CAclubindia Articles

Income Tax Return for Housewives: Is Filing ITR Necessary?

Posted by CA Umesh Kumar Jethani 30 June 2026 2166 Views

Can a housewife file an ITR in India? Learn when filing an Income Tax Return is mandatory for homemakers, taxable income sources, clubbing provisions, deductions under Sections 80D, 80G and 80TTA, and the financial benefits of voluntary ITR filing for FY 2025-26 (AY 2026-27).

India ESOP Tax Deferral Extended to 60 Months for Startups

Posted by sanyam goel 30 June 2026 153 Views

Understand India's ESOP tax deferral extension to 60 months from April 2026. Learn who qualifies and how it impacts foreign-owned subsidiaries.

Input Tax Credit Under GST: The One Provision Where a Buyer Pays for a Supplier's Default

Posted by CA. Keshav Kumar 30 June 2026 8383 Views

Eight years into GST, ITC remains the most litigated area of compliance. Learn the key risks under Sections 16 and 17, supplier-default issues, blocked credits, recent relief under Sections 16(5) and 16(6), IMS, Rule 88C/88D notices, and practical strategies businesses can adopt to protect GST credits and avoid costly disputes.

Salaried Tax Return: Key Changes Before 31st July

Posted by CA Umesh Sharma 30 June 2026 175 Views

Salaried individuals: Understand crucial ITR-1 & ITR-2 changes for AY 2026-27. Choose the right form, claim deductions accurately, and file by 31st July.

Forgot FD Interest in ITR? File Updated Return (ITR-U)

Posted by Vidyut 29 June 2026 171 Views

Missed declaring FD interest in your AY 2025-26 ITR? Learn how to rectify this omission by filing an Updated Return (ITR-U) and avoid penalties.

Form 144 of Income Tax Act 2025: TDS on Non-Resident Payments

Posted by Chaitra Seetharam 29 June 2026 3145 Views

Learn everything about Form 144 under the Income-tax Act, 2025, including applicability, due dates, filing process, DTAA reporting, penalties, correction statements and how it replaces Form 27Q for TDS on non-resident payments.

Income Tax Slab Rate For FY 2025-26 (AY 2026-27): Find Your Tax Bracket

Posted by Poojitha Raam Vinay

29 June 2026 3826 Views

Check the latest Income Tax Slab Rates for FY 2025-26 (AY 2026-27) under the New and Old Tax Regimes. Compare tax slabs, Section 87A rebate, surcharge, cess, deductions, senior citizen benefits and choose the best tax regime for maximum tax savings.

A Notice to a Dead Company cannot create a living GST Demand

Posted by Raj Jaggi 29 June 2026 411 Views

Can GST demand notices be issued to a dissolved company after amalgamation? Learn how the Bombay High Court ruled that notices to non-existent entities are void.

Viksit Gujarat Industrial Policy 2026 Explained: Incentives, MSME Benefits & Key Highlights

Posted by CA Jaydeep Babubhai Vadher 29 June 2026 432 Views

Explore the Viksit Gujarat Industrial Policy 2026 with key incentives for MSMEs, startups and mega projects, thrust sectors, green energy initiatives, investment benefits, and major reforms driving Gujarat's vision for a $3.5 trillion economy by 2047.

ITR Filing for Proprietors, Partners & Directors AY 2026-27: What's New Under the Income Tax Act 2025?

Posted by CA Sundram Gupta, FCA 29 June 2026 2181 Views

Filing ITR for AY 2026-27? Understand the key differences between the Income Tax Act, 1961 and the Income Tax Act, 2025. Learn how business owners must manage dual compliance, new section numbers, TDS changes, presumptive taxation, tax audit provisions, ESOP taxation, and loss carry-forward rules during the transition period.