For corporate CFOs, enterprise owners, and finance heads preparing for tax audit season, recent statutory updates have shifted how business expenses are claimed. The spotlight during audit reviews centers on Section 43B(h) of the Income Tax Act. This provision links expense deductions directly to timely vendor payments made to Micro and Small Enterprises (MSEs). If […]
Every autumn across India, corporate finance teams run into the exact same wall: annual ROC deadlines. For businesses operating throughout NCR’s commercial hubs—whether in Cyber City or along Sohna Road—keeping statutory records clean isn’t optional. It’s the baseline for staying bankable and open for business. Yet hundreds of companies miss their cutoff dates every year. […]
If you have been stressing over pending ROC filings or delayed annual returns for your company, here is some news you will want to read carefully. The Ministry of Corporate Affairs (MCA) has officially pushed back the deadline for the CCFS Scheme 2026 (Companies Compliance Facilitation Scheme 2026). Instead of scrambling to meet tight cutoff dates, business owners now have until 15th September 2026 to get their records clean and up to date without paying massive penalty fees.