Skip to content
  • Home
  • Categories
    • Finance
    • Income Tax
    • Corporate Law
    • Case Law
    • GST
  • Events
  • Resources
  • Community
  • Contact Us

TAX UPDATE INDIA

Latest Tax Updates, News, Articles & Notifications

  • Home
  • Categories
    • Finance
    • Income Tax
    • Corporate Law
    • Case Law
    • GST
  • Events
  • Resources
  • Community
  • Contact Us

Flash News

GSTN Advisory No. 666: The FY 2025-26 AATO Amendment Window Closes July 31, 2026 (and GST Turnover Now Auto-Updates)

Foreign Assets Now Appear in Your AIS: How to Reconcile AEOI Data and Schedule FA Before Filing AY 2026-27 (CBDT Order Dated 8 July 2026)

CCFS-2026 Extended to August 31, 2026: How Companies Can Still Clear Pending ROC Filings at 10% Additional Fees (MCA General Circular 03/2026)

Cost Inflation Index FY 2026-27 Notified at 384: How CBDT Notification S.O. 3889(E) Changes Your Capital Gains Tax

AS 22 Amendment 2026: No Deferred Tax on OECD Pillar Two Global Minimum Tax, New Disclosures for Indian Companies

No TDS on Aircraft and Ship Lease Rent Paid to IFSC Units: CBDT Notification 74/2026 and 75/2026

RBI’s New ECB Rules 2026: How Much Foreign Debt Your Company Can Raise Under the USD 1 Billion and 300% Net Worth Ceiling

New TDS and TCS Return Forms From FY 2026-27: Form 24Q Is Now Form 138 and Your Q1 Return Is Due July 31, 2026

FEMA Export Realisation Period 2026: Why Your Deadline Is 9 Months Now and 15 Months From October 1, 2026

CBDT Circular 06/2026: Condonation of Delay in Filing Form 10AB for Section 80G Renewal (Applications Filed October 2025 to March 2026)

Tuesday, July 21, 2026

Tag: GST

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
Uncategorized

Due Date and Compliance Calendar for April 2020

admin April 8, 2020

This post contains various Compliance requirements under Statutory Laws for the Month of April 2020.

Companies ActDue DateDue Date CalendarGSTIncome Tax

Posts pagination

Previous 1 2 3 Next

Recent Posts

  • GSTN Advisory No. 666: The FY 2025-26 AATO Amendment Window Closes July 31, 2026 (and GST Turnover Now Auto-Updates)
  • Foreign Assets Now Appear in Your AIS: How to Reconcile AEOI Data and Schedule FA Before Filing AY 2026-27 (CBDT Order Dated 8 July 2026)
  • CCFS-2026 Extended to August 31, 2026: How Companies Can Still Clear Pending ROC Filings at 10% Additional Fees (MCA General Circular 03/2026)
  • Cost Inflation Index FY 2026-27 Notified at 384: How CBDT Notification S.O. 3889(E) Changes Your Capital Gains Tax
  • AS 22 Amendment 2026: No Deferred Tax on OECD Pillar Two Global Minimum Tax, New Disclosures for Indian Companies

INCOME TAX

  • Foreign Assets Now Appear in Your AIS: How to Reconcile AEOI Data and Schedule FA Before Filing AY 2026-27 (CBDT Order Dated 8 July 2026)
  • Cost Inflation Index FY 2026-27 Notified at 384: How CBDT Notification S.O. 3889(E) Changes Your Capital Gains Tax
  • No TDS on Aircraft and Ship Lease Rent Paid to IFSC Units: CBDT Notification 74/2026 and 75/2026
  • New TDS and TCS Return Forms From FY 2026-27: Form 24Q Is Now Form 138 and Your Q1 Return Is Due July 31, 2026
  • CBDT Circular 06/2026: Condonation of Delay in Filing Form 10AB for Section 80G Renewal (Applications Filed October 2025 to March 2026)

Corporate Law

  • CCFS-2026 Extended to August 31, 2026: How Companies Can Still Clear Pending ROC Filings at 10% Additional Fees (MCA General Circular 03/2026)
  • AS 22 Amendment 2026: No Deferred Tax on OECD Pillar Two Global Minimum Tax, New Disclosures for Indian Companies
  • RBI’s New ECB Rules 2026: How Much Foreign Debt Your Company Can Raise Under the USD 1 Billion and 300% Net Worth Ceiling
  • FEMA Export Realisation Period 2026: Why Your Deadline Is 9 Months Now and 15 Months From October 1, 2026
  • RBI TReDS Directions 2026: What the New Trade Receivables Discounting Rules Mean for MSME Working Capital

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)

  • GSTN Advisory No. 666: The FY 2025-26 AATO Amendment Window Closes July 31, 2026 (and GST Turnover Now Auto-Updates)
  • CGST Circular 255/2026: Who Handles Your GST Case After You Change Jurisdiction
  • GSTR-3B Hard-Locking and IMS: Why GSTR-1 and the Invoice Management System Now Decide Your GST Liability
  • GSTN Defers Mandatory Ship-To GSTIN and E-Way Bill Voluntary Closure to August 1, 2026: What Changes and How to Prepare
  • GST Notification 01/2026-Central Tax (Rate) Effective May 1 2026: How the Finance Act 2026 Beverage Reclassification Moves HS 2202 Carbonated and Caffeinated Drinks to the 40 Per Cent Slab, the Schedule I and Schedule III Tariff Substitutions, the May 6 Corrigendum GSR 339(E), and the Practitioner Compliance Checklist

OTHER POSTS

  • GSTN Advisory No. 666: The FY 2025-26 AATO Amendment Window Closes July 31, 2026 (and GST Turnover Now Auto-Updates)
  • Foreign Assets Now Appear in Your AIS: How to Reconcile AEOI Data and Schedule FA Before Filing AY 2026-27 (CBDT Order Dated 8 July 2026)
  • CCFS-2026 Extended to August 31, 2026: How Companies Can Still Clear Pending ROC Filings at 10% Additional Fees (MCA General Circular 03/2026)
  • Cost Inflation Index FY 2026-27 Notified at 384: How CBDT Notification S.O. 3889(E) Changes Your Capital Gains Tax
  • AS 22 Amendment 2026: No Deferred Tax on OECD Pillar Two Global Minimum Tax, New Disclosures for Indian Companies

Annual Return AOC-4 April 2026 AY 2021-22 Budget Changes Case Law CBDT CBIC CCFS 2026 Circular Companies Act Companies Act 2013 Corporate Law DIN Dormant Company Due Date Extension FEMA Finance Act Foreign Exchange FY 2020-21 GST GST Council GSTR3B GST Return High Court Income-tax Act 2025 Income Tax Income Tax Act 2025 Income Tax Rules 2026 International Taxation ITAT LLP MCA MCA V3 Portal MGT-7 Notification NRI NRI Taxation RBI RCM Residential Status ROC Filing Strike Off TDS

Categories

GET IN TOUCH

mail@taxupdate.in

TaxUpdate.in by

A S Banka Advisors Private Limited

106, Aditya Heritage, Mindspace,

Malad West, Mumbai – 400064.

Proudly powered by WordPress | Theme: TimesNews | By Theme Freesia.
Terms of Service & Privacy Policy

Never Miss a Tax Deadline Again

Get weekly regulatory updates, filing deadline reminders, and compliance insights delivered to your inbox. Stay ahead of FEMA, RBI, and Income Tax changes.
Invalid email address
TaxUpdate.in - No spam, unsubscribe anytime.
Thanks for subscribing!