Blog

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

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