Insights
Notes on changes in tax and law, newest first. Each is dated and says when it was last checked against the law.
Explainer
The Income-tax Act, 2025: what the "tax year" changes for you
The new Act has applied from 1 April 2026. The words and section numbers change more than the tax you pay. A short guide to what to look for.
CA Meher Kapoor
Checklist
Tax audit: what to have ready before 30 September
If your business's turnover crosses the limit, its accounts need a tax audit. The audit goes faster when these are ready in August.
CA Rajat Bhalla
Note
A GST notice before the notice: reading a DRC-01A
An intimation in Form DRC-01A comes before a formal show-cause notice. A considered reply at this stage can end the matter.
CA Harleen Sodhi
Explainer
Advance tax: four dates, and who must pay
If your tax for the year will be more than the threshold after TDS, you pay it in four instalments. Missing one means interest.
CA Meher Kapoor