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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
CBDT Targets 394 Entities and 36 CAs: The Form 15CB Wake-Up Call
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.
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.
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.
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.
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.
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.
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.
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.
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.
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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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Gross and Net GST revenue collections for the month of Mar, 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.
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.
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.
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).