Latest Tax Updates, News, Articles & Notifications
GSTR-3B liability has been hard-locked since the July 2025 tax period. Corrections move to GSTR-1A and credit is shaped by IMS. Here is how to file under the new regime and what is expected around July 2026.
The Income-tax Rules, 2026 add Bengaluru, Hyderabad, Pune and Ahmedabad to the 50% HRA exemption list from FY 2026-27. Here is what changed, who is affected, and the action for employers and employees.
Section 80-IAC gives DPIIT-recognised startups a 100% deduction of profits for any 3 consecutive years out of 10. Eligibility, the 31 March 2030 extension, MAT and 115BAA traps, and the Section 140 transition under the Income-tax Act 2025.
GSTN has deferred the mandatory Ship-To GSTIN field and the voluntary E-Way Bill closure facility from 15 June to 1 August 2026. Here is what changes and how to prepare.
RBI Circular RBI/2026-27/98 (5 June 2026) moves FEMA returns R343 and R006 to the CIMS portal from 30 June 2026 for AD Category-I banks. NIL returns mandatory.
CBDT compulsory scrutiny guidelines FY 2026-27: the six categories (CS-01 to CS-06) that trigger a Section 143(2) notice by 30 June 2026, explained for CAs and founders.
Section 43B becomes Section 37 of the Income-tax Act 2025 and 43B(h) becomes Section 37(2)(g). Period-aware guide to the MSME disallowance for the 30 Sept 2026 tax audit.
DIR-3 KYC is now triennial under MCA G.S.R. 943(E). Who must still file by 30 June 2026, the 30-day event rule, and the Rs 5,000 DIN reactivation penalty.
Form 16 for FY 2025-26 is due June 15, 2026. Miss it and face Rs 100 per day under Section 272A(2)(g). Pre-issue Form 24Q and TRACES checklist for employers.
CCFS-2026 closes July 15, 2026. Clear pending MGT-7, AOC-4 and ADT-1 at 10% of the additional fee. Eligibility, immunity, strike-off and the closeout checklist.
