GST Blocking Rule (New): Effective Jan 1, 2026, GSTR-3B filing will be automatically blocked if your Bank Account details are not validated on the portal. Update immediately to avoid business stoppage.

Income Tax Deadline: Due date for filing Quarterly TDS Returns (Q3) for Oct-Dec 2025 is 31st January 2026. Ensure data is ready to avoid late fees.

Strict GST Time Limits: The GST Portal now permanently restricts filing returns older than 3 years. Old pending returns can no longer be filed; ITC is permanently lost.

ITR Update : The window for Belated/Revised ITRs for AY 2025-26 closed on Dec 31st. The only option now is ITR-U (Updated Return) with additional tax.

New Valuation Rule (Feb 2026): W.e.f Feb 1, 2026, new RSP-based valuation rules apply for Pan Masala & Tobacco products (Notification No. 20/2025). Contact us for impact analysis.

Budget 2026 Watch: Union Budget to be presented on Feb 1, 2026. Watch this space for our detailed analysis on the New Income Tax Act, 2025 provisions.

Compliance Alert: Monthly GSTR-1 is due on 11th Jan and GSTR-3B on 20th Jan. Late filing now attracts auto-calculated interest and penalties.

MSME Payment Alert (Sec 43B(h)): Critical year-end reminder. Any payments to Micro & Small Enterprises pending beyond 45 days as of March 31, 2026, will be disallowed as business expenditure. Start clearing dues now to save tax.

Company Filing Extension: Good news for Corporates—the due date for filing AOC-4 and MGT-7 for FY 2024-25 has been extended to 31st January 2026. File now to avoid late fees

Foreign Remittance (TCS Warning): Planning overseas travel or investment? Note that 20% TCS applies on remittances under LRS exceeding Rs. 10 Lakhs (except for education/medical). Consult us for tax-efficient planning before March 31st.