Secretarial Compliance Calendar_October 2024
Please note the Secretarial Compliances requirement for the month of October, 2024. Applicability: All Companies and LLPs....
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Please note the Secretarial Compliances requirement for the month of October, 2024. Applicability: All Companies and LLPs....
Continue readingWe wish to draw your kind attention to a significant amendment made to the Minimum Alternate Tax (MAT) provisions under the Finance Act, 2026, which may have a bearing on your company's tax position going forward. ...
Continue readingThis is to bring to your kind attention that the due date for payment of second instalment of advance tax for the Tax Year 2026-27 is 15th September 2026. Kindly take necessary actions to make the payment within the due date. For taxpayers opting for Presumptive Taxation Scheme under section 58, Table Sl. No. 1 and 3 of Income-tax Act, 2025 (corresponding to Sections 44AD & 44ADA of Income-tax Act, 1961) 100% advance tax need to be paid before 15th March 2027 (4th Quarter) and hence no requirement of making payment in instalments. Kindly let us know for any help or clarifications...
Continue readingThis is to bring to your kind attention that the due date for payment of second instalment of advance tax for the Tax Year 2026-27 is 15th September 2026. Kindly take necessary actions to make the payment within the due date. For taxpayers opting for Presumptive Taxation Scheme under section 58, Table Sl. No. 1 and 3 of Income-tax Act, 2025 (corresponding to Sections 44AD & 44ADA of Income-tax Act, 1961) 100% advance tax need to be paid before 15th March 2027 (4th Quarter) and hence no requirement of making payment in instalments. Kindly let us know for any help or clarifications...
Continue readingThis is to bring to your kind attention that the due date for payment of second instalment of advance tax for the Tax Year 2026-27 is 15th September 2026. Kindly take necessary actions to make the payment within the due date. For taxpayers opting for Presumptive Taxation Scheme under section 58, Table Sl. No. 1 and 3 of Income-tax Act, 2025 (corresponding to Sections 44AD & 44ADA of Income-tax Act, 1961) 100% advance tax need to be paid before 15th March 2027 (4th Quarter) and hence no requirement of making payment in instalments. Kindly let us know for any help or clarifications...
Continue readingThis is a gentle reminder to review and update your Import Export Code (IEC) details on the DGFT portal. As per DGFT requirements, Members of Trade are hereby informed that IECs not modified/updated as per Notification No. 58/2015-2020 dated 12.02.2021 shall be deactivated shortly. We request you to kindly complete the necessary IEC update at the earliest to avoid any disruption to your import/export activities. If you require assistance with the IEC update or verification process, please feel free to contact us. ...
Continue readingThe Ministry of Home Affairs, Government of India, vide Notification (bearing reference no. S.O. 3272(E)) dated 22 June 2026, has notified Foreign Contribution (Regulation) Amendment Rules, 2026 (‘Amendment Rules’), amending the Foreign Contribution (Regulation) Rules, 2011 (‘FCRA Rules’) and revising the regulatory framework under the Foreign Contribution (Regulation) Act, 2010 (‘FCRA’). The Amendment Rules introduce key changes to the registration, governance, compliance and reporting framework, including, inter alia, the formal definition of “key functionary”; purpose- and geography-specific registration; a prescribed Schedule of permissible activities; restrictions relating to foreign nationals as key functionaries; and enhanced activity-level and donor-level reporting requirements. The Amendment Rules...
Continue readingThis is to bring to your kind attention that the due date for payment of first instalment of advance tax for the Tax Year 2026-27 is 15th June 2026. Kindly take necessary actions to make the payment within the due date. For taxpayers opting for Presumptive Taxation Scheme under section 58, Table Sl. No. 1 and 3 of Income-tax Act, 2025 (corresponding to Sections 44AD & 44ADA of Income-tax Act, 1961) 100% advance tax need to be paid before 15th March 2027 (4th Quarter) and hence no requirement of making payment in instalments. ...
Continue readingThis is to bring to your kind attention that the due date for payment of first instalment of advance tax for the Tax Year 2026-27 is 15th June 2026. Kindly take necessary actions to make the payment within the due date. For taxpayers opting for Presumptive Taxation Scheme under section 58, Table Sl. No. 1 and 3 of Income-tax Act, 2025 (corresponding to Sections 44AD & 44ADA of Income-tax Act, 1961) 100% advance tax need to be paid before 15th March 2027 (4th Quarter) and hence no requirement of making payment in instalments. ...
Continue readingOne of the compliances to be made by a charitable organisation or an institution such as trust, research institutions, colleges, universities or other institutions is to file Form 10BD and issue a Form 10BE certificate to the Donor. CBDT issued a Notification no. 19/2021 dated 26th March 2021 prescribing a Form 10BD to be filed by institutions providing specific details of the donations made by the donors. After filing a statement of donations in Form 10BD, the institution has to download the certificate in Form 10BE certificate of donation and provide the same to the donors. The due date for...
Continue readingSection 285BA of the Income-tax Act, 1961 and Rule 114E requires specified reporting persons to furnish statement of financial transaction. Below is the list of the reportable transactions: • Receipt from any person of an amount aggregating to 10 lakh rupees or more in a financial year for acquiring bonds or debentures issued by the company or institution (other than the amount received on account of renewal of the bond or debenture issued by that company). • Receipt from any person of an amount aggregating to 10 lakh rupees or more in a financial year for acquiring shares (including share application money)...
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