MCA’s New DIR-3 KYC Cycle: Why Most Directors Won’t File Again Until 2028
From Annual to Once Every Three Years For years, every director holding a DIN had to file Form DIR-3 KYC annually, by 30 September. The Ministry of Corporate Affairs has…
GSTR-9C for FY 2025-26: Applicability, Due Date and What’s Changed
What Is GSTR-9C? GSTR-9C is the GST reconciliation statement that compares the figures reported in your annual return (GSTR-9) with your audited financial statements for the year. It highlights differences…
GST Invoice Management System (IMS): Why ‘Accept, Reject, Pending’ Now Decides Your ITC
What Is the Invoice Management System The Invoice Management System, or IMS, is a function on the GST portal that lets a recipient of goods or services Accept, Reject, or…
Taxation and Other Laws (Amendment) Bill, 2026 Becomes Law: What It Means for Businesses
What Just Happened The Taxation and Other Laws (Amendment) Bill, 2026 was introduced in the Lok Sabha on 4 August 2026, cleared the Rajya Sabha on 11 August 2026, and…
GSTR-9 Annual Return for FY 2025-26: The New GSTR-3B Blocking Rule You Can’t Ignore
What Is GSTR-9 and Who Must File It GSTR-9 is the annual GST return that consolidates the outward supplies, inward supplies, input tax credit, and tax paid reported across your…
Tax Audit Due Date 30 September 2026: What AY 2026-27 Taxpayers Must Do Now
What Is a Tax Audit and Who Needs One A tax audit under Section 44AB of the Income-tax Act applies to businesses and professionals whose turnover or gross receipts cross…
GSTN Launches e-Invoice Exemption Declaration Functionality: What Exempted Businesses Should Do
What GSTN Has Introduced The GST Network has rolled out a new e-Invoice Exemption Declaration functionality on the e-invoice portal (einvoice.gst.gov.in). It is aimed squarely at a specific group of…
ITR-3 and ITR-4 Due Date Is Now Permanently 31 August: What the Finance Act, 2026 Changed
A Permanent Change, Not a One-Time Extension If you file ITR-3 or ITR-4 and don't need a tax audit, mark your calendar: the Finance Act, 2026 has amended Section 139(1)…
GST AATO Amendment Window Has Closed: What Businesses Should Check During the 1-15 August Review
GSTN's window to amend Aggregate Annual Turnover (AATO) for FY 2025-26 closed on 31st July 2026. We're now in the tax officer review period running from 1-15 August 2026, during…
Missed the ITR Deadline? Here’s How to File a Belated Return for AY 2026-27
The due date for filing Income Tax Returns for non-audit taxpayers — 31st July 2026 — has now passed. If you haven't filed yet, don't panic. The law still gives…