Daily Newsletter - July 20, 2026
Latest additions to CAalley:
Exposure Draft:
Useful Forms:
ITR eFiling Utilities for AY 2026-27
From the ICAI:
Legal Updates:
News Update:
Sebi imposes ₹1 crore penalty on CDSL for alleged cybersecurity lapses
7 big income tax changes for 2026-27 that may reduce penalties for small mistakes
No proposal under consideration to scrap LTCG on equities: Finance ministry
RBI asks banks to clear old trade and payment mismatches
Sebi empanels 18 additional forensic auditors for listed company audits
'Front-running patterns seen in PMS by Sebi's AI tools'
Banks seek RBI clarity on collateral-free loans up to Rs 20 lakh for small businesses
RBI issues consolidated norms for Special Rupee Vostro Accounts and trade
SEBI cautions companies against rising ‘Boss Scam’ targeting top executives
Have an inactive foreign bank account? You may still need to disclose it in your ITR for AY 2026-27
[UK] Revised auditor reporting standards: the key changes
Exposure Draft:
Consultation Paper on proposal to expand list of jurisdictions for distribution activities
[Last date for Comments: August 7, 2026]
Useful Forms:
ITR eFiling Utilities for AY 2026-27:
Updated on July 17, 2026:
• Common Offline Utility (ITR 1,2,3 and ITR 4) - Windows & MAC
• ITR 2 - Excel Utility
• ITR 3 - Excel Utility
From the ICAI:
Handbook on Job Work under GST
[Revised in July 2026]
Legal Updates:
Special Rupee Vostro Accounts (SRVAs)
SEBI (Alternative Investment Funds) (Second Amendment) Regulations, 2026
SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2026
Amendment to the Circular titled “Master Circular for Credit Rating Agencies in the IFSC"
