Latest Tax Updates, News, Articles & Notifications
From April 1, 2026 the V3 SBO Electronic Register feeds directly into the FY 2025-26 MGT-7 Part-A SBO disclosure. A 9-step compliance walk-through with chain analysis, BEN-2 timeline, and Section 90(11) discipline.
On Friday May 8, 2026 the V2 portal is 53 days from cutover. A week-by-week sprint plan, the five gaps practitioners are still hitting, and the June 30 playbook for CAs and Company Secretaries.
GSTAT President issues Rule 123 staggered e-filing schedule for the 14,000-plus backlog appeals due before June 30, 2026. Four cohorts, seven mandatory documents in Form APL-05 pack, 20 percent pre-deposit under Section 112(8), and a 9-step CA compliance checklist.
CBDT’s transition FAQ and Section 536 of the Income-tax Act, 2025: what happens to pre-April 2026 income, pending cases, TDS, refunds and carried-forward losses.
MCA Notification S.O. 658(E) effective February 16, 2026 split four ROC offices into 12. This advisory maps the new district-to-ROC allocation, the V3 master data verification SOP, the wrong-ROC filing risk, and the 4-week verification checklist before the September 2026 AOC-4 wave.
From April 1, 2026, every Indian company must maintain its SBO Register on the MCA V3 portal. This advisory maps the BEN-2 30-day filing window, the 15-day update SOP, the Section 90(11) Rs 10 lakh penalty, and the annual MGT-7 verification tick-box for FY 2025-26.
Section 92CE of the Income-tax Act 2025 requires Indian taxpayers to repatriate excess money from overseas associated enterprises within 90 days of any primary transfer pricing adjustment exceeding Rs 1 crore, failing which deemed interest accrues at SBI 1-year MCLR plus 325 basis points. This advisory covers the Rule 10CB mechanics, Form 3CEB and Form 3CD Clause 30B disclosures, and the 18 percent settlement option for AY 2026-27 compliance.
The MCA21 V2 portal will be permanently decommissioned on June 30, 2026. This 9-week migration advisory gives CAs and CSs a 10-step compliance checklist, day-by-day timeline, V2-to-V3 form mapping, penalty exposure under Sections 92, 137, and 86 of the Companies Act 2013, and FAQs on DSC re-association, RUN reservations, and INC-22A status.
GSTAT is operational and pre-April 1, 2026 appeals must be filed by June 30. Step-by-step guide on Form APL-05, pre-deposit rules, bench jurisdiction, and action checklist for CAs.
The SEBI (Alternative Investment Funds) (Amendment) Regulations, 2026 let an AIF be tagged as an inoperative fund, make the distribution of liquidation proceeds subject to SEBI conditions, and cut the individual minimum in certain social impact funds to Rs 1,000. SEBI’s circular of 16 June 2026 sets the conditions. Here is what changed, who is affected and what to do.
