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SEBI Monitoring Agency Consultation Paper 2026: Mandatory Monitoring Agency for Every Issue, Direct Reporting to Exchanges and Promoter Demat Freeze Proposed

RBI FERR FAQs October 2026: Which Forex Hedges Attract the 20% Foreign Exchange Risk Reserve and Which Do Not

SEBI SME IPO Consultation Paper 2026: Rs 1,000 Crore Market Cap Test, Rs 3 Crore Profit and One-Share Trading Lot Proposed

India-Mauritius DTAA Principal Purpose Test 2026: What CBDT Notification 135/2026 and the New Article 27B Mean for Mauritius Investors

RBI Forex Hedging Rules October 2026: USD 5 Million No-Underlying Limit, Rebooking Ban and 20% Foreign Exchange Risk Reserve

57th GST Council Recommendations (8 October 2026): Withdrawal of Arrest Powers, Rs 5 Crore Prosecution Threshold, Faster Refunds and Wider ITC

Penalty Waiver Under Section 440 of the Income-tax Act 2025: CBDT Notification 134/2026 Brings the New Form 161 for Misreporting Cases

RoDTEP Scheme Extended Till 31 December 2026: What DGFT Notification 41/2026-27 Means for Exporters

SEBI Accredited Investor Framework 2026: What the September 24 Board Decision Changes for Angel Funds, AIFs and Non-Resident Investors

FDI in Inventory-Based E-commerce for Exports: What Entry 15.2.5 of the NDI Rules (S.O. 4870(E), 2 September 2026) Now Allows

Tuesday, October 20, 2026

Tag: GST

GSTN Enables OTP based EVC Verification for GST Return filled by Companies & LLP
Uncategorized

GSTN Enables OTP based EVC Verification for GST Return filled by Companies & LLP

admin April 23, 2020

Earlier Companies and LLP were not eligible to file GST Return with OTP based EVC (Electronic Verification Code). They were required to file the GST Return with DSC (Digital Signature … Read More

GSTGST ReturnGSTNOTP
CBIC enables Form PMT-09 for Shifting Wrongly Paid Tax in the Electronic Cash Ledger
Uncategorized

CBIC enables Form PMT-09 for Shifting Wrongly Paid Tax in the Electronic Cash Ledger

CA Adityavikram Banka April 21, 2020

The Central Board of Indirect Taxes and Customs (CBIC) has enabled Form PMT-09 for shifting wrongly paid Tax in the electronic cash ledger. Form PMT-09 enables a registered taxpayer to … Read More

CBICElectronic Cash LedgerGSTGSTN
CBIC allows GST Refunds for event cancellations
Uncategorized

CBIC allows GST Refunds for event cancellations

admin April 14, 2020

In a big relief to the tourism, hospitality and entertainment sectors, the Central Board of Indirect Taxes and Customs (CBIC) has allowed for claiming of refunds of goods and services … Read More

CBICGSTGST Refund
GST Compliance  Requirement at the beginning of Financial Year 2020-21
Uncategorized

GST Compliance Requirement at the beginning of Financial Year 2020-21

CA Adityavikram Banka April 14, 2020

Under GST in the beginning of the every year there are certain compliance that every registered person has to take. We have summarized GST Compliance Requirement as under:

Composition SchemeFY 2020-21GSTLUTYear End
Reverse Charge Mechanism (RCM) under GST applicable from April 2020
Uncategorized

Reverse Charge Mechanism (RCM) under GST applicable from April 2020

admin April 11, 2020

We have compiled Reverse Charge Mechanism (RCM) under GST applicable from April 2020.

GSTRCMReverse Charge Mechanism
Relaxation on Input Tax Credit Limit from February 2020 to August 2020
Uncategorized

Relaxation on Input Tax Credit Limit from February 2020 to August 2020

CA Adityavikram Banka April 11, 2020

The Government has issued several notifications in order to implement the compliance relaxation announced by Hon’ble Finance Minister amid Pandemic COVID 19. We have compiled various Clarification on Relaxation on … Read More

GSTGSTR2AGSTR3BInput Tax CreditITC
Relaxation of GSTR Return for Composition Dealer for quarter ending 31st March 2020
Uncategorized

Relaxation of GSTR Return for Composition Dealer for quarter ending 31st March 2020

CA Adityavikram Banka April 11, 2020

The Government has issued several notifications in order to implement the compliance relaxation announced by Hon’ble Finance Minister amid Pandemic COVID 19. We have compiled various Clarification on Compliance Relaxation … Read More

Composition DealerDue DateExtensionGST
Relaxation of GSTR-1 & GSTR-3B Return for Feb, March and April 2020
Uncategorized

Relaxation of GSTR-1 & GSTR-3B Return for Feb, March and April 2020

CA Adityavikram Banka April 11, 2020

The Government has issued several notifications in order to implement the compliance relaxation announced by Hon’ble Finance Minister amid Pandemic COVID 19. We have compiled various Clarification on Compliance Relaxation … Read More

Due DateExtensionGSTGSTR1GSTR3B
Extension of GSTR3B Due Date for May 2020 Return
Uncategorized

Extension of GSTR3B Due Date for May 2020 Return

CA Adityavikram Banka April 11, 2020

The Government has issued several notifications in order to implement the compliance relaxation announced by Hon’ble Finance Minister amid Pandemic COVID 19. We have compiled various Clarification on Extension for … Read More

Due DateGSTGSTR3B
Govt to release all pending Income Tax & GST Refunds
Uncategorized

Govt to release all pending Income Tax & GST Refunds

admin April 8, 2020

IT Department to release all pending income tax refunds up to Rs 5 lakhs immediately ; Around 14 lakh taxpayers to benefit.

GSTGST RefundIncome TaxIncome Tax Refund

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Recent Posts

  • SEBI Monitoring Agency Consultation Paper 2026: Mandatory Monitoring Agency for Every Issue, Direct Reporting to Exchanges and Promoter Demat Freeze Proposed
  • RBI FERR FAQs October 2026: Which Forex Hedges Attract the 20% Foreign Exchange Risk Reserve and Which Do Not
  • SEBI SME IPO Consultation Paper 2026: Rs 1,000 Crore Market Cap Test, Rs 3 Crore Profit and One-Share Trading Lot Proposed
  • India-Mauritius DTAA Principal Purpose Test 2026: What CBDT Notification 135/2026 and the New Article 27B Mean for Mauritius Investors
  • RBI Forex Hedging Rules October 2026: USD 5 Million No-Underlying Limit, Rebooking Ban and 20% Foreign Exchange Risk Reserve

INCOME TAX

  • India-Mauritius DTAA Principal Purpose Test 2026: What CBDT Notification 135/2026 and the New Article 27B Mean for Mauritius Investors
  • Penalty Waiver Under Section 440 of the Income-tax Act 2025: CBDT Notification 134/2026 Brings the New Form 161 for Misreporting Cases
  • Tax Audit Due Date Extended to 21 October 2026: CBDT Circular 07/2026 Moves the ITR Date to 21 November for Audited Assessees
  • Late Tax Audit Report Penalty for FY 2025-26: Section 271B, the Section 273B Reasonable-Cause Defence and the New Section 428 Fee Under the Income-tax Act 2025
  • TDS on Property Purchase From NRI Without TAN From October 1, 2026: Form 141 Schedule E Under CBDT Notification 121/2026

Corporate Law

  • SEBI Monitoring Agency Consultation Paper 2026: Mandatory Monitoring Agency for Every Issue, Direct Reporting to Exchanges and Promoter Demat Freeze Proposed
  • SEBI SME IPO Consultation Paper 2026: Rs 1,000 Crore Market Cap Test, Rs 3 Crore Profit and One-Share Trading Lot Proposed
  • RoDTEP Scheme Extended Till 31 December 2026: What DGFT Notification 41/2026-27 Means for Exporters
  • Section 43B(h) and the September 30, 2026 Tax Audit: The MSME Payment Disallowance Founders Get Wrong (and Its Move to Section 37 of the Income-tax Act 2025)
  • CCFS-2026 Closes September 15, 2026: What Defaulting Companies Must Do Next as the MCA Amnesty Window Ends (General Circular 04/2026)

CASE LAW

  • Sec 54 – Date of possession of new property is to be considered in the case of constructed property: ITAT Mumbai
  • Transit rent paid by the developer is not a revenue receipt and so not taxable: Bombay HC
  • Legal precedents on Ad- Hoc Disallowances
  • Additions cannot be made based on profit assumptions: Punjab & Haryana HC
  • Excessive or unreasonable salary, is a sine qua non in invoking the provision of Sec 40A(2)(b): ITAT Ahmedabad

GOODS & SERVICE TAX (GST)

  • 57th GST Council Recommendations (8 October 2026): Withdrawal of Arrest Powers, Rs 5 Crore Prosecution Threshold, Faster Refunds and Wider ITC
  • 57th GST Council Meeting on September 12, 2026: Agenda, Registration Reform and How Businesses Should Prepare
  • Supreme Court, August 12, 2026: No GST Arrest Until the Section 69 Order Is Communicated to You
  • GSTN Advisory 668: The August 1, 2026 e-Way Bill Changes Are On Hold (Ship-To GSTIN and Closure Facility Deferred)
  • GSTN Advisory No. 666: The FY 2025-26 AATO Amendment Window Closes July 31, 2026 (and GST Turnover Now Auto-Updates)

OTHER POSTS

  • SEBI Monitoring Agency Consultation Paper 2026: Mandatory Monitoring Agency for Every Issue, Direct Reporting to Exchanges and Promoter Demat Freeze Proposed
  • RBI FERR FAQs October 2026: Which Forex Hedges Attract the 20% Foreign Exchange Risk Reserve and Which Do Not
  • SEBI SME IPO Consultation Paper 2026: Rs 1,000 Crore Market Cap Test, Rs 3 Crore Profit and One-Share Trading Lot Proposed
  • India-Mauritius DTAA Principal Purpose Test 2026: What CBDT Notification 135/2026 and the New Article 27B Mean for Mauritius Investors
  • RBI Forex Hedging Rules October 2026: USD 5 Million No-Underlying Limit, Rebooking Ban and 20% Foreign Exchange Risk Reserve

Accredited Investor Alternative Investment Fund Annual Return April 2026 AY 2021-22 Budget Changes Case Law CBDT CBDT FAQ Deep-Dive CBIC CCFS 2026 Companies Act Companies Act 2013 DIN Dormant Company Due Date Extension FEMA Finance Act Foreign Exchange FY 2020-21 GST GST Council GST Refund GST Return High Court Income-tax Act 2025 Income-tax Rules 2026 Income Tax Income Tax Act 2025 Income Tax Rules 2026 Input Tax Credit International Taxation ITAT MCA MCA V3 Portal Notification NRI Taxation RBI ROC Filing SEBI Section 44AB Strike Off Tax Audit 2026 TDS

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