Appellate Tribunal (ITAT), Pune Bench, in a batch of appeals related to the Yuvraj Dhamale Group real estate search has rekindled a foundational debate in Indian tax law

Madras High Court Sets Aside GST Assessment Order Over Improper Service of SCN

Posted by CA Harshit Goyal 21 July 2025 402 Views

The Madras High Court has ruled that merely uploading a show cause notice (SCN) on the GST portal without serving it through other prescribed modes is insufficient. The court set aside the assessment order due to lack of proper service.

The Curious Case of the Disappearing Salary and How to Save It

Posted by Himanshu Ranka 21 July 2025 711 Views

Salaried & stressed about taxes? This hilarious yet informative chat with a CA breaks down smart tax-saving hacks under the old regime for FY 2024-25.

GSTR-5: Monthly Return Filing Rules and Consequences

Posted by Mitali 20 July 2025 0 Views

GSTR-5 is a statement to be filed by non-resident taxable person for the period during which they carry out business transaction in India.

Income Tax Scrutiny Assessment: Who Will Face in FY 2025-26?

Posted by Chaitra Seetharam 19 July 2025 4 Views

For FY 25-26, CBDT released IT Scrutiny Guidelines- focusing on high-value transactions, TDS mismatches & information from 3rd party sources.

CA Journey Through Krishna's Wisdom: Why the Struggle Is Worth It

Posted by Himanshu Ranka 19 July 2025 638 Views

A stressed CA aspirant finds clarity in a divine conversation with Lord Krishna. This powerful tale draws parallels between the CA journey and the Mahabharat, offering timeless motivation, clarity on AI fears, and deep career insights rooted in purpose and resilience.

SEBI's Digital Leap in Shareholder Communication

Posted by Affluence Advisory 19 July 2025 158 Views

In a significant stride towards modernizing corporate governance and enhancing ease of doing business, the Securities and Exchange Board of India (SEBI) has ushered in a new era of shareholder communication under its Listing Obligations and Disclosure Requirements (LODR) Regulations.

TDS Payment and Return Filing Due Date For FY 2025-26

Posted by Chaitra Seetharam 18 July 2025 3 Views

Discover the payment and returns filing due dates for FY 2025-26 and avoid penalties with CAclubindia’s guide. Learn more now!

Is GST Mandatory for Private Limited & LLP Companies? The Truth No One Tells You!

Posted by CA Ruby Bansal 18 July 2025 2101 Views

While some banks may insist on a GST number for opening a current account, GST registration is not mandatory at the start for LLPs, Private Limited or Limited companies unless turnover exceeds prescribed thresholds.