Recent income tax, GST, company law and compliance updates with source references.
The Income Tax e-Filing Portal lists the latest ITR-6 offline utility release dated 16 October 2026 for Assessment Year 2026-27. Companies should use the latest available utility and confirm current schema requirements.
Source: Income Tax Department – e-Filing Portal · ITR-6 Offline Utility v1.0.1 / AY 2026-27The notification specifies the jurisdiction-based administrative subordination of Joint Commissioners (Appeals) and Additional Commissioners (Appeals) to Principal Chief Commissioners or Chief Commissioners of Income-tax.
Source: CBDT / Income Tax Department · Notification No. 133/2026; S.O. 5368(E)CBDT has amended the Income-tax Rules, 2026 and substituted Form 161 for applications seeking waiver of penalty under section 440(2) of the Income-tax Act, 2025.
Source: CBDT / Income Tax Department · Notification No. 134/2026; G.S.R. 871(E)For the specified class of taxpayers for AY 2026-27, CBDT Circular No. 07/2026 extends the audit-report filing deadline to 21 October 2026 and the income-tax return deadline to 21 November 2026.
Source: CBDT / Income Tax Department · Circular No. 07/2026