-
ITR Forms Are Here: What Taxpayers Must Know Before Filing FY 2025–26 Returns
The Government’s notification of the Income Tax Return forms for Assessment Year 2026–27 is the formal starting point of the return filing season for income earned during Financial Year 2025–26.… Read more ⇢
-
Form 15G/15H (Old) Vs Form 121 (New)
1. What is this new update? CBDT has introduced a new compliance requirement through its Notification dated 28.03.2026 for declarations filed in Form 121. Now, wherever a payee gives a… Read more ⇢
-
ROC Compliance on Retirement of Managing Partner in LLP – Complete Guide with Formats
When a Managing Partner retires from an LLP, it is not just an internal decision. Proper documentation and ROC compliance under the Limited Liability Partnership Act, 2008 is mandatory. This… Read more ⇢
-
Major Renumbering of Income Tax & TDS Forms Under Draft IT Rules 2026 – Old vs New Form Numbers
The Draft Income-tax Rules, 2026 propose a significant restructuring and renumbering of several compliance forms. The objective is to consolidate, standardise, and modernise the compliance framework. Unlike ITR forms (ITR-1… Read more ⇢
-
MCA Launches CCFS-2026: Major Compliance Relief for Companies
The Ministry of Corporate Affairs (MCA) has introduced the Company Compliance Fresh Start Scheme, 2026 (CCFS-2026) through General Circular No. 01/2026 dated 24 February 2026. This scheme provides a limited-time… Read more ⇢
-
ITR Deadline Changes from the New Budget – What Taxpayers Must Know
The Union Budget 2026–27 has introduced important changes in Income Tax Return (ITR) filing deadlines. These amendments aim to streamline compliance, reduce last-minute portal congestion, and provide additional flexibility to… Read more ⇢
-
Can a Chartered Accountant Represent Before a Tribunal? – Legal Position and Recent Case Update
Representation before tax and other tribunals is a key aspect of professional practice. A frequently debated question among tax professionals and litigants is: Can a Chartered Accountant (CA) represent a… Read more ⇢
-
Trust Registration After Provisional Registration – The 6 Months Rule Is Widely Misunderstood
Many charitable and religious trusts are making a serious mistake while applying for regular registration after obtaining provisional registration under Section 12AB of the Income Tax Act. Most professionals and… Read more ⇢
-
ICAI Introduces UDIN Limit for Tax Audits from 1 April 2026 – 60 Audits Per CA Cap
In a significant regulatory move, the Institute of Chartered Accountants of India (ICAI) has decided to introduce a ceiling on the number of Unique Document Identification Numbers (UDINs) that can… Read more ⇢
-
Tax Paid Under Wrong Head? Demand Raised? How to Set Off Through Demand Response on Income Tax Portal
Sometimes taxpayers pay tax under one head (for example Self Assessment Tax) instead of Advance Tax or Regular Assessment Tax. Because of this mismatch, the Income Tax Department raises a… Read more ⇢
-
Subscribe
Subscribed
Already have a WordPress.com account? Log in now.
Stox N Tax 