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Articles and short updates on tax, GST, audit and company law.

28 Oct 2026
Updates
1 min read
Omission of Rule 96(10) of the CGST Rules to apply retrospectively, says CBIC
CBIC Circular No. 264/10/2026-GST, issued in October 2026, clarifies that the omission of Rule 96(10) of the CGST Rules, which restricted IGST refunds on…
28 Oct 2026
Updates
1 min read
CGST amendments under the Finance Act, 2026 to take effect from 1 November 2026
The Central Board of Indirect Taxes and Customs has notified 1 November 2026 as the date from which Sections 153 to 155 of the…
26 Oct 2026
Articles
6 min read
GSTR-9 and GSTR-9C for FY 2025-26: a practical checklist before 31 December 2026
GST annual returns for FY 2025-26 can be filed from 8 October 2026, with 31 December 2026 as the normal last date. Here is…
26 Oct 2026
Updates
1 min read
Revised Form 161 notified for seeking waiver of penalty under section 440
The CBDT has notified the Income-tax (Sixth Amendment) Rules, 2026 through Notification No. 134/2026 dated 8 October 2026. It substitutes Form 161, which is…
26 Oct 2026
Updates
1 min read
TDS on property bought from a non-resident: Forms 132 and 141 updated, TAN not needed for individual and HUF buyers
Through Notification No. 121/2026 dated 22 September 2026 (the Income-tax (Fifth Amendment) Rules, 2026), the CBDT has changed how resident individuals and HUFs report…
26 Oct 2026
Updates
1 min read
ITR due date for audit cases (AY 2026-27) extended to 21 November 2026
The Central Board of Direct Taxes (CBDT) has issued Circular No. 07/2026 dated 28 September 2026, extending the due date for filing income tax…