A practical guide for taxpayers before March 31, 2026, covering ITR-U filing, tax-saving investments, TDS/TCS compliance, GST reconciliation and year-end financial checks to ensure a smooth transition into AY 2026-27.
Updated cash transaction rules for FY 2026-27 under the Income Tax Act, 2025. Check new PAN limits, SFT reporting thresholds, TDS on withdrawals and UPI caps.
From April 1, 2026, banks will deduct 10% TDS on FD interest under new Section 393 if it exceeds Rs 50,000 (non-senior) or Rs 1 lakh (senior). Learn thresholds, examples and how to avoid TDS legally.
Tamil Nadu AAR rules that Battery Energy Storage Systems (BESS) qualify as support services under HSN 998631, attracting 18% GST. Exemption as "supply of electrical energy" denied; GST registration mandatory for operators.
30 March 2026
838 Views
GST on arbitration awards isn't straightforward. Taxability hinges on whether payments are consideration or compensation. AAR clarifies key distinctions and GST implications.
India revises share buyback taxation from April 1, 2026, shifting to capital gains and imposing a 12% surcharge only on promoters, ensuring fair tax treatment for minority shareholders.
Understand the difference between data collection and public data sharing under the Digital Personal Data Protection Act, 2023. Learn why consent, accountability, and ethical use remain critical, even when data is publicly available and the hidden risks businesses often overlook.
28 March 2026
442 Views
A reflective milestone marking the 150th article -exploring growth through discipline, simplicity and the power of living in the present with clarity, pure thoughts, and meaningful action.
GST wrongly levied on penal charges by banks/NBFCs in 2024 has created a Rs 1500 crore issue with no refunds yet. Explore audit implications, legal position, and key concerns for CAs and auditors for FY 2025-26.
For the first time ever, U.S. President Donald Trump's signature will appear on paper currency, ending a 165-year tradition. The new $100 bills, featuring Trump and Treasury Secretary Scott Bessent, are set to roll out in June.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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