Daily Newsletter - January 31, 2026

Latest additions to CAalley:

News Update:

Indian News

Budget 2026 News

International News

Useful Forms:

ITR eFiling Utilities for AY 2025-26

CA's Referencer:

CBDT Handbook

Tech Zone – Simplifying Technology for CAs:

Tech Zone Article

Legal Updates:

GST

SEBI

Customs

News Update:

Indian News:

Fruit dealer gets tax notice for unexplained cash credit; he fights back and wins case in ITAT Bangalore

Sebi removes letter of confirmation requirement, allows direct credit of securities to demat accounts

India's GIFT City attracts Lloyd's and other global reinsurers, sources say

How incorrect HRA tax deductions were caught by Nudge campaign

Budget 2026 News:

Budget 2026: From no mention in Constitution to Sunday presentation — 10 lesser-known facts

Budget 2026 Expectations: ICAI Seeks Tax Reforms For Lower Litigation, Easier Compliance

Economic Survey bats for trust-based e-Way Bill system to ease logistics

Eco Survey calls to link microfinance investor exits to social metrics

International News:

PCAOB Advisory Group Report Calls for Improved Critical Audit Matters, Cites UK’s Superior Disclosures

Useful Forms:

ITR eFiling Utilities for AY 2025-26:

Updated as on January 28, 2026:
ITR 3 - Excel Utility

CA's Referencer:

CBDT Handbook:

CBDT Administrative Handbook 2026
[Published by CBDT]

Tech Zone – Simplifying Technology for CAs:

Tech Zone Article:

Prompt Engineering for Professionals: Why Better Prompts Don’t Eliminate Risk

Legal Updates:

GST:

Advisory on Interest Collection and Related Enhancements in GSTR-3B

SEBI:

Ease of Doing Investment and Ease of Doing Business – Doing away with requirement of issuance of Letter of Confirmation (“LOC”) and to effect direct credit of securities in dematerialisation account of the investor

Ease of Doing Investment – Special Window for Transfer and Dematerialisation of Physical Securities

SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2026

Customs:

Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver [Notification No.11(NT)]