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Flash News

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)

CGST Circular 255/2026: Who Handles Your GST Case After You Change Jurisdiction

RBI TReDS Directions 2026: What the New Trade Receivables Discounting Rules Mean for MSME Working Capital

DPT-3 Due Date Extended to July 31, 2026: MCA General Circular 02/2026, the Data Centre Fire Relief Package, and Who Must File

RBI Withdraws 732 Defunct FEMA Circulars (A.P. DIR Series Circular 18 of June 24, 2026): What Changes for Your FDI, ODI and ECB Compliance

CBDT FAQ Deep-Dive Series #8: Scientific Research and R&D Deduction Moves From Section 35 of the 1961 Act to Section 45 of the Income-tax Act 2025

SEBI’s GARUDA Mechanism: AIF Schemes Can Now Launch in 10 Working Days From the June 19, 2026 Board Reforms

Wednesday, July 08, 2026

Tag: Income Tax

Uncategorized

Date for making investments to claim Income Tax deductions extended to 30th June

admin April 5, 2020

In the view of the outbreak of COVID-19 the FM had announced various relief measures regarding statutory compliance related to Income Tax and GST. The FM passed an ordinance to … Read More

Due DateIncome Tax
Uncategorized

TDS Rate Chart for Financial Year 2020-21 and Assessment Year 2021-22

admin April 1, 2020

Rates of TDS applicable for Financial Year 2020-21 Assessment Year 2021-22.

AY 2021-22Budget ChangesFinance ActFY 2020-21Income TaxTDS
Uncategorized

Income Tax Slab & Rates applicable for Financial Year 2020-21 and Assessment Year 2021-2022

admin April 1, 2020

A. Individual Tax Slab Rates Finance Act 2020 has given choice to Individuals & Sole Proprietor Business and Profession to chose between a New Slab Rates or Continue with old … Read More

AY 2021-22Budget ChangesFinance ActFY 2020-21Income Tax
Uncategorized

TDS Return and Due Dates Details

admin April 1, 2020

TDS payment due date every quarter

Due DateIncome TaxTDS

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Recent Posts

  • 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)
  • CGST Circular 255/2026: Who Handles Your GST Case After You Change Jurisdiction

INCOME TAX

  • 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)
  • CBDT FAQ Deep-Dive Series #8: Scientific Research and R&D Deduction Moves From Section 35 of the 1961 Act to Section 45 of the Income-tax Act 2025
  • Children Education Allowance Jumps to Rs 3,000 a Month: How the Income-tax Rules 2026 Reset Salary Allowance Exemption Limits From FY 2026-27
  • HRA 50% Exemption Now Covers 8 Cities From FY 2026-27: Bengaluru, Hyderabad, Pune and Ahmedabad Added Under the Income-tax Rules 2026

Corporate Law

  • 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
  • DPT-3 Due Date Extended to July 31, 2026: MCA General Circular 02/2026, the Data Centre Fire Relief Package, and Who Must File
  • Corporate Laws (Amendment) Bill 2026: Bigger Small Company, Liberalised Buybacks and a Body-Corporate NFRA

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)

  • 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
  • GSTAT Cohort-D With 35 Days Left to the June 30 2026 Cut-Off: The 5 NIC Portal Filing Errors Killing Practitioner Throughput, Section 112(8) Pre-Deposit Mechanics Under Rule 123 of the GSTAT Procedure Rules 2025, Section 112(6) Condonation Map to September 28 2026, and the Week-by-Week Sprint Template for the Final Filing Window

OTHER POSTS

  • 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)
  • CGST Circular 255/2026: Who Handles Your GST Case After You Change Jurisdiction

AIF Annual Return 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 Notification NRI NRI Taxation RBI RCM Residential Status ROC Filing SEBI Strike Off TDS

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