Practical compliance guides

Income Tax · 9 min read

PAN & TAN Rules 2026: Application, Allotment & TDCA Number Under the New Income Tax Framework

PAN and TAN are the two foundational identifiers in India’s income tax system. Every taxpayer needs a PAN; every person deducting or collect...

CACA Sundaram Gupta · Mar 23

Income Tax · 12 min read

Spectrum Expenditure Deduction for Telecom Companies: Rule 41 of Income Tax Rules 2026 Explained

India’s telecom sector invests thousands of crores in spectrum auctions to acquire the right to use airwaves for mobile and broadband servic...

CACA Sundaram Gupta · Mar 23

Income Tax · 14 min read

Slump Sale Tax Rules 2026: Computation, FMV & Audit Report Requirements Under Section 50B

Your company is divesting a division, selling a manufacturing unit, or restructuring a loss-making vertical. Instead of selling each asset o...

CACA Sundaram Gupta · Mar 23

Income Tax · 12 min read

Significant Economic Presence (SEP) Rules 2026: ₹2 Crore & 3 Lakh User Thresholds for Non-Resident Taxation

If your business has digital customers in India, sells software or data to Indian entities, or provides online services to Indian users-even...

CACA Puja Pradhan · Mar 23

Income Tax · 13 min read

Section 35AD: 100% Deduction on Capital Expenditure for Specified Businesses - Complete Guide for FY 2026-27

You are setting up a cold chain facility, a 150-bed hospital, or a warehousing complex for agricultural produce. The capital expenditure run...

CACA Sundaram Gupta · Mar 23

Income Tax · 10 min read

Seafarer Tax Rules 2026: Period of Stay Computation for Ship Crew Under Rule 8 and Section 6(6)

For India’s estimated 240,000+ active seafarers and merchant navy professionals, one question dominates tax planning every year: how many da...

CACA Sundaram Gupta · Mar 23

Income Tax · 12 min read

Scientific Research Expenditure Deduction Rules 2026: Complete Guide to Rules 29-30 Under Section 45

If your company invests in research and development, the deductions available under the Income Tax Act can significantly reduce your tax lia...

CACA Sundaram Gupta · Mar 23

Income Tax · 11 min read

Safe Harbour Rules 2026: Eligible Transactions & Prescribed Margins Under the New Income Tax Act

If your company provides IT services, operates data centres, manufactures auto components, or advances intra-group loans to associated enter...

CACA Sundaram Gupta · Mar 23

Income Tax · 9 min read

Zero Coupon Bond Notification Rules 2026: Guidelines, Application & Tax Treatment Under Rule 7

Zero coupon bonds (ZCBs) are a cornerstone instrument for long-term infrastructure financing in India. Unlike regular bonds that pay periodi...

CACA Sundaram Gupta · Mar 23

Income Tax · 10 min read

Updated Return (ITR-U) Rules 2026: Who Can File, Additional Tax & Complete Procedure Under Section 263(6)

Every taxpayer makes mistakes-a missed rental income, an unreported capital gain, a forgotten bank interest, or simply not filing a return a...

CACA Sundaram Gupta · Mar 23

Income Tax · 12 min read

Transfer Pricing Rules 2026: Arm’s Length Price Methods & Documentation Under the New Income Tax Act

If your business transacts with associated enterprises-whether cross-border or within India-transfer pricing compliance is not optional. Wit...

CACA Sundaram Gupta · Mar 23

Income Tax · 12 min read

Tax Audit Report Under New Rules 2026: Forms & Requirements (Rule 47)

If your business or professional practice crosses prescribed turnover thresholds, getting a tax audit done by a Chartered Accountant is not...

CACA Sundaram Gupta · Mar 23