Two depreciation regimes now sit on either side of one date. The Income-tax Act 2025 has been in force since 1 April 2026, yet the tax audit your finance team is closing this season, the…
The Income-tax Act 2025 replaced the Income-tax Act 1961 on April 1, 2026. For founders and finance leaders running cross-border transactions, the practical question this filing season is simple: when you file Form 3CEB in…
If your business is sitting on a GST first-appeal order from 2018, 2019, or 2022 that has gone nowhere, you have 66 days to make a decision. After June 30, 2026, that order is final.…
March 31 is the most consequential date on every Indian startup's compliance calendar. Miss a deadline, and you're looking at penalties, interest, and questions from investors during due diligence. This checklist covers the 10 most…
The Overhaul No One Can Afford to Ignore On April 1, 2026, the Income Tax Act, 2025 officially replaces the Income Tax Act, 1961. This is not a routine amendment. The Draft Income-tax Rules, 2026…
Two Deadlines, One Date, Zero Extensions March 31, 2026 marks the convergence of two critical regulatory deadlines that affect millions of Indian directors and tax deductors. Missing either one creates permanent compliance gaps with no…
With just 13 days remaining until March 31, 2026, every GST-registered business in India faces a critical compliance window. Missing any of these six actions could result in ITC losses, export disruptions, or penalty exposure.…
The Regulatory Shift: Crypto Is Now Officially on the Tax Radar For years, crypto-asset taxation in India existed in a grey zone. The 2022 introduction of Section 115BBH and TDS under Section 194S was the…
What is lower tax deduction certificate (TDS)? 1. Under Section 197 of the Income Tax Act, 1961 the assessee can apply for a lower rate of tax to be deducted at source / no tax…
Sec 54 of Income Tax Act - Date of possession of new property is to be considered in the case of constructed property: ITAT Mumbai Sunil Amritlal Shah & Rita Sunil Shah (ITA No.4069 &…
