CA Hiren Bhandari, Author at Taxation Post

✅ Understanding Classification of Assets and Liabilities as Per ICAI Guidance Note (2023)

CA Hiren BhandariMay 3, 2025May 3, 2025

by CA Hiren BhandariMay 3, 2025May 3, 2025059

Proper classification of assets and liabilities is fundamental to preparing a fair and transparent Balance Sheet. The ICAI’s Guidance Note on Financial Statements for...

Uncategorized

📊 Is Cash Flow Statement Mandatory for Non-Corporate Entities?

CA Hiren BhandariMay 2, 2025May 2, 2025

by CA Hiren BhandariMay 2, 2025May 2, 20250443

ICAI Clarifies via AS-3 Guidance Note With the ICAI’s introduction of a new Financial Statement format for non-corporate entities, many professionals are asking: “Is preparation...

Others

Tariffs Explained Simply: India’s Policies, Trump’s Strategy, and Global Trade

CA Hiren BhandariApril 3, 2025April 5, 2025

by CA Hiren BhandariApril 3, 2025April 5, 2025194 294

We all are hearing tariff word now everyday since Trump comes into action, lets understand what is tariff ? A tariff is a tax or...

Income Tax

Comprehensive Section 115BAC Overhaul and Understanding the Sweeping Changes to Section 115BAC

CA Hiren BhandariMarch 31, 2024April 5, 2024

by CA Hiren BhandariMarch 31, 2024April 5, 20241237

The Finance Act of 2023 brought significant changes to Section 115BAC of the Income Tax Act, notably revising the tax regime for individuals, HUFs, and...

Income Tax

TaxUpdate Alert for Tax Professionals & Businesses 43B(h)

CA Hiren BhandariMarch 25, 2024March 25, 2024

by CA Hiren BhandariMarch 25, 2024March 25, 202468 187

#TaxUpdate Alert for Tax Professionals & Businesses 43B(h)! In a significant developmentIn a significant development, the Central Board of Direct Taxes (CBDT) has amended...

Income Tax

Important Update on Interest Payments to MSME Lenders Under Income Tax Act Section 43B(h)

CA Hiren BhandariMarch 8, 2024March 8, 2024

by CA Hiren BhandariMarch 8, 2024March 8, 20240351

Important Update on Interest Payments to MSME Lenders Under Income Tax Act Section 43B(h) We are writing here about a crucial update that impacts the...

Income Tax

Letter from Supplier to Customers Informing MSME classification Status and Speed up the Payment for complying with S.43B(h)

CA Hiren BhandariFebruary 14, 2024February 15, 2024

by CA Hiren BhandariFebruary 14, 2024February 15, 20249 1667

Sample copy of the letter to be sent as email/WhatsApp to Customers Dear [Customer’s Name], We hope this message finds you well. We...

Income Tax

Ensuring Compliance 43B(h) :Sample Copy to be sent to all suppliers for MSME Registration Certificate

CA Hiren BhandariFebruary 13, 2024February 13, 2024

by CA Hiren BhandariFebruary 13, 2024February 13, 202459 2676

Sample Copy to be sent to all suppliers if sent through Email Dear Valued Vendor, We hope this message finds you well. As part of...

GST

Brief Bullet Points related to Appeal and Higher judicial authorities

CA Hiren BhandariFebruary 5, 2024February 13, 2024

by CA Hiren BhandariFebruary 5, 2024February 13, 2024196 354

Brief One Page Bullet Points related to Appeal and Higher judicial Section 107 – Appeal to Appellate Authority 107(1) In case of appeal by Assessee...

GST

One Page Summary Points related to GST Appeals and Higher judicial proceedings

CA Hiren BhandariMarch 5, 2023February 13, 2024

by CA Hiren BhandariMarch 5, 2023February 13, 20241,527 340

Section 107 – Appeal to Appellate Authority 107(1) In case of an appeal by Assessee then 3-month time allowed (from date of order communicated) 107(2)...

Finance Act, 2025: Trusts Get 10-Year Registration Validity – No…

GSTN Alert: Phase 3 of HSN Table Live in GSTR-1…

Taxation Post

✅ Understanding Classification of Assets and Liabilities as Per ICAI Guidance Note (2023)

📊 Is Cash Flow Statement Mandatory for Non-Corporate Entities?

Tariffs Explained Simply: India’s Policies, Trump’s Strategy, and Global Trade

Comprehensive Section 115BAC Overhaul and Understanding the Sweeping Changes to Section 115BAC

TaxUpdate Alert for Tax Professionals & Businesses 43B(h)

Important Update on Interest Payments to MSME Lenders Under Income Tax Act Section 43B(h)

Letter from Supplier to Customers Informing MSME classification Status and Speed up the Payment for complying with S.43B(h)

Ensuring Compliance 43B(h) :Sample Copy to be sent to all suppliers for MSME Registration Certificate

Brief Bullet Points related to Appeal and Higher judicial authorities

One Page Summary Points related to GST Appeals and Higher judicial proceedings

Finance Act, 2025: Trusts Get 10-Year Registration Validity – No Re-Application Needed!

GSTN Alert: Phase 3 of HSN Table Live in GSTR-1 | New Validations, Dropdowns & B2B/B2C Reporting Unveiled

E-Invoicing & Dynamic QR Code – The Ultimate GST MASTER SUMMARY

Ensuring Compliance 43B(h) :Sample Copy to be sent...

Paradigm Shift for Promoting timely payments to Micro...

Letter from Supplier to Customers Informing MSME classification...

Understanding the New Provisions of Section 43B: Key...

IMPACT OF CHANGE IN GST COMPENSATION CESS RATES...

Finance Act, 2025: Trusts Get 10-Year Registration Validity – No Re-Application Needed!

GSTN Alert: Phase 3 of HSN Table Live in GSTR-1 | New Validations, Dropdowns & B2B/B2C Reporting Unveiled

E-Invoicing & Dynamic QR Code – The Ultimate GST MASTER SUMMARY

📊 Is Cash Flow Statement Mandatory for Non-Corporate Entities?

🚨 Tax Alert! Sahaj & Sugam Forms (ITR-1 & ITR-4) Notified for AY 2025-26

Finance Act, 2025: Trusts Get 10-Year Registration Validity – No Re-Application Needed!

GSTN Alert: Phase 3 of HSN Table Live in GSTR-1 | New Validations, Dropdowns & B2B/B2C Reporting Unveiled

E-Invoicing & Dynamic QR Code – The Ultimate GST MASTER SUMMARY

Finance Act, 2025: Trusts Get 10-Year Registration Validity – No Re-Application Needed!

GSTN Alert: Phase 3 of HSN Table Live in GSTR-1 | New Validations, Dropdowns & B2B/B2C Reporting Unveiled

E-Invoicing & Dynamic QR Code – The Ultimate GST MASTER SUMMARY