CAclubindia Articles

Acquisition-Related Costs: Capitalise or Expense?

Posted by CA Rahul Agarwal 02 April 2026 227 Views

Understand the accounting treatment of acquisition-related costs under Ind AS and IFRS, comparing standalone and consolidated financial statements. Learn when costs are capitalised or expensed, key standards involved and practical insights with real-world examples.

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

Posted by Raj Jaggi

01 April 2026 660 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 ...

Iran's Hormuz Gambit: How a 21-Mile Strait Made the World an Economic Hostage

Posted by CA AMANDEEP SINGH 01 April 2026 243 Views

A deep dive into the 2026 Strait of Hormuz crisis, how Iran’s strategic closure disrupted global oil, LNG, and food supply chains, and what it means for India’s economy, inflation and everyday household expenses.

Important Things to Remember This March Ending 2026!

Posted by CA Umesh Sharma 01 April 2026 1984 Views

A practical guide for taxpayers before March 31, 2026, covering ITR-U filing, tax-saving investments, TDS/TCS compliance, GST reconciliation and year-end financial checks to ensure a smooth transition into AY 2026-27.

Bank Account Transaction Limit 2026 with New Tax Rules

Posted by Chaitra Seetharam 31 March 2026 1041419 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.

No TDS, No Tax on Fixed Deposit: Strategy to Make FD Income Completely Tax-Free

Posted by Hridyanshi 31 March 2026 58733 Views

From April 1, 2026, banks will deduct 10% TDS on FD interest under new Section 393 if it exceeds Rs 50,000 (non-senior) or Rs 1 lakh (senior). Learn thresholds, examples and how to avoid TDS legally.

The GST Paradox Of Power Storage

Posted by CS Lalit Rajput 31 March 2026 446 Views

Tamil Nadu AAR rules that Battery Energy Storage Systems (BESS) qualify as support services under HSN 998631, attracting 18% GST. Exemption as "supply of electrical energy" denied; GST registration mandatory for operators.

Arbitration Award Under GST: Different Components, Different Tax Consequences

Posted by Raj Jaggi

30 March 2026 838 Views

GST on arbitration awards isn't straightforward. Taxability hinges on whether payments are consideration or compensation. AAR clarifies key distinctions and GST implications.

Tax Guidance On Share Buybacks

Posted by CS Lalit Rajput 30 March 2026 222 Views

India revises share buyback taxation from April 1, 2026, shifting to capital gains and imposing a 12% surcharge only on promoters, ensuring fair tax treatment for minority shareholders.

Data collection vs. Data sharing - A subtle but critical distinction

Posted by CA Amrita Chattopadhyay 28 March 2026 108 Views

Understand the difference between data collection and public data sharing under the Digital Personal Data Protection Act, 2023. Learn why consent, accountability, and ethical use remain critical, even when data is publicly available and the hidden risks businesses often overlook.