CAclubindia Articles

Finance Bill 2026 Proposes Section 147A to Clarify Assessing Officer Jurisdiction for Notices u/s 148 & 148A

Posted by CA Varun Gupta

16 February 2026 997 Views

Understand proposed Section 147A in Finance Bill 2026, a retrospective clarification on who qualifies as "Assessing Officer" for Sections 148 & 148A notices, addressing JAO vs NaFAC/AU jurisdiction and ensuring legal alignment.

Income Tax Penalties and Appeals: Understanding the Legal Process

Posted by Sahil Jaiswal 15 February 2026 0 Views

Taxpayers are required to comply with tax laws and regulations, but mistakes, delays, or omissions can lead to penalties.

From Ambiguity To Assurance: Finance Bill 2026 Brings Statutory Clarity To TDS On Manpower Supply - Concluding Part II

Posted by Raj Jaggi

14 February 2026 584 Views

An in-depth analysis of the Finance Bill 2026 amendment recognising manpower supply under recipient control as "work," exploring judicial evolution, GST alignment, compliance roadmap, and strategic business implications for FY 2026-27.

Systematic Withdrawal Plan (SWP): The Art Of Making Retirement Savings Last A Lifetime (Part 2)

Posted by Raj Jaggi

14 February 2026 199 Views

An in-depth look at Systematic Withdrawal Plans (SWP) as a retirement income strategy covering benefits, risks, taxation, suitable mutual fund options, and practical insights to help retirees turn accumulated wealth into sustainable, disciplined cash flow.

How MRF became the most expensive stock in India

Posted by CA Gyati Gupta 14 February 2026 417 Views

Discover why MRF Ltd became India's most expensive stock by share price. From no stock splits and low free float to strong fundamentals and long-term growth, here's what drove MRF past the Rs 1 lakh mark and why high price doesn’t always mean high valuation.

Section 292BA in Finance Bill 2026: End of DIN-Based Assessment Challenges?

Posted by CA Varun Gupta

14 February 2026 935 Views

Union Budget 2026 proposes Section 292BA to retrospectively validate assessment orders with DIN-quoting defects from 1 October 2019. With CBDT advising adjournments in pending cases, explore how this amendment could reshape ongoing DIN-related tax litigation.

Beyond the 14th: Why Real-Time GSTR-2B is the Future of ITC

Posted by Affluence Advisory 14 February 2026 88 Views

With the rise of IMS and stricter GSTR-3B controls in 2026, relying only on monthly GSTR-2B can block ITC and strain cash flow. Learn why real-time GST credit matching is becoming essential to avoid penalties, reduce ITC leakage, and protect working capital.

Draft Rules May Bring The Old Regime Into Focus

Posted by Mitali 13 February 2026 112 Views

India’s draft rules for the new Income-tax Act, 2025 (effective 1 April 2026) propose higher allowance limits, simplified compliance and relaxed thresholds bringing the old tax regime back into focus.

Changes in Income from House Property from April 2026

Posted by Chaitra Seetharam 13 February 2026 825 Views

The Union Budget 2026 proposed targeted amendments to the rules governing Income from House Property, effective April 1, 2026, bringing the Income-tax Act, 2025...

Finance Bill 2026: Resetting The Return Calendar Under The Income Tax Act, 2025

Posted by Raj Jaggi

13 February 2026 442 Views

Finance Bill 2026 proposes key amendments to Section 263 of the Income-tax Act, 2025, rationalising return filing due dates, extending the revised return timeline to 12 months, and clarifying updated return provisions to strengthen voluntary tax compliance from Tax Year 2026-27.