Practical compliance guides

TDS & Compliance Returns · 11 min read

TCS Rate Changes from April 2026: Overseas Travel, LRS Education and Liquor

Booking a foreign holiday used to mean an immediate 20% TCS hit on anything above Rs 10 lakh. Sending money abroad for your child’s universi...

CACA Sundaram Gupta · Apr 6

Income Tax · 12 min read

Capital Asset Holding Period Rules 2026: Complete Table Under Rule 6

Getting the holding period right is the first step in capital gains tax calculation. Classify the asset wrong - short-term when it should be...

CACA Sundaram Gupta · Apr 6

Income Tax · 11 min read

Crypto and VDA Taxation Under Income Tax Act 2025: What the New Rules Say

The Income Tax Act, 2025 - effective from 01 April 2026 - carries forward India’s strict crypto taxation framework with important updates. T...

CACA Sundaram Gupta · Apr 6

Income Tax · 12 min read

MAT Reduced to 14% from April 2026: What Companies Need to Know

For over two decades, MAT credit was a core tax planning tool for Indian companies. You paid the higher MAT today, carried forward the credi...

CACA Sundaram Gupta · Apr 6

Income Tax · 11 min read

Dividend Interest Deduction Removed from April 2026: Impact on Leveraged Investors

If you borrowed money to invest in dividend-paying stocks or mutual funds, your tax calculation just got more expensive. The Finance Act 202...

CACA Sundaram Gupta · Apr 6

Income Tax · 11 min read

STT Hike 2026: How New Securities Transaction Tax Rates Hit F&O Traders

On 01 February 2026, Finance Minister Nirmala Sitharaman announced the sharpest increase in Securities Transaction Tax on derivatives in two...

CACA Sundaram Gupta · Apr 6

Income Tax · 9 min read

Revised Return Deadline Extended to 12 Months: What This Means for ITR Filers

You filed your ITR on time, then discovered a missed deduction or an incorrect entry. Under the old rules, your window to fix this closed on...

CACA Sundaram Gupta · Apr 6

GSTAT & GST Litigation · 10 min read

GSTAT Adjournments: How the 3-Adjournment Rule Works and What Happens When You Exhaust Them

Under the erstwhile CESTAT, adjournment culture was endemic - cases dragged on for years with repeated deferrals. GSTAT was designed to end...

CACA Sundaram Gupta · Apr 6

GSTAT & GST Litigation · 11 min read

GSTAT Cause List: How Your Case Gets Listed and What to Do When It’s Missing

You filed your GSTAT appeal, paid the pre-deposit, uploaded all documents - and then nothing. No hearing date. No SMS. Your case does not ap...

CACA Sundaram Gupta · Apr 6

GSTAT & GST Litigation · 11 min read

GSTAT Powers Explained: When the Tribunal Can Confirm, Modify, Annul or Remand

The GST Appellate Tribunal (GSTAT) started hearing cases on 16 February 2026. For the first time in the GST era, taxpayers have a dedicated...

CACA Sundaram Gupta · Apr 6

TDS & Compliance Returns · 10 min read

SFT Reporting Changes 2026: New Transactions Added and Thresholds Revised

Even if you never hear the term “SFT”, it directly affects you. Every time you deposit more than Rs 10 lakh in cash, buy property above Rs 3...

CACA Sundaram Gupta · Apr 6

Income Tax · 10 min read

Armed Forces Pension Tax Exemption Narrowed: Only Disability Discharge Cases Qualify

The Income Tax Act, 2025 - replacing the 1961 Act from 01 April 2026 - brought a century-old exemption to the edge of expiry. The disability...

CACA Sundaram Gupta · Apr 6