Welcome to TRUSTLINK
Form 16 has been renumbered as Form 130 under the Income Tax Act, 2025, which came into force on 1 April 2026. Form 16A becomes Form 131, Form 16B/16C/16D/16E are consolidated into Form 132, and the underlying quarterly TDS returns…
For AY 2026-27, salaried individuals and non-audit taxpayers must file by 31 July 2026, non-audit business and professional taxpayers filing ITR-3 or ITR-4 get until 31 August 2026, audited businesses and professionals must file by 31 October 2026, and taxpayers…
Ship-To GSTIN became a mandatory field on e-way bills and e-invoices for Bill-To/Ship-To transactions from 1 August 2026. If your business invoices one GSTIN but delivers goods to a different registered location, you must now capture that recipient’s GSTIN correctly…
Starting a business in India is an exciting milestone, and it all begins with one fundamental step: company registration. Whether you are launching an innovative startup, establishing a standard Private Limited Company, or setting up an Indian subsidiary of a…
Starting a business is a major step. One of the first questions you will ask is about the exact timeline to register a company in India. In most situations, company registration in India takes 7 to 15 working days. This…
The structural updates to the Income Tax Act 2025 went live on April 1, 2026. This new legislation changes how non-profit entities in India handle taxation, registration, and donor benefits. The basic logic behind tax exemptions stays the same. The…
Tax Benefits Guide for Salaried Employees: tax planning as a salaried professional means balancing monthly take-home pay with long-term wealth building. For Assessment Year (AY) 2026-27, the Income-tax Act, 1961 (as amended by the Finance Act, 2026) offers significant relief…
For small enterprises and self-employed professionals, the administrative burden of maintaining comprehensive books of accounts and undergoing statutory tax audits often outweighs the tax benefits of meticulous expense tracking. To reduce compliance friction, the Income-tax Act provides specialized presumptive taxation…
In cross-border tax planning, the fundamental distinction between a resident and a non-resident under the Income-tax Act 1961 lies in the jurisdictional reach of Section 5. While Indian residents are subject to tax on their worldwide income, Section 5(2) restricts…
For years, co-operative housing societies across Maharashtra were forced to operate under generic cooperative rules designed for everything from credit unions to agricultural marketing societies. While the state amended the core Maharashtra Co-operative Societies Act back in 2019 to add…