Rajan Chakravarthy & Associates

News & Events

01/04/2026

ICAI Announcement on Applicability of Guidance Notes for NCEs & LLPs from FY 2025–26 (31-03-2026)

Panel for Addressing Bank Branch Statutory Audit Queries for FY 2025-26

CBDT notifies ITR forms for AY 2026-27: Taxpayers can file income tax returns

31/03/2026

RBI Defers Capital Market Exposure Norms to July 1, Offers Relief with Key Clarifications

SEBI Cracks Down on Elitecon, Flags Irregularities; ₹51 Cr Gains Impounded

CBDT Issues Key Clarification on TDS for Bank Interest Ahead of Income Tax Act 2025 Rollout

30/03/2026

Bombay HC Quashes ₹23.67 Cr GST Refund Rejection Over Due Process Violations

28/03/2026

CBDT Extends TDS Certificate Deadline to March 31 Amid Portal Disruptions

NFRA Flags Lapses in Audit Practices of Top Firms, Raises Independence Concerns

27/03/2026

ICAI Unveils Schedule for 64th Campus Placements; Multi-City Interviews Start April 6

NFRA May Tighten Oversight with Expanded Disclosure Norms for Audit Firms

Notifications/ Circulars

01/04/2026

Reporting under Foreign Exchange Management Act, 1999 – Returns pertaining to Foreign Exchange Management (Guarantees) Regulations, 2026

Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Listing of 01 Entry

Formation of new district in the State of Goa – Assignment of Lead Bank Responsibility

Reserve Bank of India (Trade Relief Measures) Directions, 2026

Income Tax Circular - Referencing by Document Identification Number (DIN)

31/03/2026

Reserve Bank of India (Small Finance Banks – Financial Statements: Presentation and Disclosures) – Second Amendment Directions, 2026 (Revised)

Reserve Bank of India (Small Finance Banks - Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026 (Revised)

Reserve Bank of India (Small Finance Banks - Concentration Risk Management) Amendment Directions, 2026 - (Revised)

Reserve Bank of India (Small Finance Banks – Credit Facilities) Amendment Directions, 2026 (Revised)

Reserve Bank of India (Commercial Banks – Undertaking of Financial Services) – Amendment Directions, 2026 (Revised)

Reserve Bank of India (Commercial Banks – Financial Statements: Presentation and Disclosures) – Third Amendment Directions, 2026 (Revised)

Reserve Bank of India (Commercial Banks - Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026 (Revised)

Reserve Bank of India (Commercial Banks - Concentration Risk Management) Amendment Directions, 2026 (Revised)

Reserve Bank of India (Commercial Banks – Credit Facilities) Amendment Directions, 2026 (Revised)

Reporting under Foreign Exchange Management Act, 1999 – Returns pertaining to External Commercial Borrowing (ECB)

28/03/2026

NOP-INR position of Authorised Dealers

Master Direction - Reserve Bank of India (Unique Identifiers in Financial Markets) Directions, 2026

Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Listing of 02 Entries

CBIC Clarifies No Expiry for Self-Sealing Approval

Customs Allows Transhipment from All Ports & Airports

Customs Duty Exemption on Aviation Turbine Fuel – March 2026

25/03/2026

CBIC Introduces Payment Aggregator for Easier Customs Duty Payments via ICEGATE

Customs Rules Amended to Allow Payments via Aggregators in Electronic Cash Ledger

20/03/2026

New Income-tax Rules, 2026 Notified: Key Framework to Take Effect from April 1

Rajan Chakravarthy & Associates,

Chartered Accountants,

E-605, Greater Kailash, Part - II,

New Delhi - 110048.

Ph.:011-46001193/94 & 29212356
Mob. 09811064074.

Email: sc@rcadelhi.com

Income Tax

Consultancy on various intricate matters pertaining to Income tax.
Effective tax management, tax structuring and advisory services.
Tax Planning for Corporates and others.
Designing / restructuring salary structure to minimise tax burden.
Obtaining Advance tax Rulings.
Obtaining No Objection Certificates from Income tax department.
Obtaining PAN for assessees, employees etc.
Advance tax estimation and deposit.
Assessing the liability towards deferred taxes.
Providing regular updates on amendments, circulars, notifications & judgments.
Filing Income Tax and Wealth Tax returns for all kinds of assessees.
Filing Income tax returns for employees of corporate clients.
Services of assessment, rectification, obtaining refunds etc.
Expertise in complicated direct tax assessments.
Filing and pleading appeals under various provisions of IT Act.
Special expertise in search, seizure and prosecution litigation.
Advice on future tax implications in respect of the potential acquisition.
Opinions on the various Double Tax Avoidance Agreement related issues.

Rajan Chakravarthy & Associates Chartered Accountants

Rajan Chakravarthy & Associates
Chartered Accountants