efiletax Insights

The efiletax Blog

Tax insights, filing guides, and financial-planning tips from our team of CAs.

DSC21 Oct 2026

eMudhra Certificate Compromise: What It Means (and Doesn’t) for Your DSC

Eight eMudhra intermediate CA certificates were flagged as compromised and blocked by every major browser within days. Here’s an accurate read — and why your GST/MCA/ITR digital signatures are a separate matter.

·3 min read
GST17 Oct 2026

Rent Below ₹20 Lakh? Your FD Interest May Still Make GST Registration Mandatory

Commercial rent alone may be under ₹20 lakh, but GST’s registration limit is tested on aggregate turnover, which includes exempt FD and savings interest. Here’s how it works for property owners and co-owners.

·5 min read
GST17 Oct 2026

Delhi High Court Pushes CBIC to End Repeat GST Litigation — What It Means for Taxpayers

The Delhi High Court has directed CBIC to examine its earlier GST rulings and issue directions to stop the same questions being litigated repeatedly. Two judgments — Gaurav Jain (10% penalty pre-deposit) and Parag Garg (scope of Section 122(1A)) — are at the centre. Here’s the order and why consistency matters for taxpayers.

·5 min read
GST16 Oct 2026

GSTN Advisory: e-Invoicing for RCM Self-Invoices — New RCMDOM & RCMIMP Codes Explained

GSTN is extending e-invoicing to recipient-generated self-invoices under reverse charge, with two new supply codes — RCMDOM (domestic supplies from unregistered persons) and RCMIMP (import of services) — for businesses with ₹5 crore+ turnover. It’s live in the IRP sandbox now. Here’s how it works and how to prepare.

·5 min read
Income Tax16 Oct 2026

Tamil Nadu GST Vehicle Checks Go Intelligence-Based: What It Means for MSMEs and Transporters

Tamil Nadu has ended routine roving-squad checks of goods vehicles. From a 14 October 2026 order, a vehicle can be stopped only on specific intelligence, with prior Joint Commissioner authorisation and written reasons — implementing the 57th GST Council decisions. Here’s what it means for TN businesses moving goods, and what stays the same.

·6 min read
GST16 Oct 2026

Rule 14A GST Registration Explained: Benefits, and Why You Can’t Re-Apply After Cancellation

Rule 14A gives small businesses a 3-working-day GST registration — but once you’ve used it in a State and cancelled, the portal blocks a fresh Rule 14A application for the same PAN in that State. Here’s why (Rule 14A(3)), how to still get registered via the standard route, and why you should withdraw (REG-32) rather than cancel.

·5 min read
GST13 Oct 2026

GST E-Way Bill Relief: Goods Vehicles Can Be Stopped Only at Origin and Destination States

The 57th GST Council has approved that GST officers can inspect goods vehicles only in the origin and destination states — not in transit states — and only on specific intelligence with Joint Commissioner authorisation. Here’s what changes for transporters and businesses moving high-value goods.

·5 min read
GST13 Oct 2026

GST E-Invoicing for Imported Services: What Businesses Paying for Overseas Software, Cloud & Consulting Should Know

Pay for foreign SaaS, cloud or consulting? The 57th GST Council has proposed extending e-invoicing to imported services and reverse-charge purchases for businesses with turnover of ₹5 crore or more — plus a return-correction mechanism from April 2027. Here’s how reverse charge works today and what’s likely to tighten.

·6 min read
GST10 Oct 2026

GST Relief for Pharma: ITC on Free Samples & Expired Stock, Plus Wider Refunds

The 57th GST Council has cleared pharma companies to claim input tax credit on physician free samples and on goods destroyed on expiry — and widened inverted-duty refunds to input services and capital goods. For a sector mostly at 5% GST, it’s a major working-capital win, effective from the next financial year.

·6 min read
GST10 Oct 2026

Ola, Uber, Swiggy, Zomato: Uniform 5% GST on Your Everyday Apps — What the CBIC Clarified

The CBIC has clarified that a uniform 5% GST applies to cab aggregators and delivery platforms — Ola, Uber, Swiggy, Zomato, Flipkart, Amazon — regardless of business model. Plus: GST rate changes move to once a year (1 April), IMS turns mandatory, and faceless assessments are coming. Here’s what it means.

·6 min read
GST10 Oct 2026

How to Cancel GST Registration in 2026: Process, FORM REG-16 and Final Return

A step-by-step 2026 guide to cancelling your GST registration — when you can cancel, how to file FORM GST REG-16, the new system auto-acceptance rules, the final return (GSTR-10), and how to revoke a cancellation. Don’t just stop filing.

·3 min read
GST9 Oct 2026

How to Amend GST Registration in 2026: FORM REG-14, Auto-Approval & PPoB Changes

Most GST registration amendments are now auto-approved. This 2026 guide covers how to change your business name, address, place of business and partners using FORM GST REG-14 — what’s instant, and the one change (PPoB for normal taxpayers) that still needs officer approval.

·6 min read
GST9 Oct 2026

How to Cancel GST Registration in 2026: Process, FORM REG-16 & Final Return

A step-by-step 2026 guide to cancelling your GST registration — when you can cancel, how to file FORM GST REG-16, the new system auto-acceptance rules, the final return (GSTR-10), and how to revoke a cancellation. Don’t just stop filing.

·7 min read
Income Tax9 Oct 2026

How to Register for GST in 2026: Step-by-Step Process, Documents & Thresholds

A complete 2026 guide to GST registration in India — who needs to register, the turnover thresholds (₹40L/₹20L), documents required, the step-by-step REG-01 process, and the new 3-working-day automated route. Free to apply on the GST portal.

Mohan·8 min read
GST9 Oct 2026

GST for E-Commerce Sellers: The New Rule 14B Simplified Registration Scheme Explained

Selling on Amazon, Flipkart or Meesho? The new Rule 14B scheme lets small online sellers register in a state without a physical office there — by using the platform’s warehouse as their place of business. Here’s who qualifies, how to apply, and the forms, timelines and obligations.

·6 min read
GST9 Oct 2026

GST After the 57th Council: Step-by-Step Guide to the New Registration, Cancellation & Refund Processes

A practical, form-by-form walkthrough of the new GST processes from the 57th Council FAQs — auto-accepted registration amendments, cancellation via REG-16, the Rule 14B e-commerce scheme, and the system-driven refund flow with 90% upfront. Which form, how long, and what triggers automatic approval.

·8 min read
GST9 Oct 2026

57th GST Council Meeting: The Complete Guide to GST 2.0’s Process Reforms

The 57th GST Council (8 October 2026) overhauled how GST works — arrest powers withdrawn, prosecution threshold up to ₹5 crore, blocked ITC opened up, refunds made faster and extended to input services and capital goods, and a ₹10,000 floor on notices. A detailed, section-by-section guide from the official release.

·11 min read
GST8 Oct 2026

57th GST Council Decoded: Arrest Powers Gone, Credits Unblocked, Faster Refunds — No Rate Changes

The 57th GST Council (8 October 2026) overhauled how GST works — removing arrest powers, raising the prosecution threshold to ₹5 crore, cutting the general penalty to ₹10,000, unblocking ITC on insurance/telecom towers/pipelines, and making input services and plant & machinery refundable. No rates were changed. Here's the full official outcome.

·9 min read
GST8 Oct 2026

GST 2.0: What the 57th GST Council Decided — Arrest Powers Out, Credits Unblocked, Cheaper Delivery

The 57th GST Council met on 8 October 2026 to complete the GST 2.0 overhaul. Early reports: arrest powers removed, prosecution threshold up to ₹5 crore, a ₹10,000 floor on notices, blocked ITC opened up, and delivery GST cut to 5%. Here's what's approved vs still awaiting the official release.

·6 min read
GST7 Oct 2026

GST Rule 86B: When You Must Pay 1% of Output Tax in Cash — and the 6 Ways Out

If your monthly taxable supplies cross ₹50 lakh, Rule 86B can cap ITC use at 99% and force the remaining 1% to be paid in cash. But six exceptions — income tax paid, export/inverted-duty refunds, cumulative cash, government bodies and more — can switch it off. Check before you pay.

·5 min read
Income Tax6 Oct 2026

57th GST Council Meeting (Now Oct 8): Arrest Powers Out, Faster Refunds, ₹5 Crore Prosecution Threshold

The GST Council meeting is postponed a second time — now 8 October 2026. On the table: scrapping arrest powers, raising the prosecution threshold to ₹5 crore, 90% upfront export refunds with 10-day auto-acknowledgement, and no show-cause notices below ₹10,000. Here's the full preview and what to do now.

Mohan·7 min read
GST6 Oct 2026

EDF from 1 October 2026: SOFTEX Is Gone — What Service & Software Exporters Must Do

From 1 October 2026, service and software exporters must file a monthly Export Declaration Form (EDF) with their bank within 30 days of month-end, SOFTEX is retired, and export proceeds must arrive in 9 months. Here's the full process — plus the GST reconciliation (GSTR-1 6A, GSTR-3B, EDPMS, RFD-01) that protects your refunds.

Mohan·7 min read
GST5 Oct 2026

Playground Equipment 5% GST, Gym Equipment 18%: What the Gujarat AAR Ruled

Outdoor playground gear is taxed at 5% as sports goods, while outdoor gym equipment attracts 18% as general physical-exercise equipment — even when they're made of the same materials. The Gujarat AAR explains the HSN split, the rate notification, and why bearings go separately at 18%.

Mohan·5 min read
Income Tax5 Oct 2026

ITAT Deletes ₹48.95 Crore Bogus-Purchase Addition — Reassessment Held Void

The ITAT quashed a reassessment as void ab initio and deleted a ₹48.95 crore bogus-purchase addition under Section 69C, holding that the Assessing Officer acted on "borrowed satisfaction" with no independent verification. Here's what it means if you face a reopening notice.

Mohan·7 min read
ROC5 Oct 2026

DPDP Act 2023 & Rules 2025: A Practical Compliance Guide for Businesses

India's Digital Personal Data Protection law is now live in phases — the core obligations (consent, notice, security, breach reporting, data-principal rights) apply from 13 May 2027, with penalties up to ₹250 crore. Here's what every business must do, and why to start now.

Mohan·8 min read
GST5 Oct 2026

GST Council May Withdraw IGST Exemption on Gold, Silver and Platinum Imports

The GST Council may withdraw the IGST exemption that lets banks and nominated agencies import gold, silver and platinum tax-free — a 2017 relief now up for review. Here's what's proposed, the rationale, and who it affects.

Mohan·5 min read
GST5 Oct 2026

Next-Gen GST: What to Expect from the October 7 GST Council Meeting

The GST Council meets on 7 October 2026 for the next phase of Next-Gen GST — this time easing compliance rather than cutting rates. Court-ordered arrests, a ₹5 crore prosecution threshold, wider input tax credit, quarterly payments for small business, and 90% upfront refunds are all on the table.

Mohan·6 min read
GST5 Oct 2026

The GST Cut on Health Insurance: Did Your Premium Actually Fall?

GST on individual health and life insurance dropped from 18% to zero on 22 September 2025 — but your bill falls by about 15.25%, not 18%, and group cover still pays full tax. Here's the math, the renewal timing, and exactly what to check.

Mohan·6 min read
GST4 Oct 2026

GST Council May Allow ITC on Group Insurance and Leased Vehicles — What Employers Should Know

At its 7 October 2026 meeting, the GST Council may allow input tax credit on group health and life insurance premiums and on vehicles taken on lease, rent or hire — relief that would cut a real cost for employers. Here's what's proposed and what to do now.

Mohan·5 min read
GST4 Oct 2026

GST Arrest Powers May Be on Their Way Out — What It Means for Businesses

The Centre is reported to be moving to remove arrest powers under GST, with the matter headed to the GST Council and then Parliament. Here's what Section 69 says today, why the rethink, and what would and wouldn't change for taxpayers.

Mohan·6 min read
Income Tax3 Oct 2026

Filed Your ITR Late? You May Lose the Right to Carry Forward Capital Losses

A belated ITR lets you file after the deadline — but it can quietly cost you the right to carry forward Short-Term and Long-Term Capital Losses for 8 years. Here's how the rule works, the exceptions, and what the Income-tax Act 2025 changes (and doesn't).

Mohan·7 min read
GST3 Oct 2026

GST Section 23 Explained — Who Doesn't Need to Register (and Why Turnover Isn't the Whole Story)

Section 23 of the CGST Act decides who is not liable to register for GST — exempt-only suppliers, agriculturists, and persons notified by the Government. Here's how it works with Sections 22 and 24, the notifications that matter, and the traps that catch businesses.

Mohan·5 min read
GST3 Oct 2026

GST Stays Strong in September 2026 — But Experts Flag One Number to Watch

Gross GST crossed ₹2.04 lakh crore in September 2026, up 14.7%. Tax experts call the headline healthy — but point to faster import growth and a dip in domestic refunds as the real signals worth tracking.

Mohan·5 min read
GST3 Oct 2026

GSTAT Opens Online Route to Club Identical GST Disputes Across States

GSTAT now lets taxpayers with multiple GSTINs under one PAN file a single online application to transfer and club appeals raising the same question of law before different benches — already applied to 504 appeals on one issue. Here's what it means and who should use it.

Mohan·4 min read
GST3 Oct 2026

GST Relief for Gaming Companies: Demands Slashed, No Director Liability — What the SC Ruling Means

After the Supreme Court verdict, the first final GST orders for gaming and casino firms have come in far lower than their show-cause notices — Delta Corp's fell from ~₹16,000 crore to ~₹117 crore — with no personal penalties on directors. Here's the "deposit not winnings" logic, the Section 89 directors'-liability point, and what's still pending before 14 October.

Mohan·7 min read
Investments2 Oct 2026

Ten Years of the IBC: How It Reshaped Credit Discipline and Recovery in India

At IBBI's 10th Annual Day, the government credited the Insolvency and Bankruptcy Code with strengthening credit discipline, improving recovery, and easing business. Here's why the IBC works, the maturing ecosystem behind it, and what the time-bound, creditor-driven regime means for how your business borrows, lends and contracts.

·6 min read
ROC2 Oct 2026

NFRA's Going Concern Guidance (SA 570): What Auditors and Audit Committees Must Know

NFRA's sixth Auditor–Audit Committee guidance tackles SA 570 (Going Concern). Management owns the assessment; the auditor evaluates it — and the outcome drives the audit report across six distinct situations. Here's the framework, why disclosure decides the opinion, and the questions audit committees should be asking.

Mohan·5 min read
ROC2 Oct 2026

MCA Warns Public on Nidhi Companies Promising High Returns: How to Protect Yourself

The MCA has cautioned the public against non-compliant Nidhi companies luring members with unusually high returns. Nidhis can only deal with their own members, and their deposits aren't DICGC-insured. Here's how to spot the red flags and verify a Nidhi's genuine status before you invest.

Mohanb·6 min read
Income Tax2 Oct 2026

Tax Audit Deadline Extended to 21 October 2026: CBDT Circular 07/2026 Explained

CBDT has extended the AY 2026-27 tax audit report deadline from 30 September to 21 October 2026, and the audit-case ITR from 31 October to 21 November, via Circular 07/2026 under Section 119. Here's who it covers, who it doesn't (transfer-pricing cases), and how to use the extra time.

Mohan·5 min read
GST2 Oct 2026

GST Compliance Calendar — October 2026: Every Due Date and Who Files What

October carries September's monthly GST returns and the July–September quarterly returns together. Here's the full due-date calendar — GSTR-1, GSTR-3B, CMP-08, QRMP and the rest — grouped by date with a plain-English note on who files each, plus the late-fee traps to avoid.

Mohan·5 min read
GST2 Oct 2026

GST Numbers: Stronger on the Surface, Weaker Underneath — The Base Adjustment Explained

FY27 GST collections are up 9% year-to-date — but a ₹62,200 crore cess adjustment to the base is doing much of the work. Add it back and growth falls to ~1.3%, with domestic GST actually contracting. Here's a fair look at both sides, and what the softer domestic trend means for businesses.

Mohan·6 min read
GST2 Oct 2026

GST Council May Unblock ITC on Employee Insurance, Catering, Free Samples & Expired Stock

The GST Council's Law Committee has recommended five amendments to Section 17(5) to unblock input tax credit on employee life/health insurance, outdoor catering, free samples and written-off goods — to be considered on 7 October. Motor vehicles remain unresolved. Here's what's proposed and how to prepare.

Mohan·6 min read
GST2 Oct 2026

Unsigned GST Notices Are Valid If Issued Through the Portal: Telangana HC Full Bench

A Telangana High Court Full Bench has held that GST notices and orders issued through an officer's authenticated GST-portal login are valid even without a visible signature — resolving 500+ petitions worth ~₹1,500 crore. Here's the reasoning, the live courtroom demo, and why you shouldn't bank on the "no signature" defence.

Mohan·7 min read
GST2 Oct 2026

GST Collections September 2026: Gross Crosses ₹2.03 Lakh Crore, Net Up 18%

India's gross GST collection hit ₹2.03 lakh crore in September 2026 (+14.7%), with net revenue up a sharper 18.1% as refunds dipped. Imports led the growth at +25.9%. Here's the full breakdown — gross vs net, domestic vs imports, and the year-to-date trend.

Mohan·5 min read
GST2 Oct 2026

Multi-State GST Registration Is Live: One Profile, Many States — Here's How It Works

From 1 October 2026, GSTN lets normal taxpayers apply for GST registration across multiple States/UTs in one flow — enter common details once via a Master TRN, and the portal auto-fills each state application. Separate GSTINs still apply. Here's the step-by-step.

Mohan·6 min read
Income Tax2 Oct 2026

Got the Income Tax Message on Foreign Assets? Here's What to Do

Many taxpayers with RSUs, US stocks or old foreign bank accounts are getting an Income Tax message about FAST-DS. Here's why it came, the common mistakes, and how to fix it before 31 December 2026.

Mohan·3 min read
ROC29 Sept 2026

Missed Your ROC or ITR Filing? Here's What It Really Costs Your Company

AOC-4, MGT-7 and company ITR deadlines for FY 2025-26 are close. Learn the due dates, why these filings matter, and what late fees, penalties and director disqualification can cost if you miss them.

Mohan·7 min read
Income Tax24 Sept 2026

Tax Audit Deadline AY 2026-27: Still 30 September — What to Do While the Extension Debate Rages

CA bodies want the Section 44AB tax-audit deadline pushed from 30 September to 31 October — but CBDT hasn't moved it. Here's where it stands, why it happens every year, and what to do now to avoid a 271B penalty.

Mohan·8 min read
Investments24 Sept 2026

IRDAI's Insurance Commission Overhaul: Why Distribution Stocks Crashed — and What the Draft Proposes

IRDAI's draft "Recalibrating Economics of Insurance Distribution" proposes deep commission cuts and tighter cost limits — triggering a sharp sell-off, with PB Fintech down 36%. Here's what's proposed, who's hit hardest, and why it's still only a draft (comments due 25 Oct).

Mohan·8 min read
GST24 Sept 2026

GST Search of a Lawyer's Office: Supreme Court to Weigh Seizure vs Client Privilege

The Supreme Court has agreed to hear an advocate's challenge to a Delhi HC order that upheld a GST search under Section 67(2) and the seizure of his computer. The case pits GST search powers against attorney-client privilege — and matters to every professional whose devices hold multiple clients' data. Here's the state of play.

Mohan·7 min read
ROC24 Sept 2026

PAS-6 for Private Companies: Who Must File, Deadlines, and How to Do It Right

PAS-6 — the half-yearly share-capital reconciliation — now applies to non-small private companies too, not just public ones. With the "small company" limits raised to ₹10cr/₹100cr from December 2025, here's who must file, the 30 May / 29 Nov deadlines, the filing steps, penalties, and answers to the common questions.

Mohan·9 min read
GST23 Sept 2026

GST Exemption for Hospital Diets: Relief for Healthcare Providers, Not Outsourced Canteens

The GSTAT held that an outsourced caterer's food to hospital in-patients is taxable — the healthcare exemption follows the supplier and their role, not the food's end use. But the Tribunal dropped Section 74 for Section 73 and allowed cum-tax relief. Here's the reasoning and what caterers must know.

Mohan·8 min read
GST22 Sept 2026

One Year of GST 2.0: Where the Rate Cuts Held — and Where Commodity Prices Ate the Gains

A year after the GST rate rejig, rising commodity and input costs have clawed back much of the consumer benefit. Autos held their gains, FMCG got a cushion, and apparel and mid-market hotels were squeezed. Here's the scorecard — and what businesses should take from it.

Mohan·7 min read
GST22 Sept 2026

Caterer's Food to Hospital In-Patients Is Taxable Under GST — Not Exempt Healthcare: GSTAT

The GSTAT held that food supplied by an outsourced caterer to hospital in-patients is taxable — the composite-healthcare exemption applies to hospitals, not third-party caterers. But the Tribunal dropped Section 74 for Section 73 and allowed cum-tax relief. Here's what caterers and facility contractors should know.

Mohan·6 min read
ROC20 Sept 2026

MCA-21 V3 Annual Filing: A Practical Zero-Error Playbook for AOC-4, MGT-7 & XBRL

MCA-21 V3 added pre-fills, linked forms and mandatory Excel utilities — and plenty of new ways to hit a validation error. This practical playbook walks companies and LLPs through filing AOC-4, MGT-7/7A and XBRL cleanly, with a readiness checklist and an error-response matrix.

Mohan·11 min read
GST19 Sept 2026

Maintenance Charges on Leased Premises: Who Really Gets the ITC?

A tenant who pays the developer's maintenance and gets the invoice in its name doesn't automatically get ITC. Under GST, the "recipient" is whoever is legally liable to pay — not who pays or uses the space. Here's how to structure it so the credit actually holds.

Mohan·8 min read
GST19 Sept 2026

The Entire GSTR-3B vs GSTR-2A Gap Can't Be Disallowed Without Invoice-Wise Verification: GSTAT

In one of the first GSTAT rulings on the most common GST notice, the Tribunal held that a GSTR-3B vs GSTR-2A mismatch can't be treated as ineligible ITC without invoice-wise verification — while the burden of proof still rests on the taxpayer. Here's how to build your case.

Mohan·9 min read
Income Tax19 Sept 2026

Winning Your Tax Appeal May Not End a Criminal Case: Lessons from the S.J. Suryah Ruling

Actor-director S.J. Suryah will face trial in an income-tax prosecution despite the ITAT setting aside his assessments — because the relief was on a technicality, not the merits. Here's the tax-appeal-vs-prosecution rule every taxpayer should know.

Mohan·8 min read
GST18 Sept 2026

Why the State Finance Ministers' Conference Matters Before the 7 October GST Council

Days before the GST Council's 7 October meeting, the Centre and states meet to discuss financing priorities — including how the 2025 GST rate cuts hit state revenues. Here's why that conversation shapes what the Council does next.

Mohan·6 min read
GST18 Sept 2026

Phones at 5% GST? What ICEA's Request Means — and Why Your Bill Is Still 18%

The mobile industry has asked the government to cut GST on phones from 18% to 5% as memory chip prices quadruple and budget demand slumps. Here's what it would mean for buyers — and why nothing changes until the GST Council acts.

Mohan·7 min read
GST17 Sept 2026

GST on GST on UPI? No — Here's What the New UPI Rules Actually Mean

No, you don't pay GST on GST when using UPI. Here's what the new 15 Oct 2026 UPI MDR rules really mean for consumers and merchants — with clear examples.

Mohan·4 min read
GST17 Sept 2026

GST on PG & Hostel Accommodation: The ₹20,000 and 90-Day Exemption Explained

From 15 July 2024, PG and hostel accommodation is GST-exempt when the charge is ₹20,000 or less per person per month and the stay is at least 90 continuous days — for ladies' and men's PGs alike. Here are the conditions, the traps, and what applies if you cross the line.

Mohan·9 min read
GST17 Sept 2026

No, Bricks Did Not Become 5% GST — They're Still 12% (Notification 14/2025 Explained)

Notification 14/2025 re-fixed 12% GST on fly ash bricks, building bricks and roofing tiles from 22 September 2025 — with a 6%-without-ITC option. The GST 2.0 cuts left this untouched, so a 5% invoice is a red flag. Here's what suppliers and builders must check.

Mohan·6 min read
Income Tax15 Sept 2026

Limited Scrutiny Can Check Your Source — But Can't Tax the Same Money Twice: ITAT Hyderabad

ITAT Hyderabad allowed an officer to verify agricultural income offered against flagged cash deposits, but deleted the duplicate addition of the same amount. Here's what it means for anyone facing a cash-deposit scrutiny notice.

Mohan·7 min read
GST15 Sept 2026

Will GCCs Finally Get GST Export Relief? Inside the Section 13(3)(a) Proposal

A place-of-supply rule forces global capability centres to pay 18% GST on work done for overseas parents, even when paid in foreign exchange. The GST Council may fix it on 7 October — here's what it means and how to get refund-ready.

·3 min read
GST15 Sept 2026

Built to Rent? Madras HC Order Revives GST Credit Claims for Commercial Developers

The Madras High Court has told tax officers they can't reject ITC on construction cost by simply citing the 2025 amendment — they must examine what the building is actually for. Here's what developers holding blocked GST credit should do now.

Mohan·8 min read
Income Tax12 Sept 2026

Tax Audit Report Compliance for AY 2026-27: What's Actually in Force (and What Isn't)

The proposed ₹75,000/₹1,50,000 fixed late fee for delayed Tax Audit Reports does not apply to AY 2026-27 — Section 271B's turnover-linked penalty still governs, but a late audit report can trigger Section 234A interest and a permanent loss of carry-forward for business and capital losses.

Mohan·4 min read
GST12 Sept 2026

Section 61 Scrutiny Isn't a Precondition for Every Section 74A Notice: Allahabad High Court

The Allahabad High Court has held that a GST department need not first scrutinize returns under Section 61 before issuing a Section 74A show cause notice — that requirement kicks in only when the notice rests solely on return-based discrepancies, not on independent supplier verification.

Mohan·5 min read
GST12 Sept 2026

CBI Arrests CGST Official and Consultant Over ₹1 Crore Bribe for Flat Redevelopment NOC

The CBI has arrested a CGST Superintendent and a consultant accused of demanding ₹1 crore to clear a redevelopment NOC for 24 government-owned flats in New Panvel — with the alleged payoff split across cash, a personal property down payment, and funds for other officers.

Mohan·6 min read
Income Tax10 Sept 2026

Section 153C Limitation Starts on Receipt of Seized Material, Not the Search Date: ITAT Delhi

ITAT Delhi has held that for non-searched persons assessed under Section 153C, the six/ten-year limitation block runs from when their own AO receives the seized material — invalidating a demand where escaped income fell short of the ₹50 lakh threshold for the extended block.

Mohan·7 min read
GST10 Sept 2026

GST Compliance for Mutual Fund Distributors: A Practical Guide

A practical walkthrough for MFDs on GST registration thresholds, required documents, the GSTR-1/2B/3B filing cycle, QRMP eligibility, and how AssetPlus's same-day GST payout eases working-capital pressure.

Mohan·6 min read
GST10 Sept 2026

CBIC vs. Garg: What's Really Behind the GST Data "Manipulation" Dispute

CBIC has rejected former finance secretary Subhash Chandra Garg's claim that GST growth figures are manipulated, arguing that excluding the now-discontinued compensation cess is the only methodologically valid way to compute a comparable year-on-year growth rate.

Mohan·5 min read
GST9 Sept 2026

GSTAT Kolkata: Higher GST on Packaging Alone Qualifies for Inverted Duty Refund

Ruling in favor of tea packager Tea Linker, the GSTAT Kolkata bench held that a refund under the inverted duty structure doesn't require the finished product's rate to be lower than the raw material's — higher GST on packaging inputs alone is enough, and CBIC circulars can't override that statutory right.

Mohan·7 min read
GST9 Sept 2026

Taxing a Promise: The Unsettled Law on GST for Corporate Guarantees

The Bombay and Gujarat High Courts have split on whether GST applies to corporate guarantees between related parties, leaving Rule 28(2)'s 1% annual valuation, its retrospective reach, and the "no consideration, no supply" question unresolved ahead of pending Delhi High Court petitions.

Mohan·5 min read
GST8 Sept 2026

GSTN Removes Portal Block on Appealing "NIL" or "Zero" GST Demand Orders

GSTN Advisory No. 671 fixes a long-standing portal glitch that blocked taxpayers from appealing demand orders showing a zero balance — even when they'd paid the disputed amount upfront — letting them now contest the order's merits and claim refunds.

Mohan·3 min read
GST8 Sept 2026

Supreme Court Refuses to Revive ₹363 Crore GST Demand Against Vodafone Idea Over a Dissolved Entity

The Supreme Court has upheld a Bombay High Court ruling quashing a ₹363 crore GST demand against Vodafone Idea, holding that a show-cause notice issued to a company already dissolved by merger is void from the outset — regardless of the underlying tax dispute's merits.

Mohan·6 min read
GST8 Sept 2026

Telangana's New AI Rulebook for Tax Officers: What Circular No. 1/2026 Actually Bans and Allows

Telangana's Commercial Taxes Department has banned officers from feeding taxpayer data into public AI tools, tying confidentiality breaches to personal liability under the TGST Act, Official Secrets Act, and DPDPA — while still allowing AI for hypothetical legal research and drafting help.

Mohan·6 min read
GST7 Sept 2026

9 Years of GST statistics: What 1.67 Crore Taxpayers and ₹23 Lakh Crore in Collections Actually Tell Us

GSTN's own 9-year statistical report reveals a surprising concentration story — 80% of taxpayers are proprietorship contributing just 13% of revenue, while the top 0.1% pay over half of all cash tax

Chennai·8 min read
GST7 Sept 2026

What Is GST? A Plain-English Guide to India's Goods and Services Tax

GST explained simply — how CGST, SGST and IGST work, a worked example, where you're already paying it daily, and what's changed with GST 2.0.

Mohan·7 min read
Income Tax7 Sept 2026

ITAT Delhi Quashes Reopening Over ₹50 Lakh Threshold, Sustains Only Profit Addition on Unaccounted Purchases

ITAT Delhi rules that the ₹50 lakh threshold for reopening beyond three years is measured by embedded profit, not gross purchase value — quashing five years of reassessment while upholding profit-only additions elsewhere.

Mohan·6 min read
Income Tax7 Sept 2026

ITAT Deletes ₹2.06 Crore Section 68 Addition on Trade Creditors, Rejects Profit Estimation

ITAT Lucknow rules that accepted purchases carry their trade liability with them — a supplier not responding to a notice isn't grounds to treat a credit balance as unexplained cash under Section 68.

Mohan·5 min read
GST7 Sept 2026

57th GST Council Meeting Postponed to 7 October: ITC, Refunds and What to Watch

The 57th GST Council meeting, first scheduled for 12 September 2026, is now likely on 7 October in New Delhi after a clash with the BRICS Summit. An official notification is still awaited. Here’s the expected agenda on ITC, refunds and registration — and what businesses should do before the meeting.

Mohan·7 min read
GST6 Sept 2026

e-Way Bills Cross 139 Million in August — Third-Highest Month Ever, Festive Season Ahead

August e-way bill generation rose 7.7% YoY to 139.08 million, the third-highest month on record — a strong signal for GST collections as India heads into the festive season.

Mohan·6 min read
Income Tax6 Sept 2026

The 5% Rule That Decides If Your Tax Audit Limit Is ₹1 Crore or ₹10 Crore (AY 2026-27)

Most business owners don't know this number exists — but it decides whether your audit threshold is ₹1 crore or ₹10 crore. Here's the full Section 44AB breakdown for AY 2026-27.

Mohan·3 min read
GST5 Sept 2026

States Reject Single Nationwide GST Registration: Why the Reform Stalled & What Lies Ahead

State governments have turned down the Rajiv Gauba panel's recommendation for a single nationwide GST registration. Explore the core reasons behind the pushback, state revenue concerns, and upcoming compliance changes ahead of the 57th GST Council meeting.

Mohan·4 min read
GST5 Sept 2026

Madras HC: GST Authorities Can Block Electronic Credit Ledger to Recover Dues, Even If Recovery Is Stayed

Madras High Court rules that blocking an ITC ledger under Section 79 survives a stay on recovery proceedings, and upholds negative blocking entries as valid recovery action.

Mohan·5 min read
GST5 Sept 2026

Delhi High Court Reprimands Centre Over Fraudulent GST Registrations: Key Suggestions & How to Protect Your Identity

The Delhi HC expressed strong displeasure over unchecked GST registrations created using stolen PAN and Aadhaar details. Read our complete analysis of the legal proceedings, proposed solutions, and steps to protect your tax profile

Mohan·5 min read
Income Tax3 Sept 2026

GST Council to Discuss ITC Relief for Employer-Provided Group Health and Life Insurance Policies

The 57th GST Council meeting on September 12, 2026, is set to discuss key compliance reforms, including lifting Input Tax Credit (ITC) restrictions on group health insurance and easing blocked credits on employee-related expenses.

Mohan·4 min read
Income Tax3 Sept 2026

Supreme Court Stays Tripura HC Ruling Allowing ITC to Buyer Despite Supplier Tax Default

The Supreme Court has stayed the Tripura HC order reading down Section 16(2)(c) of the CGST Act, raising key compliance implications for bona fide buyers facing ITC disallowance due to supplier tax defaults.

Mohan·5 min read
Income Tax2 Sept 2026

GST Notices on the Rise: Key Issues, Common Mismatches and Major Compliance Areas Taxpayers Must Review

A comprehensive analysis of recent GST scrutiny notices covering turnover reconciliations, ITC mismatches, RCM defaults, and a 10-step immediate action checklist for taxpayers.

Mohan·5 min read
Income Tax2 Sept 2026

Multiple Bank Accounts Under GST Is Complete Disclosure Mandatory?

Learn whether Rule 10A under CGST mandates disclosing all your bank accounts or if updating a single valid account is legally sufficient to satisfy compliance and avoid GSTIN suspension.

Mohan·3 min read
Income Tax1 Sept 2026

GST Collections Jump 14.8% to ₹1.99 Lakh Crore in August — What It Means for the Economy

August GST collections rose 14.8% to a record ₹1.99 lakh crore, echoing the 7.8% Q1 GDP growth — but a weakening rupee may be inflating part of the import-tax surge.

Mohan·6 min read
Income Tax19 Aug 2026

CBDT Targets 394 Entities and 36 CAs: The Form 15CB Wake-Up Call

·3 min read
Income Tax18 Aug 2026

Income Tax Refund Status for AY 2026-27: How to Check Online

Learn how to track your Income Tax Refund Status for AY 2026-27, understand what "Refund Issued," "Adjusted," or "Failed" mean, and avoid common delays.

Mohan·6 min read
Income Tax18 Aug 2026

Tax on Stock Market Income in India: Complete Guide for FY 2025-26 (AY 2026-27)

A complete breakdown of capital gains tax rates on equity, mutual funds, intraday, F&O, and unlisted shares — plus the Section 112A grandfathering rule every long-term investor needs to know.

Mohan·3 min read
Income Tax3 Aug 2026

Unpacking India's E-Filing Pulse: Key ITR Statistics as of July 2026

Over 1.1 Crore income tax returns were e-filed by July 31, 2026. Explore our deep dive into FY vs. AY filing trends, regional top performers, and income band distributions.

Mohan·4 min read
Income Tax1 Aug 2026

Belated ITR Filing for AY 2026-27: Late Fee Under Section 234F Explained

Missed the ITR deadline? The late fee under Section 234F is ₹1,000 or ₹5,000 depending on your total income — and it applies even when your tax is nil. Here's exactly how it works for AY 2026-27.

Mohan·4 min read
Income Tax31 Jul 2026

Can Nominal Business Income Be Used to Claim a Later ITR Due Date? A Compliance Concern

Can a taxpayer report ₹100 or ₹1,000 as business or professional receipts merely to move from ITR-1/ITR-2 to ITR-3/ITR-4 and claim a later filing date? This article examines the legal position, compliance risks and possible safeguards.

Mohan·6 min read
Income Tax22 Jul 2026

Section 44AD for F&O Traders: Why Opting In to Avoid Audits Can Backfire

44AD looks like a way to skip audits — but the 5-year lock-in, notional-income trap in loss years, and the 44AD(4)/(5) audit trigger make it a risky pick for F&O traders. Here's the full picture before you opt in.

Mohan·6 min read
Income Tax22 Jul 2026

ITR Due Dates AY 2026-27: July 31 vs August 31 — Which Deadline Is Yours?

ITR-1 and ITR-2 are due 31 July 2026; ITR-3 and ITR-4 non-audit cases get till 31 August — a permanent change, not an extension. Here's what late filing costs you, including your loss carry-forward.

Mohan·5 min read
Income Tax17 Jul 2026

Old vs New Tax Regime: Which One Should You Choose for AY 2026-27?

Budget 2025 raised the new regime's tax-free limit to ₹12 lakh (₹12.75 lakh for salaried). But if your deductions under 80C, 80D, HRA, and home loan interest exceed ₹3.75-4 lakh, the old regime may still save more. Here's the full comparison.

Mohan·6 min read
GST17 Jul 2026

GST 2.0: New Slabs, Zero Insurance GST, and GSTR-3B ITC Hard Locking — What Changed in 2025-26

India's GST structure moved from four slabs to three (5%, 18%, 40%) from September 2025, insurance premiums became GST-free, and from July 2026, ITC in GSTR-3B is auto-locked to GSTR-2B. Here's what it all means for taxpayers and businesses.

Mohan·7 min read
Income Tax15 Jul 2026

Test

Test

test·3 min read
Income Tax10 Jul 2026

ITR-7 Excel Utility for AY 2026-27 Released: Validation Rules, Who Must File & Compliance Checklist

The Income Tax Department has released the ITR-7 Excel Utility and Validation Rules for AY 2026-27. Here's who must file, which defects block upload entirely, and how trusts should reconcile with Form 10B/10BB before filing.

Mohan·7 min read
Income Tax10 Jul 2026

CBDT Order 2026: Foreign Income to be Auto-Populated in AIS (Form No. 168)

CBDT has authorised automatic upload of AEOI foreign financial data into the Annual Information Statement (Form No. 168). Here's what gets auto-populated, why disclosure in Schedule FA is still your responsibility, and the penalties for omission.

Mohan·6 min read
ITR Filing8 Jul 2026

MCA Extends CCFS-2026 to 31 August 2026: Circular 03/2026 Gives Companies Six More Weeks at 10% Additional Fees

MCA General Circular 03/2026 dated 8 July 2026 extends the Companies Compliance Facilitation Scheme (CCFS-2026) from 15 July to 31 August 2026, following the data centre fire of 5 June. Full scheme benefits, eligibility, immunity rules and action plan inside.

Mohan·4 min read
Income Tax8 Jul 2026

TCS Return Due Dates for TY 2026-27: New Form 143 Replaces 27EQ — Revised Deadlines Explained

From TY 2026-27, quarterly TCS returns must be filed in new Form 143 (replacing Form 27EQ), with deadlines extended to the month-end after each quarter — first due date 31 July 2026. Deposit deadlines stay unchanged. Full calendar, late fees, and compliance checklist inside.

Mohan·6 min read
Income Tax8 Jul 2026

ITR-5 for AY 2026-27: Complete Checklist — Who Files, Due Dates, DSC Rule & Form 3CD Reconciliation

Filing ITR-5 for your firm, LLP, AOP or trust? This AY 2026-27 checklist covers eligibility, all four due dates, presumptive taxation, the mandatory DSC rule, loss carry-forward traps, and the Form 3CD-to-ITR reconciliation that prevents Section 143(1)(a) adjustments.

Mohan·8 min read
Income Tax8 Jul 2026

Rent Above ₹50,000 Per Month? TDS Rules Under Section 194-IB Explained (Forms 26QC, 16C & NRI Rules)

Paying rent above ₹50,000/month? You must deduct 2% TDS under Section 194-IB — no TAN needed. Learn the March deduction rule, Form 26QC & 16C deadlines, per-landlord threshold, NRI landlord rules, and how HRA claims are cross-verified.

Mohan·7 min read
Income Tax7 Jul 2026

Received RSUs or ESOPs? How to File Schedule FA (AY 2026-27) Without Triggering a Tax Notice

Getting company stock from a US tech giant or MNC is a massive win—until tax season hits. Here is your ultimate, zero-stress guide to filing Schedule FA for your RSUs and foreign shares.

Mohan·6 min read
Income Tax7 Jul 2026

Can Your Boss Lowkey Slash Your PF to ₹1,800? The EPF Scheme 2026 Reality Check

Think your company can unilaterally slash your PF contributions to the statutory minimum of ₹1,800? Under the new EPF Scheme 2026, it is not that simple.

Mohan·5 min read
GST1 Jul 2026

State-wise GST Settlement and Collection Breakup — June 2026

Full state/UT-wise breakup of GST settlement, SGST collections, and Centre vs State formation revenue for June 2026 — covering all 36 states and union territories.

Mohan·6 min read
GST1 Jul 2026

GST Collections for June 2026: Gross Revenue Grows 13.9%, Net Collections Cross ₹1.62 Lakh Crore

India's gross GST revenue for June 2026 stood at ₹1,94,812 crore, up 13.9% YoY, while net GST collections rose 11.2% to ₹1,62,377 crore — here's the full CGST, SGST, IGST and state-wise breakup.

Mohan·5 min read
Income Tax26 Jun 2026

Residential Status Under Income Tax Act, 1961 — Complete Guide [Section 6]

Your tax liability in India depends on your residential status — not your citizenship. Learn how ROR, RNOR, and NR are determined under Section 6, with rules for individuals, HUF, companies, and more.

·6 min read
GST26 Jun 2026

TNGST Virtual Personal Hearings: Complete Guidelines Under Circular No. 08/2026-TNGST

The Commissioner of Commercial Taxes, Tamil Nadu, has issued guidelines for conducting virtual personal hearings under the TNGST Act, 2017, effective 1 July 2026. Here's everything registered taxpayers and practitioners need to know.

Mohan·4 min read
Income Tax26 Jun 2026

ITR & Tax Compliance Due Dates for FY 2025–26 (AY 2026–27)

A complete compliance calendar covering all 6 statutory due dates for AY 2026-27 — from ITR filing to tax audit reports and transfer pricing obligations, with governing provisions for each.

Mohan·4 min read
Income Tax24 Jun 2026

TDS Return Due Dates for FY 2026–27 — Updated as Per IT Act 2025

Complete guide to quarterly filing deadlines, monthly challan deposit dates, new form numbers under IT Act 2025, and the full penalty matrix for FY 2026–27.

Mohan·5 min read
GST9 Jun 2026

Extension of E-Way Bill Timeline: Ship To GSTIN & Voluntary Closure — Effective 1st August 2026

GSTN has extended the mandatory implementation of "Ship To GSTIN" capture and Voluntary Closure of E-Way Bill functionality to 1st August 2026 (from 15th June 2026). Here's what taxpayers, GSPs, and ERP providers need to know and do before the deadline.

efiletax Team·3 min read
Income Tax27 May 2026

Income Tax Return Filing for FY 2025-26: Don’t File Your ITR Before Checking These six Critical Things

Filing your ITR early without checking AIS, 26AS, tax regime and bank disclosures may create notices later. Read these 6 critical checks before filing your FY 2025-26 return.

efiletax team·5 min read
Income Tax27 May 2026

STCG Tax Deductions FY 2026-27: Smart Ways to Reduce Short-Term Capital Gains Tax Legally

Learn how short-term capital gains are taxed in FY 2026-27, which deductions are allowed, and how investors can legally reduce STCG tax using loss set-off, holding-period planning and smart ITR filing strategies.

EFILETAX Team·8 min read
Income Tax27 May 2026

Buying Property from an NRI? TDS Rules Every Resident Buyer Must Know

Buying property from an NRI requires TDS under Section 195, not the regular 1% TDS rule. Here is a simple buyer-side explanation with a ₹2.40 crore example.

EFILETAX·3 min read
Income Tax25 May 2026

Form 29 Under Income-tax Rules, 2026: Key Compliance Guide for Amalgamated Companies

Learn the key compliance requirements of Form 29 under the Income-tax Rules, 2026, including production benchmarks, filing obligations, and tax benefits for amalgamated companies.

·2 min read
Income Tax23 May 2026

Mandatory ITR Filing Rules in India for FY 2025-26: Important Cases You Must Know

ITR filing is not only based on income limits. Learn the latest mandatory ITR filing rules for FY 2025-26, including foreign assets, bank deposits, TDS/TCS limits, foreign travel expenses, and business turnover conditions.

·2 min read
Income Tax22 May 2026

Finance Ministry Allows 7 Financial Entities to Use Aadhaar Authentication Under PMLA

The Ministry of Finance has authorised seven financial entities to use Aadhaar authentication under the PMLA framework to improve digital KYC, fraud prevention, and customer onboarding efficiency in India.

·2 min read
Income Tax21 May 2026

ITR Return Filing Due Dates for FY 2025-26 (AY 2026-27): Important Deadlines Every Taxpayer Should Know

Know the latest ITR filing due dates for FY 2025-26 (AY 2026-27), including deadlines for salaried individuals, businesses, companies, audit cases, and transfer pricing taxpayers along with key compliance updates.

·2 min read
GST20 May 2026

GSTN’s New Annexure-B Offline Utility for ITC Refunds: Key Changes Every Taxpayer Should Know

GSTN has introduced a new Annexure-B Offline Utility for ITC refund applications, replacing PDF-only uploads with Excel and JSON-based filing. Learn the latest rules, GSTR-2B validation process, reporting requirements, and how businesses can avoid refund delays.

·2 min read
Income Tax19 May 2026

Form 35 Under Income Tax Act, 2025: Key Compliance Guide for Offshore Banking Units

Learn about Form 35 under the Income Tax Act, 2025, including applicability, filing requirements, CA certification, and deduction claims for Offshore Banking Units (OBUs) and IFSC units.

·2 min read
Income Tax18 May 2026

Form No. 124: New Salary TDS Declaration Form Under the Income-tax Act, 2025

Learn about Form No. 124, the new salary TDS declaration form under the Income-tax Act, 2025, applicable from 1 April 2026. Understand its purpose, eligibility, documents required, and how employees can claim deductions and exemptions through employers.

·2 min read
Income Tax16 May 2026

Form 71 Under the Income-tax Act, 2025: A Simple and Updated Guide

Learn what Form 71 under the Income-tax Act, 2025 means, who must file it, due dates, audit requirements, and how it affects tax exemption claims for specified funds operating through offshore banking units.

·2 min read
Income Tax15 May 2026

ITR-1 & ITR-4 Excel Utilities Released for AY 2026-27: Online Filing Now Live

The Income Tax Department has released the ITR-1 and ITR-4 Excel utilities for AY 2026-27 on 15 May 2026. Eligible taxpayers can now start filing income tax returns online or through the offline Excel utility for FY 2025-26.

·2 min read
Income Tax14 May 2026

Income Tax Department Central Action Plan 2026–27: Key Changes for Taxpayers and Professionals

The Income Tax Department’s Central Action Plan 2026–27 focuses on faster grievance redressal, reduced litigation, technology-driven compliance, and improved taxpayer services under the upcoming Income-tax Act, 2025.

·2 min read
Income Tax13 May 2026

Form 65: Key Facts Every Patent Royalty Taxpayer Should Know

Learn how Form 65 works under the Income-tax Act, 2025, including eligibility conditions, concessional 10% tax benefits, filing requirements, and important compliance rules for patent royalty income.

·2 min read
GST12 May 2026

GST Refund Filing Update: Annexure-B JSON Upload Now Mandatory for ITC Refund Claims

The GST portal has introduced mandatory Annexure-B JSON upload for unutilized ITC refund claims filed through FORM GST RFD-01. Learn the latest compliance requirements, GSTR-2B reconciliation rules, and practical impact on taxpayers.

·1 min read
Income Tax8 May 2026

New Forms 56 to 60 Under the Income-tax Act, 2025

The Income-tax Act, 2025 introduces new Forms 56 to 60 for Master File and Country-by-Country Reporting compliance for multinational enterprise groups effective from 1 April 2026.

·2 min read
ITR Filing7 May 2026

Regulatory Challenges Faced by Nidhi Companies in India – Incorporation & NDH-4 Approval Delays

Nidhi Companies in India are facing delays in new incorporations and NDH-4 approvals, creating uncertainty in business continuity, deposits, lending, and compliance operations.

·3 min read
Income Tax7 May 2026

Form 41 for Non-Residents in India: DTAA Rules, Filing Process & 2026 Updates

Learn everything about Form 41 under the Income-tax Act, 2025, including DTAA benefits, filing requirements, TRC rules, PAN exemption, and online filing process for non-residents in India.

·1 min read
Income Tax6 May 2026

New Income Tax Rules for High-Value Transactions: SFT Reporting Explained

Learn how the SFT reporting framework helps the Income Tax Department track high-value financial transactions, improve tax transparency, and detect income mismatches through PAN, AIS, and ITR data.

·1 min read
Income Tax5 May 2026

GST Collections April 2026: Strong Growth with Import-Driven Surge

India’s GST collections for April 2026 reached ₹2.42 lakh crore, driven largely by strong import growth while domestic demand remained stable.

·3 min read
Income Tax4 May 2026

Form 164 Explained: Complete Compliance Guide Under Income-tax Act, 2025

A clear and updated guide to Form 164 covering applicability, reporting requirements, due dates, and compliance impact under the Income-tax Act, 2025.

·3 min read
Income Tax2 May 2026

Form 14 Under Income-tax Act 2025: Complete Guide to DSIR Approval & R&D Tax Deduction

A clear and updated guide to Form 14 under the Income-tax Act, 2025, explaining DSIR approval, compliance steps, and how companies can claim R&D tax deductions correctly.

·3 min read
Income Tax1 May 2026

Form No. 183 Under Section 49 – Complete Compliance Guide for Oil & Gas Assessees

A concise guide explaining Form No. 183, its applicability under Section 49, filing requirements, and key compliance rules for oil and gas businesses in India.

·2 min read
Income Tax30 Apr 2026

Income Tax Rules for Post Office Transactions in 2026: What You Must Know

Understand the latest verified Income Tax rules for post office transactions, including PAN requirements, forms, and reporting obligations. Stay compliant with accurate and updated information.

·3 min read
Income Tax29 Apr 2026

Form 185 Explained: New PF Reporting Rules Under Income-tax Rules 2025

Form 185 introduces a structured reporting system for recognised provident funds under the Income-tax Rules, 2025, improving transparency and tax compliance.

·3 min read
Income Tax28 Apr 2026

Aadhaar is Not Proof of Date of Birth: What You Need to Know in 2026

UIDAI has clarified that Aadhaar is not proof of date of birth. Learn which documents are valid for DOB and where Aadhaar cannot be used alone in 2026.

·3 min read
Income Tax28 Apr 2026

Patent Royalty Taxation in India (2026): 10% Tax Benefit Explained Clearly

Understand how patent royalty income is taxed in India under Section 115BBF, including eligibility, 10% tax benefits, and key compliance requirements.

·2 min read
Income Tax27 Apr 2026

Form 25 for Medical Professionals: Complete Compliance Guide for AY 2026–27

A simple and updated guide on Form 25 requirements for medical professionals, including applicability, daily maintenance, and compliance rules under Income-tax Rules, 2026.

·2 min read
Income Tax25 Apr 2026

Additional Employee Cost Deduction under Section 80JJAA – Complete and Updated Guide

Learn how businesses can claim a 30% tax deduction on additional employee cost under Section 80JJAA, along with eligibility conditions, compliance requirements, and key rules.

·2 min read
Income Tax24 Apr 2026

Form 101 Inventory Valuation Report (2026): Complete Guide with Key Rules and Insights

Learn everything about Form 101 under the Income-tax Rules, 2026, including its purpose, applicability, and how it impacts inventory valuation during tax assessments.

·2 min read
GST24 Apr 2026

GST IMS Offline Tool (2026): Smarter Bulk Invoice Management for Faster Compliance

Learn how the GST IMS Offline Tool helps businesses process invoices in bulk, improve ITC accuracy, and simplify compliance with offline Excel-based workflow.

·2 min read
Income Tax22 Apr 2026

Tax Audit Rules in India 2026: Latest Limits, Conditions & Key Insights

A clear and updated guide to tax audit applicability under Section 44AB, covering turnover limits, cash rules, and presumptive taxation for 2026.

·2 min read
Income Tax22 Apr 2026

Income Tax Clearance Certificate (ITCC) for Foreign Travel: Latest Rules Explained (2026)

Do you need an ITCC before travelling abroad? Here’s the latest 2026 update—who needs it, who doesn’t, and what the law actually says.

·2 min read
Income Tax21 Apr 2026

Form 163 (2026): Complete & Updated Compliance Guide for Indian Concerns

A concise and accurate guide to Form 163 under Income-tax Rules, 2026, covering applicability, timelines, filing process, and documentation requirements for Indian concerns.

·2 min read
Income Tax21 Apr 2026

Foreign Remittance Compliance (Form 145 & 146) – Complete 2026 Guide

Understand the updated foreign remittance compliance rules in India for 2026, including when Form 145 and Form 146 are required and how to avoid common mistakes.

·2 min read
Income Tax18 Apr 2026

Form 66 Explained: Latest and Accurate Guide Under Indian Income-tax Law (2026)

A complete and up-to-date guide on Form 66, its applicability under the Tonnage Tax Scheme, and how it differs from MAT reporting requirements.

·3 min read
GST17 Apr 2026

Big GST Update: Interest Re-Computation Enabled in GSTR-3B Table 5.1

GSTN has introduced a re-compute interest feature in GSTR-3B Table 5.1 to fix incorrect interest calculations for March 2026 filings. Taxpayers should review and update interest using the system-generated PDF.

·3 min read
GST16 Apr 2026

GST Portal Glitch: Missing Invoices in GSTR-2B Explained (April 2026 Update)

A recent GST portal glitch caused March 2026 invoices to go missing in GSTR-2B. Here’s what happened, who is affected, and what actions taxpayers should take.

·3 min read
Investments15 Apr 2026

NDH-3 Filing Reminder: Nidhi Companies Must File by 30 April 2026

The MCA has reminded all registered Nidhi companies to file Form NDH-3 for the half-year ended March 2026 by 30 April 2026. Timely filing is essential to avoid penalties, late fees, and regulatory scrutiny.

·3 min read
Income Tax15 Apr 2026

TRACES 2.0 Explained: Complete Guide to TDS/TCS Compliance (2026 Update)

A clear and practical guide to TRACES 2.0, covering its features, usage, and real impact on TDS/TCS compliance in 2026.

·3 min read
GST13 Apr 2026

GST Appeal Update 2026: Editable Pre-Deposit in APL-01 – A Game-Changing Relief for Taxpayers

GSTN has introduced a major update allowing editable pre-deposit in APL-01 from April 2026. Learn what has changed, what remains the same, and how to file appeals correctly.

·2 min read
Income Tax13 Apr 2026

Form No. 143 (TCS Return): Complete Practical Guide for 2026 with Latest Compliance Rules

Form No. 143 is the new TCS return under the Income-tax Act, 2025 effective from 1 April 2026. This guide explains applicability, filing rules, transition from Form 27EQ, and key compliance points.

·3 min read
Income Tax11 Apr 2026

e-Pay Tax Portal Update (April 2026): 7 Key Things Every Taxpayer Must Know

Understand the latest e-Pay Tax portal update (April 2026), including Income-tax Act 1961 vs 2025 selection, rules, and how to avoid filing mistakes.

·3 min read
Income Tax10 Apr 2026

Form FN-110 for NGOs – Real Position in 2026 (Important Reality Check)

Confused about Form FN-110 for NGOs? Here’s the correct and updated legal position as of April 2026 what is applicable and what is not.

·3 min read
Income Tax10 Apr 2026

TAN Application Update: What is Actually Correct (Latest 2026 Clarity)

Clear and accurate update on TAN application rules, confirming that Form 49B remains valid and no new forms or rules are officially implemented yet.

·3 min read
Income Tax9 Apr 2026

Form 32 Compliance Guide 2026: Complete & Critical Rules Every Business Must Know

A complete and updated guide on Form 32 under the Income-tax Act, 2025, covering eligibility, due dates, key sections, and compliance risks for FY 2026-27.

·2 min read
Income Tax9 Apr 2026

Non-Resident TDS (FY 2026–27): Complete Guide to Section 195, DTAA & Compliance

Understand Non-Resident TDS under Section 195 for FY 2026–27, including taxability rules, DTAA benefits, applicable rates, and compliance requirements.

·3 min read
Income Tax8 Apr 2026

Form 141 Explained: A Complete Guide to Simplifying TDS Compliance (2026 Update)

Form 141 is a new unified TDS filing system under the Income-tax Act, 2025 that simplifies compliance for individuals and HUFs by combining multiple forms into one.

·3 min read
Income Tax8 Apr 2026

Form No. 121: The New 15G & 15H — What Your Bank's Reminder Really Means

Banks are sending reminders about Form 15G and 15H — but the rules have changed. Under the new Income Tax Act 2025, both forms are now merged into Form No. 121. Here's everything you need to know.

Mohan·8 min read
GST8 Apr 2026

GST IMS Offline Utility Explained Simply (2026): A Complete Guide to Smarter ITC Reconciliation

A clear and updated guide to the GST IMS Offline Utility, explaining how it helps businesses manage invoice actions, improve ITC reconciliation, and reduce dependency on the GST portal.

·3 min read
Income Tax7 Apr 2026

Form 104 Explained: A Simpler & Faster NPO Registration Process in India (2026)

Form 104 is the new simplified provisional registration form for NPOs under the Income-tax Act, 2025. Learn eligibility, documents, process, and key updates effective from April 2026.

·3 min read
Income Tax7 Apr 2026

Understanding India’s New Income-tax Act, 2025: Key Changes from April 2026

A simple and clear overview of India’s Income-tax Act, 2025, highlighting key changes, implementation from April 2026, and its impact on taxpayers.

·3 min read
Income Tax6 Apr 2026

LLP vs Partnership Firm in India: Key Differences Explained (2026)

Understand the key differences between LLP and Partnership Firm in India, including liability, legal status, compliance, and which structure is best for your business in 2026.

·3 min read
Income Tax6 Apr 2026

Who Must File an Income Tax Return in India? Complete Guide for FY 2025-26

Not sure if you need to file an ITR this year? From basic exemption limits to high-value transaction triggers, this complete guide covers every scenario that makes ITR filing mandatory in India for FY 2025-26.

·13 min read
GST4 Apr 2026

Gross and Net GST revenue collections for the month of Mar, 2026

Mohan·3 min read
Savings4 Apr 2026

Public Provident Fund (PPF) 2026

A simple guide to PPF in 2026—understand benefits, tax savings, rules, and how ₹1.5 lakh yearly investment can grow into ₹66.58 lakh with compounding.

Mohan·3 min read
GST2 Apr 2026

Uploading is NOT Communication Under GST – Key High Court Ruling Explained

Uploading a notice on the GST portal is not considered valid communication. The Allahabad High Court ruled that the appeal limitation period starts only when the order is properly communicated to the taxpayer, ensuring protection of taxpayer rights and fairness in GST proceedings.

Mohan·3 min read
Income Tax2 Apr 2026

Senior Citizens (60 to 80 & 80+) – New Tax Rules from April 2026 You Must Know

New Income-tax Act rules from April 2026: higher ITR exemption limits, zero tax up to ₹12 lakh (new regime), no advance tax for many seniors, TDS relaxations, and extended deadlines for senior citizens.

Mohan Raj·3 min read
Income Tax2 Apr 2026

How to Save Income Tax Under Section 80C in 2026

To maximize your tax savings in 2026, you must opt for the Old Tax Regime to claim up to ₹1.5 Lakh in deductions under Section 80C through investments like ELSS and PPF, or existing expenses like tuition fees. You can further boost these savings with an additional ₹50,000 deduction by investing in the National Pension System (NPS) under Section 80CCD(1B).

Mohan·3 min read