Circular No. – 826 Date 05.10.2026 Subject: Regarding online submission of Statement of Accounts (Audit Reports) under Section 34 of […]

1. Ground Intelligence and Network Crackdown The Income Tax Department has initiated a comprehensive, nationwide crackdown on a network involved

Owning assets abroad can sometimes feel like a compliance tightrope. Between complex schedules, exchange rates, and the steep penalties of

India’s MSME sector employs over 40 crore people. It is, quite literally, the country’s economic backbone With the passage of

The statutory limits of tax reassessments have long been a battleground in Indian tax jurisprudence. In a highly anticipated ruling,

When a loved one passes away “intestate”—meaning without leaving a will—transferring their movable and immovable assets can quickly become problematic

Under Section 159 of the Income-tax Act, 1961, the legal representative of a deceased person is held liable to pay

On July 20, 2026, the state government published the Indian Partnership (Maharashtra Amendment) Act, 2026. Essentially, they have completely overhauled

The Income Tax Department has rolled out an important update to help taxpayers track their global finances. As part of

The e-filing portal for GSTAT appeals has been fully functional since September 2025, and the deadline for filing under Section