Tax Updates 2026

The income tax calendar for 2026 includes several key deadlines that taxpayers should be aware of. Some of the important dates include:
- August: Due date for filing income tax returns for Assessment Year 2026-27
- September: Last date for filing revised returns for Assessment Year 2025-26
- October: Due date for payment of advance tax installment for quarter ending September 2026
- November: Last date for filing belated returns for Assessment Year 2025-26
- December: Due date for filing annual return of company for financial year 2025-26
In other news, the Registrar of Companies has penalized a company's eight directors for non-appointment of two independent directors for financial years 2015-16 to 2018-19. This highlights the importance of compliance with company laws and regulations.
Some key points to note are:
- The company and its directors have been fined for non-compliance
- The penalty is for breach of company law regulations
- The company has been directed to file the necessary forms and pay the required fees