Tax Solutions Place

20/04/2026

“Year End + GST Portal = System Error 💥”

17/04/2026

The GSTN issued detailed Advisory 657 dated April 16, 2026 for taxpayers wherein the system-calculated interest for the February 2026 period which has been wrongly calculated and auto-populated in the March 2026 GSTR-3B. The advisory elaborates the process that needs to be followed by taxpayer for correct calculation of the interest.

As a facilitation measure for taxpayers and assisting the taxpayers in doing a correct self-assessment, GST Portal auto-calculates interest on delayed filing of GSTR-3B based on the tax liability discharged and tax liability breakup provided in “Tax Liability Breakup, As Applicable” table.

This system computed interest is auto-populated and collected in the Table-5.1 of the subsequent period GSTR-3B. The facility is similar to the collection of late fees for GSTR-3B, which is also calculated after filing of GSTR-3B and collected in subsequent GSTR-3B period.

The Advisory can be accessed at: https://www.gst.gov.in/newsandupdates/read/657

09/02/2026

Goods and Services Tax Network (GSTN) has enabled the filing of Letter of Undertaking (LUT) for the Financial Year 2026–27 on the GST Portal. Taxpayers eligible to furnish LUT for making zero-rated supplies without payment of integrated tax can now submit Form GST RFD-11 for the upcoming financial year.

𝐓𝐨 𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞:-👆👆

!! 𝐅𝐨𝐫 𝐫𝐞𝐚𝐥 𝐭𝐢𝐦𝐞 𝐆𝐒𝐓 𝐮𝐩𝐝𝐚𝐭𝐞𝐬, 𝐋𝐚𝐭𝐞𝐬𝐭 𝐉𝐮𝐝𝐠𝐦𝐞𝐧𝐭, 𝐀𝐫𝐭𝐢𝐜𝐥𝐞𝐬, 𝐍𝐞𝐰𝐬 𝐚𝐧𝐝 𝐦𝐚𝐧𝐲 𝐦𝐨𝐫𝐞 𝐥𝐢𝐤𝐞, 𝐬𝐡𝐚𝐫𝐞 & 𝐬𝐭𝐚𝐲 𝐜𝐨𝐧𝐧𝐞𝐜𝐭

08/02/2026

Kind Attention Taxpayers!

With the Income Tax-act, 2025 set to come into force from 1st April 2026, the Draft Income-tax Rules & Forms, 2026 have been framed and placed in the public domain for feedback/comments from public and stakeholders.

👉 Comments from stakeholders and public are invited to make the rule-making process more participative and effective.

👉 For ease of reference, navigators mapping existing Rules/Forms with draft versions have shared.

10/01/2026

🚨 GST Alert: Are You Blocked from Filing GSTR-1? 🚨

Many taxpayers registered under the Simplified Rule 14A are facing a "Summary Generation Error" this month. If your B2B tax liability has crossed ₹2.5 Lakh, the portal will block your return until you transition to a regular registration.

*1. Why is this happening? (The Rule 14A Cap)*

• What is Rule 14A? It is an optional, fast-track registration for small businesses.

• The Restriction: To stay in this category, your Net Tax Liability on B2B supplies must not exceed ₹2.5 Lakh per month.

• The Trigger: As soon as your reported invoices exceed this ₹2.5 Lakh tax limit, the system prevents GSTR-1 summary generation to enforce compliance.

*2. How to Fix It The Withdrawal Process*

To report supplies without restriction, you must Withdraw from the Optional Category using Form GST REG-32.

*Pre-conditions for Withdrawal (as of April 2026):*

• ✅ Minimum Filing: You must have filed returns for at least one tax period (since it is now after April 1, 2026).

• ✅ Clean Slate: No pending amendment or cancellation applications should be active on the portal.

• ✅ Return Compliance: All returns due from your registration date up to the withdrawal date must be filed.

*3. Step-by-Step Resolution*

*1. File Pending Returns:* Ensure all GSTR-1/3B for previous months are filed.

*2. Navigate to REG-32:* Go to Services > Registration > Application for Withdrawal from Rule 14A.

*3. Authentication:* Complete the application using Aadhaar Authentication (OTP-based).

*4. Wait for REG-33:* Once approved (Form GST REG-33), you will be converted to a "Normal Taxpayer".

*5. Resume GSTR-1:* You can then generate your GSTR-1 summary without the ₹2.5 Lakh restriction.

03/01/2026

30/12/2025

MCA Update
30th Dec, 2025

Relaxation of additional fees and extension of time for filing of Financial Statements and Annual Returns under the Companies Act, 2013 | 31st January, 2026

10/12/2025

📢 *New ITR Forms Coming Before FY28*

The government has confirmed that new ITR forms under the Income Tax Act, 2025 will be notified well before FY 2027-28.

⟢ *Why new forms?*
The IT Act, 2025 (effective 1 April 2026) replaces the old 1961 Act to simplify tax laws, cut legal jargon, and make compliance smoother.

⟢ *What’s changing?*
- All ITR forms + TDS quarterly return forms are being redesigned.
- A CBDT committee is taking inputs from tax experts, institutions, and field officers.
- New forms will reflect amendments introduced in Budget 2026.

⟢ *Timeline clarity*
- For FY 2025-26 (AY 2026-27): Old 1961-Act ITR forms will continue.
- For the first year under the new Act (2026-27): Revised ITR forms will be notified before FY28.

⟢ *What to expect?*
- More streamlined, user-friendly forms
- Reduction in complexity and errors
- Better processing efficiency for the department
- Smoother filing experience, especially for individuals

01/12/2025

भारत में घर किराए पर लेने वालों के लिए बड़ा अपडेट - नया किराया समझौता अधिनियम 2025 सब कुछ बदल देगा।

अगर आप किरायेदार हैं या मकान मालिक, तो ये नियम आपके दैनिक जीवन को प्रभावित करेंगे:

• आपका किराया समझौता ऑनलाइन और डिजिटल रूप से मुहरबंद होना चाहिए, और 60 दिनों के भीतर दाखिल किया जाना चाहिए। अब अस्पष्ट कागजी अनुबंध नहीं होंगे।
• सुरक्षा जमा राशि की सीमा - घरों के लिए अधिकतम 2 महीने का किराया, व्यावसायिक स्थानों के लिए 6 महीने का किराया।
• किराया वृद्धि केवल 12 महीने बाद, और केवल 90 दिनों के लिखित नोटिस के साथ।
• यदि आप बड़ी मरम्मत के बारे में शिकायत करते हैं, तो मकान मालिक को उन्हें 30 दिनों के भीतर ठीक करना होगा, अन्यथा आप किराए से लागत समायोजित कर सकते हैं।
• मकान मालिक अचानक "आगे" नहीं आ सकते - 24 घंटे का लिखित नोटिस अनिवार्य है।
• बेदखली के लिए किराया न्यायाधिकरण से कानूनी आदेश आवश्यक है - जबरन बेदखली नहीं, पानी/बिजली नहीं काटी जाएगी, कोई धमकी नहीं।
• किरायेदार के आने से पहले पुलिस सत्यापन अनिवार्य है।
• विवादों और बेदखली के मामलों का निपटारा न्यायाधिकरण द्वारा 60 दिनों के भीतर किया जाना चाहिए।

सरल शब्दों में:
यह अधिनियम मकान मालिकों के लिए पारदर्शिता, किरायेदारों की सुरक्षा और अंततः भारत के "मौखिक किराया समझौतों" के युग का अंत करता है।

यदि आप किराए पर रहते हैं या किराए पर रहने की योजना बना रहे हैं - तो यह एक ऐसा अपडेट है जिसे आप मिस नहीं कर सकते। 🏠✨

22/11/2025

The Indian government has implemented the Four Labour Codes today:

1. Code on Wages (2019)

2. Industrial Relations Code (2020)

3. Code on Social Security (2020)

4. Occupational Safety, Health and Working Conditions Code (2020).

The implementation is effective on 21 November 2025.