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All (11) Company Law (1) GST (1) Income Tax (7) International Taxation (1) TDS/TCS (1)

Income Tax ★ Featured

Income Tax Department Launches Foreign Assets Information (FAI) Report on Compliance Portal — Here's What It Means for You

By SABBANA AND ASSOCIATES 21 Jul 2026 7 min read

The Income Tax Department has just made the foreign financial data it already holds about you — bank accounts, investments, dividends abroad — visible to you directly on the AIS Compliance Portal. If...

#Foreign Assets Information Report FAI #AIS Compliance Portal Income Tax #CBDT FAI Report July 2026 #Foreign Assets Disclosure India #FAST-DS 2026 #Schedule FA ITR #Schedule FSI Foreign Income #AEOI Automatic Exchange of Information #CRS FATCA India #Income Tax Portal Foreign Assets #NRI Foreign Bank Account India Tax #ESOP RSU Foreign Asset Disclosure #Black Money Act Penalties #International Tax Compliance India #AY 2026-27 ITR Filing #July 31 ITR Deadline #Undisclosed Foreign Assets

Income Tax

SIP Investor? Here's What Your Mutual Fund Redemptions Actually Cost You in Tax This ITR Season

By SABBANA AND ASSOCIATES 16 Jul 2026 8 min read

With over 21 crore active SIP accounts, millions of mutual fund investors are about to file returns without fully understanding what they owe. Here's everything you need to know about LTCG, STCG, debt...

#Mutual Fund Capital Gains Tax 2026 #SIP Taxation India #LTCG Tax 12.5 Percent #STCG Tax 20 Percent #Section 112A #Section 111A #Equity Mutual Fund Tax #Debt Mutual Fund Section 50AA #ITR Filing July 2026 #Schedule CG ITR-2 #SIP FIFO Method Tax #Section 87A Rebate Trap #ELSS Tax Benefit #Capital Gains AY 2026-27 #Tax Loss Harvesting #Finance Act 2024 Capital Gains #ITR-2 Mutual Fund #Mutual Fund Dividend Tax #CAMS KFintech Capital Gains Statement #July 31 ITR Deadline

International Taxation

FAST-DS 2026: The One-Time Foreign Asset Disclosure Window You Cannot Afford to Miss

By FCA HARSHA SABBANA, DISA SIA 10 Jul 2026 6 min read

If you hold foreign assets, overseas bank accounts, ESOPs, or RSUs and haven't reported them fully in your ITR, FAST-DS 2026 is a once-in-a-lifetime chance to come clean — at a fraction of what the Bl...

#FAST-DS 2026 #Foreign Asset Disclosure Scheme 2026 #Foreign Assets of Small Taxpayers #Black Money Act #Schedule FA ITR #ESOP RSU Foreign Disclosure #NRI Tax Compliance 2026 #Undisclosed Foreign Assets India #Finance Bill 2026 #Black Money Act Immunity #CRS FATCA India #Foreign Bank Account India Tax #Category A Category B FAST-DS #Income Tax Act 2025 #ITR-2 Schedule FA #Budget 2026 Tax Scheme #Returning NRI Compliance #Foreign Asset Amnesty India

Company Law

MCA Extends Companies Compliance Facilitation Scheme (CCFS-2026) Till 31st August 2026 — Last Chance for Defaulting Companies

By CA HARSHA SABBANA (FCA DISA SIA) 09 Jul 2026 5 min read

MCA has extended CCFS-2026 to 31 August 2026 via General Circular No. 03/2026. Companies with pending ROC filings can now clear backlogs at just 10% of additional fees.

#CCFS-2026 #MCA Compliance Scheme #Companies Compliance Facilitation Scheme 2026 #MCA Extension August 2026 #ROC Filing Deadline #AOC-4 Filing #MGT-7 Annual Return #Companies Act 2013 #MCA General Circular 03/2026 #Pending ROC Filings #Director Disqualification #Company Compliance India #Registrar of Companies #MCA Amnesty Scheme #Section 403 Companies Act #Dormant Company #Strike-Off Company

Income Tax

Why the Income Tax Department Already Knows More About Your Income Than You Think

By FCA Harsha Sabbana DISA, SIA 04 Jul 2026 5 min read

Before you file your ITR this year, know this: the Income Tax Department isn't waiting for you to tell them what you earned. They already have your bank interest, your stock gains, your property sale,...

#AIS #IncomeTax #ITRFiling #CA #TaxCompliance

TDS/TCS

New TDS Forms Are Mandatory from This Quarter — Is Your Business Ready?

By SABBANA AND ASSOCIATES 04 Jul 2026 4 min read

If your business deducts TDS on salaries or payments, something important changed this quarter that most business owners don't know yet. The old Form 24Q and Form 26Q are gone — and if your software h...

#TDS #IncomeTaxAct2025 #July31 #TDSCompliance #CA

Income Tax ★ Featured

July 31 Is 29 Days Away — A Quick Checklist Before You File Your ITR for FY 2025-26

By SABBANA AND ASSOCIATES 02 Jul 2026 4 min read

The ITR filing deadline for salaried individuals is July 31, 2026 — and it's closer than it feels. Before you rush to file, here's a quick checklist of what to have ready, what to double-check, and wh...

#ITRFILING #JULY31DEADLINE #INCOMETAX #CA

Income Tax ★ Featured

Working Abroad but Still an Indian Resident? Your Global Income May Be Taxable Here

By Harsha Sabbana ( FCA DISA SIA ) 01 Jul 2026 4 min read

Spending months working overseas doesn't automatically make you an NRI. If India still considers you a tax resident, every rupee — and every dollar, dirham, or pound — you earned globally could be tax...

#NRI #ITR #RESIDENTIALSTATUS #ROR #RNOR #TAXFILING #INDIANTAX

Income Tax

Do You Really Need a CA, or Can You File ITR Yourself? An Honest Answer

By CA Harsha Sabbana (FCA DISA SIA) 30 Jun 2026 2 min read

Can you file your own ITR? Sometimes. Should you? Here's an honest answer — and the signs that say it's time to call a professional...

#ITR #INCOMETAXFILING #ITR1 #ITR2 #ITR3 #ITR4 #ITR5 #ITR6 #ITR7 #RETURN #CA

Income Tax

Got RSUs, ESOPs, or ESPPs from Your Foreign Parent Company? Here's Why Your ITR Isn't as Simple as You Think

By CA Harsha Sabbana 30 Jun 2026 3 min read

If your MNC employer gave you stock options or RSUs, your "simple" salaried tax return may not be so simple after all. Here's an honest look at what changes — and what most people miss.

#ITR #INCOMETAX #RSU #ESOP #ESPP #OPTIONS

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