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TAX UPDATE INDIA

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Flash News

SEBI FATCA CRS Circular November 2026: Form 166 Replaces Form 61B for Brokers and Depository Participants

MSMED Amendment Act 2026: What Is in Force From 15 October 2026, TReDS for CPSEs and New Penalties for Buyers

SEBI KYC for NRIs, OCIs and Foreign Nationals From 3 December 2026: Digital On-Boarding From FATF Compliant Countries

E-Invoicing for Import of Services and Reverse Charge From 1 January 2027: What CBIC Notification 04/2026-Central Tax Changes

EDF for Export of Services Up to Rs 10 Lakh: RBI’s Second Amendment Deems Filing and Narrows IDPMS Reporting for Service Imports

SEBI Accredited Investor Circular of 5 November 2026: Manager-Led Accreditation, Three-Year Validity and the Rs 5 Crore Exposure Test

GST Registration Changes From 1 November 2026: Automatic Amendments, Portal Cancellation and E-commerce Warehouse Registration (Notification 05/2026-Central Tax)

AOC-4 and MGT-7 Without Additional Fees for FY 2025-26: MCA General Circular 05/2026 Allows Filing Till 31 December 2026 and 31 January 2027

Post-Sale Discount Under GST From 1 November 2026: New Section 15(3)(b) Drops the Prior-Agreement Condition, Credit Note and ITC Reversal Now Decide It

GST Refund Rules From 1 November 2026: 10-Day Acknowledgement, Portal Provisional Refund and New Inverted Duty Formula (Notification 05/2026-Central Tax)

Saturday, November 14, 2026

Tag: RBI Master Direction

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

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

CA Adityavikram Banka June 30, 2026

RBI TReDS Directions 2026 (notified 23 June): easier MSME onboarding, a wider financier pool and one consolidated rulebook for trade-receivables discounting.

Bill DiscountingFactoringInvoice DiscountingMSME ComplianceMSME financingMSME Working CapitalRBI Master DirectionRBI TReDS Directions 2026Trade Receivables DiscountingTReDS

Recent Posts

  • SEBI FATCA CRS Circular November 2026: Form 166 Replaces Form 61B for Brokers and Depository Participants
  • MSMED Amendment Act 2026: What Is in Force From 15 October 2026, TReDS for CPSEs and New Penalties for Buyers
  • SEBI KYC for NRIs, OCIs and Foreign Nationals From 3 December 2026: Digital On-Boarding From FATF Compliant Countries
  • E-Invoicing for Import of Services and Reverse Charge From 1 January 2027: What CBIC Notification 04/2026-Central Tax Changes
  • EDF for Export of Services Up to Rs 10 Lakh: RBI’s Second Amendment Deems Filing and Narrows IDPMS Reporting for Service Imports

INCOME TAX

  • SEBI FATCA CRS Circular November 2026: Form 166 Replaces Form 61B for Brokers and Depository Participants
  • 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

Corporate Law

  • MSMED Amendment Act 2026: What Is in Force From 15 October 2026, TReDS for CPSEs and New Penalties for Buyers
  • AOC-4 and MGT-7 Without Additional Fees for FY 2025-26: MCA General Circular 05/2026 Allows Filing Till 31 December 2026 and 31 January 2027
  • 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

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)

  • E-Invoicing for Import of Services and Reverse Charge From 1 January 2027: What CBIC Notification 04/2026-Central Tax Changes
  • GST Registration Changes From 1 November 2026: Automatic Amendments, Portal Cancellation and E-commerce Warehouse Registration (Notification 05/2026-Central Tax)
  • Post-Sale Discount Under GST From 1 November 2026: New Section 15(3)(b) Drops the Prior-Agreement Condition, Credit Note and ITC Reversal Now Decide It
  • GST Refund Rules From 1 November 2026: 10-Day Acknowledgement, Portal Provisional Refund and New Inverted Duty Formula (Notification 05/2026-Central Tax)
  • 57th GST Council Recommendations (8 October 2026): Withdrawal of Arrest Powers, Rs 5 Crore Prosecution Threshold, Faster Refunds and Wider ITC

OTHER POSTS

  • SEBI FATCA CRS Circular November 2026: Form 166 Replaces Form 61B for Brokers and Depository Participants
  • MSMED Amendment Act 2026: What Is in Force From 15 October 2026, TReDS for CPSEs and New Penalties for Buyers
  • SEBI KYC for NRIs, OCIs and Foreign Nationals From 3 December 2026: Digital On-Boarding From FATF Compliant Countries
  • E-Invoicing for Import of Services and Reverse Charge From 1 January 2027: What CBIC Notification 04/2026-Central Tax Changes
  • EDF for Export of Services Up to Rs 10 Lakh: RBI’s Second Amendment Deems Filing and Narrows IDPMS Reporting for Service Imports

Accredited Investor AIF Regulations Alternative Investment Fund AOC-4 April 2026 AY 2021-22 Budget Changes Case Law CBDT CBDT FAQ Deep-Dive CBIC CCFS 2026 Companies Act Companies Act 2013 Due Date Extension FEMA Finance Act FY 2020-21 GST GST Compliance 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 MGT-7 Notification NRI Taxation RBI ROC Filing SEBI SEBI Circular 2026 Section 44AB Strike Off Tax Audit 2026 TDS

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