Latest Tax Updates, News, Articles & Notifications
Section 40(a)(ia) disallows 30% of a resident payment where TDS was not deducted or not paid by the ITR due date. How it works before the 30 September 2026 tax audit, and the move to Section 35(b) of the Income-tax Act 2025.
CCFS-2026, the MCA 90% additional-fee waiver scheme, closes on 15 September 2026 under General Circular 04/2026. What defaulting companies must do next.
POEM decides when a foreign company is tax-resident in India. A 2026 guide to Section 6(3) and the new Section 6(10) of the Income-tax Act 2025, the ABOI test and the Rs 50 crore relief.
FC-GPR must be filed within 30 days of a share issue and FC-TRS within 60 days of a transfer. A 2026 guide for startups reporting FDI to RBI on the FIRMS portal.
How to claim a bad debts deduction under Section 36(1)(vii) before the September 30, 2026 tax audit: the write-off test after TRF Ltd, the Section 36(2) conditions, and the move to Section 31 of the Income-tax Act 2025.
SEBI’s September 7, 2026 circular extends the angel fund accredited-investor deadline from September 8, 2026 to March 31, 2027. What existing angel funds must do now.
SEBI Circular 2025/128 gives existing angel funds until September 8, 2026 to onboard only accredited investors. Here is the compliance checklist and what changed.
The 57th GST Council meets on September 12, 2026. Reported agenda: GST registration simplification, ITC protection, refunds and small business compliance relief.
Section 145 becomes Section 276 and Section 145A becomes Section 277 under the Income-tax Act 2025 from 1 April 2026. How ICDS, method of accounting and inventory valuation carry forward into FY 2026-27, with a Form 3CD action checklist and FAQ.
MCA’s Companies (Indian Accounting Standards) Amendment Rules 2026, notified via G.S.R. 725(E) dated 12 August 2026, change Ind AS 109 and 107 for ESG-linked loans, renewable power contracts and e-payment settlement, effective for reporting periods from 1 April 2026.
