CAclubindia Articles

Applicability Of GST On Supplies Made To Special Economic Zones

Posted by Raj Jaggi

02 January 2026 655 Views

Explains GST treatment of supplies to SEZs, zero-rated supply under IGST Act, authorised operations, refunds, and post-01.10.2023 legal changes.

Income Tax Act 2025: Shift from Assessment Year to Tax Year & What It Means for Taxpayers

Posted by Pranab Banerjee

02 January 2026 7912 Views

The Income Tax Act 2025 replaces the confusing Assessment Year system with a simpler Tax Year concept, aligning income and tax filing in the same year to make compliance clearer, faster and taxpayer-friendly.

Why Your Tax Refund Is Delayed: Simple Guide to Fix It

Posted by Sachin 02 January 2026 179 Views

The Income Tax Department has started sending emails and SMS alerts to taxpayers flagging mismatches in ITR deduction and exemption claims, putting assessments and refunds on hold ahead of the December 31 deadline.

Less Criticism And More Self-Improvement: New Year's Resolution Of A Smart Chartered Accountant

Posted by Raj Jaggi

01 January 2026 176 Views

A reflective New Year guide for Chartered Accountants on self-improvement, discipline, courage, health, continuous learning, and reducing criticism, highlighting how inner refinement leads to lasting professional and personal growth.

Internal Control Failures: Real Examples and Lessons for Auditors

Posted by CA Tushar Makkar 01 January 2026 925 Views

Explore real-world internal control failures like the Satyam scandal and global fraud cases. Learn practical audit lessons every CA and audit student must know....

PM Modi's Pre-Budget Meet: Mission-Mode Reforms Across Sectors

Posted by Mitali 31 December 2025 495 Views

PM Modi's pre-Budget meet: Discover economists Budget 2026 ideas from Modi's summit: Mission-mode reforms for Viksit Bharat 2047.

Ocean Freight Under GST In CIF Contracts: The Journey From Controversy To Clarity

Posted by Raj Jaggi

31 December 2025 1123 Views

IGST on ocean freight under CIF imports stands conclusively settled after the Supreme Court’s Mohit Minerals ruling and Notification 13/2023, effective 1 Oct 2023. This article explains the litigation history, double taxation issue, refund implications, and why the relief applies only to ocean freight, not air freight.

The Era of 'Casual' tax filing is officially over. Are you prepared for the Dec 31st deadline?

Posted by CA Prashant Hegde 31 December 2025 683 Views

The "wait and see" tax approach is over. With rising IT notices, Dec 31 deadline and stricter scrutiny, income tax compliance is now unavoidable.

A Complete Guide to Form 16: Everything You Need to Know

Posted by Pranab Banerjee

31 December 2025 232 Views

Understand Form 16 with this complete guide for salaried employees. Learn its meaning, parts, deductions, exemptions, and how to use it for ITR filing.