
Author
Mukul Thukral
Squad Lead
CA Finalist with nearly eight years of professional experience in taxation, compliance, and financial reconciliation. His expertise spans direct tax compliance, TDS matters, statutory reporting, tax audit support, and reconciliation projects, complemented by approximately four years of experience in GST and indirect tax compliance. His role now also encompasses marketing, sales, and business development, combining his technical expertise with a practical understanding of business requirements and client needs. Through his blogs, Mukul shares clear, practical perspectives on taxation, regulatory developments, and technology-enabled compliance to help businesses and professionals navigate complex requirements with confidence.
Articles by Mukul Thukral

Bulk PAN Verification for TDS: Prevent Short-Deduction Defaults Under Section 397(2)
Bulk PAN verification for TDS: how invalid or inoperative PANs trigger 20% TDS under Section 206AA / 397(2), and a checklist to verify thousands of deductees.
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TDS Returns Can Now Be Filed Online on TRACES from Q2 of Tax Year 2026-27
TRACES now lets deductors file TDS/TCS returns (Forms 138, 140, 143, 144) online from Q2 of Tax Year 2026-27, without the e-filing portal or an FVU file.
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How to Check MSME Status of a Vendor or Company (2026 Guide)
MSME verification guide: how to check MSME status and verify a vendor by Udyam number, QR code or PAN, and what the result means for 43B(h).
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Foreign Assets of Small Taxpayers Disclosure Scheme 2026: Declare by 31 December 2026
CBDT notifies Foreign Assets of Small Taxpayers Disclosure Scheme 2026 rules. Declarations due 31 December 2026, in two slabs: up to ₹1 crore or ₹5 crore.
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How to Bulk Update MSME Details of Your Vendors (2026 Guide)
Verify MSME (Udyam) status of all your vendors in bulk by Udyam number or PAN, update your vendor master and ERP, and stay ready for 43B(h) and MSME Form 1.
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Form 60 and 61 Are Now Form 97 and 98: What Reporting Entities Need to Change
Under the Income-tax Act, 2025, Form 60 has become Form 97 and Form 61 has become Form 98. Here is what to change before your next filing.
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TRACES C Flag Removal: What TDS Return Filers Need to Know
Reported a transaction as PANNOTAVBL with TDS at 20% and a “C” flag? Before updating the PAN or correcting transaction/TDS values, check whether flag removal is required.
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