Important Income Tax, GST, TDS/TCS and compliance updates with key dates. Updated 5 Oct 2026.
For the taxpayer category covered by CBDT Circular No. 07/2026, the ITR due date moves from 31 Oct 2026 to 21 Nov 2026. The corresponding audit-report date moves from 30 Sep 2026 to 21 Oct 2026.
Income Tax Department ↗New income-tax challans are live on the e-Filing portal. Payments for Tax Year 2026-27 onward use the new Act, while earlier periods continue under the Income-tax Act, 1961 as applicable.
Official latest news ↗Online and offline utilities for ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6 and ITR-7 for AY 2026-27 are available on the Income Tax portal.
Verify on e-Filing ↗Correction statements for Tax Year 2026-27 have been enabled on the Income Tax e-Filing system. Reconcile deductions, challans and reporting before filing corrections.
Income Tax Department ↗GSTR-1 is generally due by the 11th for monthly filers and 13th for quarterly filers. Monthly GSTR-3B is generally due by the 20th; QRMP quarterly GSTR-3B dates depend on the state group, commonly 22nd/24th.
GST Portal ↗GSTR-1A is an optional amendment facility available after GSTR-1 or its due date, whichever is later, and before filing GSTR-3B for the same tax period.
GST return guide ↗Common quarterly TDS statement due dates are 31 Jul, 31 Oct, 31 Jan and 31 May for the relevant quarters, subject to the applicable form and current rules.
Official TDS guidance ↗For taxpayers liable to advance tax, the standard individual instalment schedule is 15% by June, 45% cumulative by September, 75% cumulative by December and 100% by March.
Income Tax guidance ↗A practical tax and business-compliance knowledge hub covering Income Tax, GST, TDS/TCS, registrations, audits, notices, filing concepts and important compliance guidance.
Explore a topic to understand the basics, process and common compliance points.
ITR types, taxable income, deductions, advance tax, notices and basic filing guidance.
Registration, invoices, returns, input tax credit, payments and routine GST compliance.
Deduction and collection concepts, returns, certificates, due dates and reconciliation.
Shop Act, Udyam, FSSAI, Professional Tax, IEC and other routine registrations.
Bookkeeping, ledgers, reconciliations, financial records and management reporting basics.
Audit concepts, documentation, project reports, CMA data and common certificates.
Core concepts to keep your annual tax compliance organised.
Practical reference topics for regular GST compliance.
Reference topics for deduction, collection and periodic compliance.
Registration and recurring compliance references for businesses.
Build clean financial records for compliance and decision-making.
Common concepts around audit readiness and financial documentation.
Important tax and compliance updates in simple language.
Practical reference tools and checklists for compliance work.
Direct links to government portals and official compliance resources. Always verify the latest requirement on the relevant official portal.
Official portal for income-tax return filing, e-verification, notices and taxpayer services.
Official tax provisions, Acts, Rules, Forms, circulars, FAQs and taxpayer guidance.
Official GST registration, returns, payments and taxpayer services portal.
Official CBIC reference for CGST, IGST, UTGST and related GST statutory material.
Official TDS/TCS portal for statements, challans, certificates and related services.
Official Ministry of Corporate Affairs portal for company and LLP-related services.
Official Government of India MSME registration portal.
Official food licensing and registration portal for food businesses.
Official Employees' Provident Fund Organisation information and services.
Use official government sources for the current text and applicability of legislation.
Official sources for rules, procedures, circulars and notifications.
Use the latest forms and utilities from the relevant government portal.
Quick starting points based on the type of taxpayer or business activity.
ITR selection, Form 16, AIS/TIS, deductions, capital gains basics, refund and notice references.
GST registration, invoicing, returns, books, TDS/TCS, Udyam and recurring compliance.
MCA references, statutory records, accounting, GST, TDS and annual compliance resources.
Professional income, ITR, advance tax, TDS, books and documentation references.
FSSAI/FoSCoS references plus GST, books and routine business compliance pointers.
Start with the official portal, read the notice carefully, note the response deadline and preserve supporting records.
A simple sequence for keeping tax and business records organised.
| Step | What to do | Typical records |
|---|---|---|
| 1. Collect | Gather income, sales, purchase, bank and registration information. | Invoices, bank statements, Form 16, bills, challans |
| 2. Reconcile | Match books with bank, GST data, TDS data and supporting documents. | Ledgers, GSTR data, AIS/TIS, TDS records |
| 3. Review | Check classifications, deductions, credits, liabilities and missing documents. | Working papers, reconciliations, checklists |
| 4. File / Pay | Use the applicable official portal, form and payment process. | Returns, challans, acknowledgements |
| 5. Preserve | Keep acknowledgements, filings and supporting evidence safely for future reference. | Filed returns, certificates, notices, replies |
Updated 4 October 2026. A practical reference for the major Income-tax, GST and business-compliance rules relevant to individuals, professionals and businesses. This is a summary—not a substitute for the applicable Act, Rules, notification or taxpayer-specific advice.
Resident individuals can get Section 87A rebate up to ₹60,000 where taxable income does not exceed ₹12 lakh, subject to the applicable conditions. Health & Education Cess is 4% on tax plus surcharge.
For senior citizens, the basic exemption threshold differs. The old regime allows more deductions/exemptions than the default new regime. Section 87A rebate is up to ₹12,500 where taxable income does not exceed ₹5 lakh, subject to conditions.
These revised MSME classification limits apply from 1 April 2025. Udyam registration is free on the official portal and does not require annual renewal.
Official Udyam Portal →FSSAI revised the turnover thresholds effective 1 April 2026. Activity-specific eligibility and other criteria can still matter, so verify the business category before applying.
Official FSSAI 2026 Order →A practical recurring-deadline planner for Indian taxpayers and Maharashtra businesses. Dates can change through notifications, extensions or taxpayer-specific rules—always verify the latest due date on the official portal.
Typical instalment dates: 15 June, 15 September, 15 December and 15 March, where advance-tax provisions apply.
Verify on Income Tax Portal →For many monthly filers, GSTR-1 is generally due by the 11th and GSTR-3B by the 20th of the following month, subject to the applicable notification.
Verify on GST Portal →Common quarterly TDS statement due dates are 31 July, 31 October, 31 January and 31 May, depending on the statement and applicable rules.
Verify current due dates →For eligible QRMP taxpayers, GSTR-1 is generally due by the 13th. For Maharashtra, the quarterly GSTR-3B date is generally the 22nd of the succeeding month.
Verify GST guidance →Use this as a general planning reference; actual applicability depends on the taxpayer and registration status.
Record sales and purchases, reconcile bank entries, review GST/TDS obligations, save invoices and update books.
Review TDS/TCS statements, GST return data where applicable, receivables/payables and tax payments.
Prepare year-end accounts, reconcile tax information, collect investment/income proofs and plan return filing.
Common terms explained in plain language.
Quick answers before you start with an official portal or filing process.
Use the relevant official government portal linked in this Knowledge Center. Rules, forms and deadlines can change, so the official source should be treated as the current reference.
No. This page is an educational reference. Applicability can depend on facts, dates, taxpayer status and the latest law or notification.
Log in to the official portal, verify the notice details and response deadline, preserve the original records and seek professional assistance where required.
Use the Official Forms & Utilities section below for the Income Tax Department's current download area.
Helpful preparation guides for ITR, GST, registrations, accounting and business funding requirements in Maharashtra.
Documents, AIS/TIS review and filing preparation.
Read Guide →Return preparation, reconciliation and record keeping.
Read Guide →Registration preparation and post-registration compliance.
Read Guide →Practical preparation for eligible MSMEs.
Read Guide →Establishment registration and document preparation.
Read Guide →Food business registration and licensing preparation.
Read Guide →Build organised books and reconciliation routines.
Read Guide →Prepare structured funding-related reports.
Read Guide →