Compliance Due Dates Calendar April 2026 Tax and GST Compliance Calendar for the April 2026 GST Due Dates 10 April 2026 GSTR-7 – Tax Deducted at Source Return under GST GSTR-8… Read More
Avoid Rejection: How to Conduct Proper Brand Verification Before Legal Protection Introduction Building a strong brand begins with selecting the right name, but legal protection actually starts much earlier than… Read More
When Banks Lose Your Property Documents in a loan case Background of the Case : Loan & Security Arrangement Manoj Madhusudhanan took a home loan of INR 1.86 crore from ICICI… Read More
Whether electricity qualifies as “goods” for applying TDS under Section 194Q. Is Electricity “Goods”? Electricity is not defined in the Income-tax Act. However, it is treated as goods under the… Read More
All about Chartered Accountant Certificate u/s 201(1)/Rule 31ACB - Form No. 149 (Earlier 26A) Section 201(1) of the Income Tax Act provides that a deductor who fails to deduct or… Read More
Applicability of TDS on Honorarium (Non-Resident Guest Lecturer) The Income Tax Act does not define “honorarium”; as per the general dictionary meaning, an honorarium is a small, voluntary payment made… Read More
In today’s evolving financial ecosystem, fraud risks are becoming increasingly sophisticated, particularly in areas involving government-sponsored schemes and dormant bank accounts. A recent advisory issued by the Fraud Risk Management… Read More
Compulsory disclosure of taxpayer Bank Balances in ITR‑4 CBDT has introduced a significant compliance requirement via Notification No. 45/2026 dated 30 March 2026. Earlier ITR fillings were required; only bank… Read More
CBDT Introduces New Procedure for PAN Correction In a parallel development under the new income tax framework, the Central Board of Direct Taxes has issued an important order prescribing a… Read More
Overview of China's Tax System vs. India's Tax System Overall Structure Framework India: Federal dual-tax model, Center + state powers, and Multi-layer compliance ecosystem China: Centralized unitary system, uniform enforcement,… Read More