https://kalanigattani.com/insights.html Plain-language notes on income tax, GST, audit, and accounting. en-IN Sat, 03 Oct 2026 12:10:48 +0530 https://kalanigattani.com/insights/gst-input-tax-credit-30-november-fy-2025-26.html https://kalanigattani.com/insights/gst-input-tax-credit-30-november-fy-2025-26.html Sat, 03 Oct 2026 09:00:00 +0530 GST Section 16(4) sets the last date for first-time credit on invoices of FY 2025-26. What stands outside it, and a four-week clearing routine. https://kalanigattani.com/insights/reconciling-books-to-gst-returns.html https://kalanigattani.com/insights/reconciling-books-to-gst-returns.html Thu, 01 Oct 2026 09:00:00 +0530 GST A checklist for matching sales and purchase registers to the GST returns and the auto-drafted statement, and what to settle before input tax credit is claimed. https://kalanigattani.com/insights/tax-audit-and-itr-dates-extended-ay-2026-27.html https://kalanigattani.com/insights/tax-audit-and-itr-dates-extended-ay-2026-27.html Tue, 29 Sep 2026 09:00:00 +0530 Direct tax CBDT Circular No. 07/2026 moves the tax audit report date to 21 October and the return date to 21 November 2026 for audit cases. Who is covered, and what stays. https://kalanigattani.com/insights/agm-by-30-september-and-filings-that-follow.html https://kalanigattani.com/insights/agm-by-30-september-and-filings-that-follow.html Thu, 10 Sep 2026 09:00:00 +0530 Company law For a company with a March year end, the AGM is due within six months. This note sets out the filings that run from the AGM date and how their dates are counted. https://kalanigattani.com/insights/what-an-auditor-examines.html https://kalanigattani.com/insights/what-an-auditor-examines.html Wed, 26 Aug 2026 09:00:00 +0530 Audit The stages of an audit, from risk assessment to the report: how balances are tested, what evidence counts, and what the opinion does and does not say. https://kalanigattani.com/insights/tax-audit-countdown-30-september.html https://kalanigattani.com/insights/tax-audit-countdown-30-september.html Tue, 18 Aug 2026 09:00:00 +0530 Audit A week-by-week plan for completing the tax audit for assessment year 2026-27, from the applicability test to the signed report, on the 1961 Act forms. https://kalanigattani.com/insights/tax-notice-what-to-collect.html https://kalanigattani.com/insights/tax-notice-what-to-collect.html Tue, 04 Aug 2026 09:00:00 +0530 Direct tax How to read a notice from the Income Tax Department or the GST authorities, and the papers to gather before a reply is drafted. https://kalanigattani.com/insights/before-you-file-reconcile-ais-26as.html https://kalanigattani.com/insights/before-you-file-reconcile-ais-26as.html Tue, 21 Jul 2026 09:00:00 +0530 Direct tax A pre-filing routine for income tax returns for AY 2026-27: compare the department's statements with the books, close the gaps, and know which due date applies. https://kalanigattani.com/insights/books-of-account-companies-must-keep.html https://kalanigattani.com/insights/books-of-account-companies-must-keep.html Tue, 07 Jul 2026 09:00:00 +0530 Accounting Section 128 of the Companies Act, 2013 explained: which books a company keeps, where, for how long, and the rules for electronic records and audit trail. https://kalanigattani.com/insights/advance-tax-first-instalment-15-june.html https://kalanigattani.com/insights/advance-tax-first-instalment-15-june.html Fri, 12 Jun 2026 09:00:00 +0530 Direct tax How advance tax works in the first tax year under the Income-tax Act, 2025: the four instalments, a worked example, the presumptive exception, and what to record. https://kalanigattani.com/insights/what-a-virtual-cfo-reads.html https://kalanigattani.com/insights/what-a-virtual-cfo-reads.html Tue, 02 Jun 2026 09:00:00 +0530 Virtual CFO A walk through the monthly management pack: margin, cash, working capital, and the items that need a decision, and how each ties back to the closed books. https://kalanigattani.com/insights/tax-audit-section-63-form-26.html https://kalanigattani.com/insights/tax-audit-section-63-form-26.html Tue, 19 May 2026 09:00:00 +0530 Direct tax Tax audit moves from section 44AB to section 63, and from Forms 3CA/3CB/3CD to Form 26. Who needs one, the due date, and the transition years. https://kalanigattani.com/insights/month-end-close-checklist.html https://kalanigattani.com/insights/month-end-close-checklist.html Tue, 05 May 2026 09:00:00 +0530 Accounting A working checklist for closing the books each month: cut-off, reconciliations, accruals, statutory entries, and review before management reports go out. https://kalanigattani.com/insights/opening-the-books-fy-2026-27.html https://kalanigattani.com/insights/opening-the-books-fy-2026-27.html Tue, 14 Apr 2026 09:00:00 +0530 Accounting What to settle in the first weeks of a new financial year: opening balances, the two Income-tax Acts, GST series, withholding masters, advance tax, audit trail. https://kalanigattani.com/insights/tax-year-replaces-assessment-year.html https://kalanigattani.com/insights/tax-year-replaces-assessment-year.html Mon, 06 Apr 2026 09:00:00 +0530 Direct tax The Income-tax Act, 2025 applies from 1 April 2026. Which Act governs which year, what stays the same, and what to keep separate in your records.