Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) are vital components of the Indian tax framework, designed to enable advance tax collection and improve compliance. Every year, […]
TDS and TCS Rates Chart for A.Y 2026-27 (F.Y 2025 – 26) Read More »
The Central Board of Direct Taxes has notified the Cost Inflation Index (CII) as “376” Financial Year 2025-26 on 1st July 2025 vide notification no. 70/2025. What is CII? Cost
Cost Inflation Index (CII) for F.Y 2025-26 notified Read More »
The ICAI CA Results 2025 for May cycle (Final, Intermediate, Foundation) are out! Check your results at icai.nic.in, explore toppers’ highlights, and get tips for your CA journey.
A complete guide on the TDS return filing process and everything incidental thereto.
TDS Return Filing in India: The Only Guide You’ll Ever Need Read More »
Introduction Accounting Standards (AS) plays a vital role in ensuring comparability, consistency and transparency in preparation and presentation of Financial Statements. Accounting Standards applicable to companies have already been issues
Applicability of Accounting Standards to Non-Corporate Entities Read More »
Compliance Calendar July 2025 compiles the compliances for the month of July 2025 as per Income Tax, GST , PF and ESI. Compliances as per Income Tax Act Due Date
Compliance Calendar July 2025 Read More »
Introduction The Goods and Services Tax Network (GSTN) has issued a crucial reminder for all registered taxpayers: Do not delay your GST return filings any further. Starting August 1, 2025,
GST Return Filing Alert: File Pending Returns Before 3-Year Deadline Ends! Read More »
Introduction As GST compliance continues to evolve, taxpayers and finance professionals must prepare for a wave of significant changes taking effect from July 2025. These new updates, recently introduced by
Major GST Return Filing Rule Changes from July 2025: What Taxpayers Must Know Read More »
Introduction Every assessee who commits a default under the Income Tax Act is liable to face penalties as prescribed under various provisions. Depending on the nature and severity of the
Penalties Leviable under Income Tax Act,1961 Read More »
CBDT relaxes the time limit for processing valid income tax returns filed with condonation u/s 119(2)(b). Refunds can now be processed by 31st March 2026.
CBDT Circular No. 07/2025: Time Limit Relaxation for Processing Condoned ITRs Read More »
