Income Tax Archives - Taxation Post

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

CA Abhas HalakhandiJune 2, 2025June 2, 2025

by CA Abhas HalakhandiJune 2, 2025June 2, 2025132

10-Year Validity for Trust Registrations – Big Relief! The Finance Act, 2025 has brought a major relief for trusts and institutions registered via Sec12A(1)(ac)(i) to...

Income Tax

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

CA Abhas HalakhandiMay 1, 2025

by CA Abhas HalakhandiMay 1, 2025103 18

ITR Breaking! @IncomeTaxIndia has notified ITR-1 (Sahaj) & ITR-4 (Sugam) via Notification No. 40/2025 for AY 25-26 PDF: https://egazette.gov.in/(S(xlx5ztvc2y5dfwzuc5wniuoq))/ViewPDF.aspx… One month of the filing window already...

Income Tax

Expenses incurred to settle proceedings under few laws are now non-deductible. New CBDT Notification 38/2025 | Section 37 Amendment – Big Impact!

CA Abhas HalakhandiApril 29, 2025April 30, 2025

by CA Abhas HalakhandiApril 29, 2025April 30, 2025149 23

New CBDT Notification 38/2025 | Section 37 Amendment – Big Impact! Expenses incurred to settle proceedings under these laws are now non-deductible: SEBI Act, 1992...

Others

Recovering TRACES Login Without User ID & Password (With Only TAN)

CA Abhas HalakhandiApril 17, 2025April 30, 2025

by CA Abhas HalakhandiApril 17, 2025April 30, 2025032

Only Have TAN number but No TRACES User ID & Password? Follow these steps: Deposit a challan for the current quarter using the TAN. File...

Income Tax

Denied 87A Rebate on STCG? Fight Back with Ready-Made Appeal Docs!

CA Abhas HalakhandiApril 15, 2025April 30, 2025

by CA Abhas HalakhandiApril 15, 2025April 30, 2025083

Sharing Appeal Documents (in Word Format) for S.87A Rebate Demand!! The issue of rebate under Section 87A is very close to my heart. I’ve been...

Income Tax

43(B) (h) – मार्च का महीना है लेनदारों को क़ानून के अनुसार भुगतान कर दें वरना बकाया रहा आपकी आय में जुड़ जाएगा । आइए पढ़ें आपको सतर्क करने वाला एक लेख ✍️

Sudhir HalakhandiMarch 26, 2025April 5, 2025

by Sudhir HalakhandiMarch 26, 2025April 5, 202551 27

...

Income Tax

87A Rebate Claims Rejected in Revised ITRs Despite High Court’s Relief – A Critical Concern for Taxpayers & Professionals!

CA Abhas HalakhandiMarch 3, 2025April 30, 2025

by CA Abhas HalakhandiMarch 3, 2025April 30, 202567 31

Rejection of 87A Rebate Claims in Revised ITRs despite High Court’s Interim Relief!! Must Read for all professionals interested in 87A issue!! Revised ITRs filed...

GST

Applicability of ICAI’s New Financial Statement Format for Non-Corporate Entities – Is It Mandatory for FY 2023-24?

CA Abhas HalakhandiMarch 1, 2025April 3, 2025

by CA Abhas HalakhandiMarch 1, 2025April 3, 202541 123

Whether format as per Guidance note on Financial Statements of Non-Corporate Entities issued by ICAI, containing comparative figure of previous year is mandatory for FY...

Income Tax

THE CONTROVERY OF TAX REBATE SECTION 87A

Sudhir HalakhandiJuly 22, 2024July 22, 2024

by Sudhir HalakhandiJuly 22, 2024July 22, 202437 46

INCOME TAX THE CONTROVERY OF TAX REBATE SECTION 87A SUDHIR HALAKHANDI Section 87A of the Income Tax Act provides a rebate of ₹25,000 if the...

Income Tax

“Fixing a Mistake: Wrong TAN in TDS Challan Deposite!”

CA Abhas HalakhandiMay 23, 2024

by CA Abhas HalakhandiMay 23, 20242 516

Entered wrong TAN while depositing TDS challan!! Deposited Offline Correction through Bank,if request made within 7 days, Otherwise through concerned AO Deposited online – Correction...

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

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

Taxation Post

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

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

Expenses incurred to settle proceedings under few laws are now non-deductible. New CBDT Notification 38/2025 | Section 37 Amendment – Big Impact!

Recovering TRACES Login Without User ID & Password (With Only TAN)

Denied 87A Rebate on STCG? Fight Back with Ready-Made Appeal Docs!

87A Rebate Claims Rejected in Revised ITRs Despite High Court’s Relief – A Critical Concern for Taxpayers & Professionals!

Applicability of ICAI’s New Financial Statement Format for Non-Corporate Entities – Is It Mandatory for FY 2023-24?

THE CONTROVERY OF TAX REBATE SECTION 87A

“Fixing a Mistake: Wrong TAN in TDS Challan Deposite!”

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...

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

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

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

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

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

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

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

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