CAclubindia Articles

Income Tax Notice? Know When to Worry & When Not To

Posted by Kowsalya 13 December 2025 260 Views

Received an income tax notice? Discover which notices require immediate attention and which can be resolved with a simple clarification. Learn how to respond.

ITAT Kolkata: Gift from Brother-in-law Exempt Under Section 56

Posted by CA Jaydeep Babubhai Vadher 13 December 2025 356 Views

Discover how the ITAT Kolkata ruled gifts from relatives exempt under Section 56, even without a formal gift deed. Learn about the key arguments and decision.

Delhi HC Orders Bank to Pay Rs 1 Lakh for Misused Credit Card

Posted by Mitali

11 December 2025 811 Views

Learn how a Delhi advocate won Rs 1 lakh from a bank after his credit card was misused for Rs 76,777. Read about the Delhi High Court's ruling.

Section 54EC Bonds: Save Tax on Property Gains

Posted by CA.Sangam Aggarwal 12 December 2025 356 Views

Unlock tax savings on property sales with Section 54EC Bonds. Learn how to reinvest capital gains and reduce your tax liability. Invest wisely!

How Long Must You Keep Your Books Of Accounts Under GST

Posted by Raj Jaggi

11 December 2025 13660 Views

A comprehensive guide to GST record-keeping under Sections 35 & 36 and Rules 56–58, covering documentation, retention timelines, compliance duties, and audit implications.

GSTR 9 Due Date FY 2024-25: Don't Miss 31st Dec!

Posted by Poojitha Raam Vinay 10 December 2025 5492 Views

The GSTR 9 due date for FY 2024-25 is 31st December 2025. Discover who must file, why it's crucial, and the penalties for late submission.

ITC Claim Allowed: Returns Filed Before 16(5) Deadline

Posted by Mitali

10 December 2025 736 Views

Learn how the Kerala High Court allowed an ITC claim, even when returns were filed late under Section 16(4), by applying the overriding Section 16(5).