#  @CAHimankSingla CA Himank Singla CA Himank Singla posts on X about india, finance, capital gains, gst the most. They currently have [------] followers and [----] posts still getting attention that total [-----] engagements in the last [--] hours. ### Engagements: [-----] [#](/creator/twitter::1346483983/interactions)  - [--] Week [-------] -69% - [--] Month [---------] +27% - [--] Months [----------] +97% - [--] Year [----------] -79% ### Mentions: [--] [#](/creator/twitter::1346483983/posts_active)  - [--] Month [--] -8% - [--] Months [---] +1.90% - [--] Year [---] +17% ### Followers: [------] [#](/creator/twitter::1346483983/followers)  - [--] Week [------] +0.19% - [--] Month [------] +1.40% - [--] Months [------] +26% - [--] Year [------] +87% ### CreatorRank: [-------] [#](/creator/twitter::1346483983/influencer_rank)  ### Social Influence **Social category influence** [finance](/list/finance) [countries](/list/countries) [premier league](/list/premier-league) [technology brands](/list/technology-brands) [stocks](/list/stocks) [currencies](/list/currencies) [social networks](/list/social-networks) [automotive brands](/list/automotive-brands) [celebrities](/list/celebrities) [gaming](/list/gaming) **Social topic influence** [india](/topic/india), [finance](/topic/finance), [capital gains](/topic/capital-gains), [gst](/topic/gst), [has been](/topic/has-been), [portal](/topic/portal), [money](/topic/money), [tds](/topic/tds), [manchester united](/topic/manchester-united), [in the](/topic/in-the) **Top accounts mentioned or mentioned by** [@incometaxindia](/creator/undefined) [@finminindia](/creator/undefined) [@theicai](/creator/undefined) [@infosysgstn](/creator/undefined) [@nsitharaman](/creator/undefined) [@nsitharamanoffc](/creator/undefined) [@abhashalakhandi](/creator/undefined) [@infosys](/creator/undefined) [@cbicindia](/creator/undefined) [@manutd](/creator/undefined) [@akhilpachori](/creator/undefined) [@narendramodi](/creator/undefined) [@pmoindia](/creator/undefined) [@abhishekrajaram](/creator/undefined) [@cachirag](/creator/undefined) [@pratibhagoyal](/creator/undefined) [@ruwatiaofficial](/creator/undefined) [@caanupam7](/creator/undefined) [@infosysnmurthy](/creator/undefined) [@yashdhanuka14](/creator/undefined) **Top assets mentioned** [Alphabet Inc Class A (GOOGL)](/topic/$googl) [Tesla, Inc. (TSLA)](/topic/tesla) [April (APRIL)](/topic/april) [AUDIT (AUDIT)](/topic/audit) ### Top Social Posts Top posts by engagements in the last [--] hours "Repeat after me and RT. ABOLISH TAX ON DIVIDENDS RECEIVED ABOLISH LTCG TAX ON INVESTMENTS ABOLISH TAX ON SAVING ACCOUNT AND DEPOSITS' INTEREST UPTO CERTAIN THRESHOLD This should be the major announcement in #Budget2026 π" [X Link](https://x.com/CAHimankSingla/status/2011448188532903946) 2026-01-14T14:39Z 22.7K followers, 15.9K engagements "@TaxationUpdates @IncomeTaxIndia What if opening balance [-----] and repayment during year = [-----] (i.e. less than 20000) In my opinion same is reportable because once loan exceeds [-----] it gets covered under the provisions of 269SS and 269T" [X Link](https://x.com/CAHimankSingla/status/1562467456215838720) 2022-08-24T15:50Z 22.5K followers, [--] engagements "As per the latest GN if any loan/advance is adjusted by adjustments (like sales/purchase payment through partner capital - personal saving etc.) if has to be reported as 'payment/acceptance through other than account payee cheque'. Will 269SS and 269T penalty be leviable" [X Link](https://x.com/CAHimankSingla/status/1562989129276981251) 2022-08-26T02:23Z 20.9K followers, [--] engagements "@CA_HarshilSHETH @TaxationUpdates @IncomeTaxIndia [--] lacs for 269SS ans [--] lacs for 269T" [X Link](https://x.com/CAHimankSingla/status/1565280579956125696) 2022-09-01T10:09Z 20.9K followers, [--] engagements "Its time for Black & White #ElectoralBondsCase π§΅ A thread. Case 1: Wonder Cement Limited" [X Link](https://x.com/anyuser/status/1768301694822318225) 2024-03-14T15:42Z 22.7K followers, 3.5M engagements "Dear @theicai @CaRANJEET @ruwatiaofficial @caanupam7 The website is not working Students and members are unable to create email IDs for their office or personal use. Please look into this and resolve the same asap. http://mail.ca.in http://mail.ca.in http://mail.ca.in http://mail.ca.in" [X Link](https://x.com/CAHimankSingla/status/1814652818109747623) 2024-07-20T13:25Z 22.2K followers, [----] engagements "Absolutely spot-on article. Middle class tax payers are being looted in this country and no amenities are given at all for all the taxpayers π€―" [X Link](https://x.com/anyuser/status/1815089863391412465) 2024-07-21T18:22Z 22.7K followers, 332.1K engagements "HUF: The Legal Hack to Double Your Tax Benefits Form a Hindu Undivided Family (HUF) and slash your tax bills with double 80C deductions and special property exemptions" [X Link](https://x.com/CAHimankSingla/status/1823525386145423417) 2024-08-14T01:01Z 20.8K followers, [----] engagements "Heres a summary of the key cash transaction limits under the Income Tax Act [----] in India: Sec 40A(3): Cash payment 10000/day (35000 for transporters) disallowed as expense. Sec 269SS: No cash loans/deposits 20000/day from a person; penalty = 100%. Sec 269T: No cash repayment of loans/deposits 20000; penalty = 100% Sec 269ST: No cash receipts 200000/day/person/occasion; penalty = 100%. Sec 80GGB/80GGC: No cash donation [----] for political contributions Sec 43(1): No cash purchase of fixed assets [-----] for tax benefits. Sec 44AD/44ADA: Presumptive scheme not available if turnover/receipts 5" [X Link](https://x.com/CAHimankSingla/status/1856707709116063835) 2024-11-13T14:36Z 22.5K followers, 20.5K engagements "A Hindu Undivided Family (HUF) is a legal entity recognized under Indian tax laws offering various tax benefits. Heres a summary of the key tax benefits and considerations related to HUFs: (via @livemint)" [X Link](https://x.com/CAHimankSingla/status/1879381398953570327) 2025-01-15T04:13Z 20.8K followers, 52.3K engagements "98% of Taxpayers Dont Have an HUF Are You Missing Out on 1.5L/Year in Tax Savings" [X Link](https://x.com/CAHimankSingla/status/1879708139991486835) 2025-01-16T01:51Z 21.4K followers, 39.2K engagements "π¨GST Compliance Checklist for FY 2025-26 [--] File LUT for zero-rated supplies by March [--] [----]. [--] Opt for the Composition Scheme via CMP-02 by March [--] [----]. [--] File ITC-03 for Composition transition by May [--] [----]. [--] Choose QRMP Scheme by April [--] [----]. [--] Collect GTA Declarations to manage RCM compliance. [--] Reset Invoice Number Series from April [--] [----]. [--] Recalculate Aggregate Turnover for various compliance decisions under GST Law. [--] Reconcile ITC with GSTR-2B & GSTR-3B. [--] Settle RCM Liabilities in GSTR-3B. π Update HSN Codes & comply with Phase-III reporting of reporting B2B & B2C invoices" [X Link](https://x.com/CAHimankSingla/status/1888986856219668502) 2025-02-10T16:22Z 12.2K followers, 13K engagements "DRAFT OF INCOME TAX BILL [----] is here - to be applicable from 1st April [----] Steps to access the File: [--]. Follow me [--]. Like & Retweet the Tweet [--]. DM me and I will send you the link of my exclusive whatsapp group where you can access the same" [X Link](https://x.com/CAHimankSingla/status/1889534779814457398) 2025-02-12T04:39Z 12.2K followers, 27K engagements "Dear @Infosys_GSTN @FinMinIndia Order for cancellation of Application is pending since 13-06-2023 i.e. [--] YEARS FROM DATE OF SUBMISSION WHAT DOES THE OFFICER WANT WHAT "LIASONING" DOES HE WANT IS THIS EASE OF DOING BUSINESS" [X Link](https://x.com/CAHimankSingla/status/1889646557395309046) 2025-02-12T12:03Z 12.2K followers, [----] engagements "The new Income Tax Bill [----] replaces long-term capital asset with long-term capital gain in Section [--] (previously Section 54EC) β Earlier as per CIT v. Dempo Company Ltd (2016) even short-term capital gain from depreciable assets (held for over [--] months) qualified for exemption under Section 54EC. β The revised provision now restricts the exemption strictly to long-term capital gain overriding the Dempo judgment. β Assessees can no longer claim exemption for short-term capital gains arising from the transfer of depreciable assets even if held for more than [--] months. β The amendment aims" [X Link](https://x.com/CAHimankSingla/status/1889875727966761429) 2025-02-13T03:14Z 12.3K followers, [----] engagements "Tonight was all about living in the music - dancing to Shape of You reminiscing with Photograph and feeling Perfect all over again β€π₯ @edsheeran" [X Link](https://x.com/CAHimankSingla/status/1890810483994959879) 2025-02-15T17:08Z 12.1K followers, [----] engagements "Under Income Tax Act [----] there's no bar on claiming a refund solely because the return wasn't filed on time. However the Income Tax Bill [----] proposes a new rule: no refund if return is late. Hard to believe it is true - but opinions of others are invited in this regard" [X Link](https://x.com/CAHimankSingla/status/1891391281886310773) 2025-02-17T07:36Z 12.2K followers, 19.4K engagements "The real compilation work: β Filing of ROC Forms β ITR filing (for basic ITRs without complexeties) β GSTR-9/9C filings (as self-certification is required now) The work they call compilation: π Audit under Income Tax Act. Kuch bhi chalraha hai and the best thing is - teachers have also now joined in for PR π―" [X Link](https://x.com/CAHimankSingla/status/1893339667443130676) 2025-02-22T16:38Z 12.2K followers, 11K engagements "Baffled with how CMA and CS are literally arguing over just a Tax Audit. It's like a Golf player and a Football player asking a Cricket Team to include them in the playing [--] π’" [X Link](https://x.com/CAHimankSingla/status/1893523990980739484) 2025-02-23T04:51Z 12.2K followers, 15.8K engagements "That is what everybody is saying You went into the course by your choice knowing very well that Tax audit is exclusive expertise of CAs and power of tax audit is with them only Tab tax audit nahi krne ka socha tha bhai karna hota toh shuru se CA kar lete There is no means to justify the line that "we deserve what should have been given to us long back." It is only a distraction to divert everyone from real intention of backdoor entry into a reputed profession Why any person comes and advice us to do CA Nahi Karna bhai karna hota to shuru se kar lete choice thi hamare pas par hame CS hi karna" [X Link](https://x.com/CAHimankSingla/status/1893925389019578448) 2025-02-24T07:26Z 12.3K followers, [----] engagements "Section 194T: New TDS Rule for Partnership Firms from 01.04.2025 Effective April [--] [----] partnership firms and LLPs must deduct 10% TDS on payments made to partners including salary remuneration commission bonus and interest. Question many are asking is will this TDS deduction be annual or monthly PARTNER REMUNERATION: If partnership deed states salary of partners on monthly basis then credit of the same in books of accounts is to be done monthly and hence TDS deduction should also be monthly for such partner remuneration. INTEREST ON CAPITAL: Usually it is calculated at year-end and hence TDS" [X Link](https://x.com/CAHimankSingla/status/1899319812792184936) 2025-03-11T04:41Z 21.4K followers, 35.7K engagements "The most draconian thing about 194T is that finalisation of books of partnership firms now must happen upto 31st May each year - SME taxpayers will feel the heat next year if initially they are not paying too much attention to 194T. Add to it the interest liability on late deposit of TDS etc" [X Link](https://x.com/CAHimankSingla/status/1901140223947378848) 2025-03-16T05:15Z 21.4K followers, [----] engagements "Soon incoming. Practical Workshop on 194T of Income Tax Act [----] for 99/- only π" [X Link](https://x.com/CAHimankSingla/status/1901158634526056819) 2025-03-16T06:28Z 21.4K followers, 11.3K engagements "THIS IS A JOKE GST Number not granted even after [--] times of applying Don't blame the honest taxpayers now when they want to start business but your worthy officers don't approve GST applications without bribes What the hell is happening in the name of ease of doing business in this country @Infosys_GSTN @cbic_india Dear @Infosys_GSTN @FinMinIndia ARN: AA030225037844F Applied for New GST Registration [--] times and this is the 3rd time we are applying this. Every time they are asking same property registry photos etc. and every time they reject with no definitive reason. Now applied again" [X Link](https://x.com/CAHimankSingla/status/1902187405441909104) 2025-03-19T02:36Z 20.6K followers, 41.5K engagements "INCOME TAX BREAKING: CBDT notifies changes in Form 26Q to incorporate Section 194T: TDS on Payment of salary remuneration commission bonus or interest to a partner of firm. Are you all ready for Section 194T compliance from 01.04.2025 π₯Ίπ₯" [X Link](https://x.com/CAHimankSingla/status/1905226435989545155) 2025-03-27T11:52Z 21.4K followers, 15K engagements "IMPORTANT NOTE REGARDING REMUNERATION CLAUSE IN PARTNERSHIP DEEDS: Many partnership firms are in the process of revising remuneration clauses in their deeds due to increased in remuneration threshold u/s 40(b) w.e.f. 01st April [----]. As per Section 40(b) the allowable amount of deduction for remuneration paid to the working partners is based on the firm's Book Profit for the year. To maximize the deduction most partnership deeds contain a clause that states that the remuneration payable to the working partners for the FY shall be based on the firm's Book Profit for the concerned FY. For" [X Link](https://x.com/CAHimankSingla/status/1907379471696445827) 2025-04-02T10:27Z 21.4K followers, 40K engagements "Many taxpayers and professionals too are confused about applicability of new Section 40(b) threshold and new Section 194T - if these Sections are applicable from 01.04.2025 or what Please note that Section 40(b) has been made effective from AY 2025-2026 and onwards i.e. from 01.04.2024 (FY 2024-2025) onwards (Picture-1) This means will effect your 40(b) disallowances from FY 2024-2025 itself Section 194T has been INSERTED from 01st April [----] i.e. it will take effect from AY 2026-2027 onwards - it means Salary/ Interest etc. will attract TDS deduction from FY 2025-2026 onwards (Picture-2)" [X Link](https://x.com/CAHimankSingla/status/1907466377369391317) 2025-04-02T16:13Z 21.4K followers, 19.2K engagements "Mutual Fund Taxation [----] Edition" [X Link](https://x.com/CAHimankSingla/status/1926534987815203153) 2025-05-25T07:05Z 21.3K followers, 28.6K engagements "Got contacted by a school friend today. Turns out he needed help with his ITR. Hes been trading in foreign stocks (Apple Tesla etc.) via IndMoney for 3-4 years now - but never declared them in his ITR. Why His family's CA didnt know how to report foreign holdings so he just skipped em in his ITR π RT this π§΅ to help others ππ»" [X Link](https://x.com/anyuser/status/1934204556327698475) 2025-06-15T11:01Z 22.7K followers, 152.5K engagements "4/ Schedule FSI is for: Dividends from foreign shares Capital gains on sale of foreign stocks Foreign salary interest or other income Use Schedule TR to claim foreign tax credit (FTC) if TDS was deducted abroad" [X Link](https://x.com/CAHimankSingla/status/1934204573251707366) 2025-06-15T11:01Z 21.8K followers, 16.8K engagements "11/ Whether youre investing abroad via Vested or INDmoney or receiving dividends from Apple - dont skip Schedule FA & FSI. Disclosure is your duty. Penalties are real. And now Finance Act [----] gives limited relief so use it smartly. π RT to help others Follow me - @CAHimankSingla for more such insights on tax & compliance. #IncomeTax #ITR #ForeignStocks #CAIndia" [X Link](https://x.com/CAHimankSingla/status/1934204610337464415) 2025-06-15T11:01Z 21.7K followers, [----] engagements "If youve invested in ETFs which invest further in foreign stocks then Schedule FA and FSI are not required in your ITR. These are Indian-domiciled ETFs even though they invest in foreign indices. Youre holding units of an Indian mutual fund not foreign assets directly. Just report capital gains or dividends (if any) as you would for any Indian investmentno foreign asset disclosure needed" [X Link](https://x.com/CAHimankSingla/status/1934447805957042454) 2025-06-16T03:07Z 20.8K followers, [---] engagements "π Section 269SS & 269T & 269ST Alert Tax Audit Reporting Starting FY 2024-25 audits auditors are required to report loan/advance accepted under Clause [--] - date-wise lender-wise and even mode-wise in Form 3CD. What used to be a summary disclosure has now turned into a huge compliance burden. Professionals be prepared. Heavy detailing expected under Clause [--] of Form 3CD. https://twitter.com/i/web/status/1948026011020587480 https://twitter.com/i/web/status/1948026011020587480" [X Link](https://x.com/CAHimankSingla/status/1948026011020587480) 2025-07-23T14:22Z 22.5K followers, 18.9K engagements "Dear @IncomeTaxIndia Requesting you to kindly clarify the meaning of 'Date of Furnishing of Audit Report' for ITR filings Is it the date of upload of Tax Audit Report by auditors Or is it the date of approval of Tax Audit Report by assessee Please respond π" [X Link](https://x.com/CAHimankSingla/status/1951969483725111605) 2025-08-03T11:32Z 20.9K followers, 19.5K engagements "Who says @IncomeTaxIndia portal is not working smoothly It is working flawlessly when it comes to levying 234A interest 234B interest 234C interest and of course the 234F late fees. π Glitches only appear when honest taxpayers & professionals try to file returns on time. Priorities speak louder than assurances. #Extend_Due_Date_Immediately #extend_due_dates_immediately #Extend_due_date_now #extendduedates https://twitter.com/i/web/status/1966109633090826697 https://twitter.com/i/web/status/1966109633090826697" [X Link](https://x.com/CAHimankSingla/status/1966109633090826697) 2025-09-11T12:00Z 22.4K followers, 23.5K engagements "BREAKING: The Central Board of Direct Taxes (CBDT) has decided to extend the specified date for filing various audit reports for the Previous Year [------] (Assessment Year 202526) from 30th September [----] to 31st October [----] for assessees referred to in clause (a) of Explanation [--] to sub-section (1) of section [---] of the Act. VICTORY ππβ€ https://twitter.com/i/web/status/1971159042484777438 https://twitter.com/i/web/status/1971159042484777438" [X Link](https://x.com/CAHimankSingla/status/1971159042484777438) 2025-09-25T10:25Z 22.3K followers, 31.3K engagements "HUGE BREAKING: LIVE GUJARAT HIGH COURT JUDGEMENT: It is mandatory to provide [--] month gap between ITR (audit) date and Tax Audit date. We hereby order CBDT to extend the same and issue necessary instructions. π₯π₯π₯π₯ Remarkable hearing and even remarkable judgement Watch LIVE here: https://www.youtube.com/live/9PaXMBrMiL8si=FpgIJqgAhgibXwfb https://www.youtube.com/live/9PaXMBrMiL8si=FpgIJqgAhgibXwfb" [X Link](https://x.com/CAHimankSingla/status/1977634758256447630) 2025-10-13T07:17Z 20.5K followers, 32.5K engagements "π¨ One of the Most Beneficial Changes in GSTR-9 for FY 2024-25 - Column A1 of Table [--] β‘ Taxpayers can now report Input Tax Credit (ITC) pertaining to the previous financial year that was claimed in the current years GSTR-3B. Earlier there was ambiguity regarding where and how to disclose such ITC in the Rnnual Return often resulting in mismatches notices and unnecessary litigation. β Now with this clarification taxpayers can: Accurately disclose ITC of the previous year claimed in the current years 3B" [X Link](https://x.com/CAHimankSingla/status/1977818637361893627) 2025-10-13T19:28Z 20.4K followers, 20.2K engagements "π¨Will the due date for all companies get extended to 30th November too - in compliance with the Gujarat High Court Order (Thanks to @CARattanKaur mam for the insights) The Honble Court has directed the CBDT to issue a Circular u/s [---] extending the due date only for those assessees cases falling under clause (a) of Explanation [--] to Section 139(1) AND who are required to furnish a Tax Audit Report (TAR) or any provision requiring audit under the Income Tax Act. On plain reading it looks like that companies which are not liable to Audit under Income Tax Act [----] are excluded from the Judgment." [X Link](https://x.com/CAHimankSingla/status/1978045668640841929) 2025-10-14T10:30Z 20.3K followers, 14.9K engagements "Every year during ITR & Tax Audit season: CAs & Tax Professionals raise voice for date extension due to incompetency of Income Tax Portal. Every year during ROC Filing season: Our CS colleagues and ROC professionals raise voice for date extension due to incompetency of MCA V3 Portal. As always @FinMinIndia remains a distant & silent observer and no action is ever taken on the service provider. Will this drama ever end It really is so exhausting" [X Link](https://x.com/CAHimankSingla/status/1978149835263115746) 2025-10-14T17:24Z 20.7K followers, 31.1K engagements "Dear @Infosys_GSTN While filing September [----] TDS Return Portal is throwing error that there are some unprocessed records in Aug [----]. But we have already filed that TDS return andcan'teditthat. Error Code RET2X91230 This is a PAN-India error and being faced by so many professionals. Ticket number G-202510152756345" [X Link](https://x.com/CAHimankSingla/status/1978333281213964461) 2025-10-15T05:33Z 20.4K followers, [----] engagements "π¨Update on ITR Due Date Extension - Honble Delhi High Court The Honble Delhi High Court today heard the matters concerning extension of the Income Tax Return (ITR) due date for AY [------] including Sumit Garg vs. CBDT & Anr. (WP (C) 14882/2025). The learned counsel for the CBDT informed that the issue of ITR due date extension is under active consideration and that the recent Gujarat High Court judgment dated 13.10.2025 is also being examined. The Honble Court has granted time and listed the matter for 29.10.2025 for further hearing" [X Link](https://x.com/CAHimankSingla/status/1978371078557782049) 2025-10-15T08:03Z 20.6K followers, 31.8K engagements "MCA BREAKING NOTIFICATION: Extension of DIR-3 KYC Forms upto 31.10.2025. Finally some much needed relief π₯π«‘" [X Link](https://x.com/CAHimankSingla/status/1978428754314907969) 2025-10-15T11:52Z 20.3K followers, 13.3K engagements "16 October. Gujarat High Court Order CBDT ITR (audit) due date [--] November [----] Supreme Court appeal personal opinion case merit extension notification issue π₯Ή" [X Link](https://x.com/CAHimankSingla/status/1978620843535319319) 2025-10-16T00:35Z 20.6K followers, 22K engagements "Hon'ble President of ICAI CA Charanjot Singh Nanda sir pens a letter addressed to CBIC Chairman asking for extension of due date of filing GSTR-3B by one week in view of Diwali festive season. Thankyou @theicai @CJSNanda π" [X Link](https://x.com/CAHimankSingla/status/1978700588142506102) 2025-10-16T05:52Z 20.3K followers, 22.1K engagements "Table 8A data rules of GSTR-9 changed. Last year Table 8A consisted figures of FY 2024-25 only but now this year onwards it will contain invoices pertaining to FY 2024-25 appearing in GSTR 2B of next year 2025-26 upto October [----] period" [X Link](https://x.com/CAHimankSingla/status/1979022252680110355) 2025-10-17T03:10Z 20.4K followers, 12.1K engagements "Due date of GSTR 3B has been changed on GST Portal. However no Notification yet" [X Link](https://x.com/CAHimankSingla/status/1979185831039390137) 2025-10-17T14:00Z 20.4K followers, 10.3K engagements "MCA Announcement for Extension of Annual Return: β Additional fee waiver changes for filing Financial Statements and Annual Returns for the FY [----] [---] vide Circular No. 06/2025 are currently under development and are expected to be completed by middle of next week. β Companies whose filing due dates have either already passed or fall during this period are advised to kindly take note of the forthcoming changes and plan their filings accordingly. My advice: Please don't rush your MCA Filings. Wait for V3 Portal to get updated with all the necessary changes and coding" [X Link](https://x.com/CAHimankSingla/status/1979227895605211336) 2025-10-17T16:47Z 20.7K followers, [----] engagements "GST BREAKING NOTIFICATION: Extension of GSTR-3B for September month/ September Quarter till 25th October 2025" [X Link](https://x.com/CAHimankSingla/status/1979559956975173916) 2025-10-18T14:47Z 20.4K followers, 15.1K engagements "Thankyou @ManUtd Diwali vibes just turned a LOT more cracking and happier πππβ€π₯π₯π₯ VICTORY AGAINST LIVERPOOL π" [X Link](https://x.com/CAHimankSingla/status/1979964358852772150) 2025-10-19T17:34Z 20.4K followers, [----] engagements "Ready for AMBUSH π«Άππ₯π₯ My contribution to air pollution. π«‘π«‘" [X Link](https://x.com/anyuser/status/1980290402860327029) 2025-10-20T15:09Z 22.7K followers, 1M engagements "π¨ Tax on Diwali Gifts Know Before You Give or Receive πͺ While Diwali is all about giving the Income-tax Act [----] has its own rules on when a gift can become taxable. Heres a quick breakdown ππ§΅" [X Link](https://x.com/CAHimankSingla/status/1980478718792577282) 2025-10-21T03:38Z 20.5K followers, 26.4K engagements "GSTN clears long-standing doubts on ITC reporting in GSTR-9 (via FAQs released [--] Oct 2025) The FAQs cover Rule 37/37A reversals reclaims 8C/8H adjustments & Table [--] inclusions. Here's a summary of the entire reporting mechanism:" [X Link](https://x.com/CAHimankSingla/status/1980546211326357724) 2025-10-21T08:06Z 20.7K followers, 30.4K engagements "Only non BJP supporters have the ability to make a non BJP supporter vote for BJP from now on. π₯²π«‘ Trust a Harlot but not a sanghi https://t.co/uFKsgomgPT Trust a Harlot but not a sanghi https://t.co/uFKsgomgPT" [X Link](https://x.com/CAHimankSingla/status/1980621665374703803) 2025-10-21T13:06Z 20.5K followers, 16.4K engagements "The government is likely amend the Chartered Accountants Act [----] to relax restrictions on advertising by CAs and their firms. ICAI will also be revising its Code of Ethics and Advertisement Guidelines to align with this proposal. #ICAI #CharteredAccountant #Audit #Finance" [X Link](https://x.com/CAHimankSingla/status/1981578219242594697) 2025-10-24T04:27Z 20.7K followers, 18.2K engagements "GST Department across Punjab is personally calling professionals and taxpayers asking them to file GSTR-3B on 24th October itself even though the due date is 25th October [----] If the States internal accounting mechanism credits its tax share only up to the 24th that's purely an administrative or system issue and not a taxpayers fault. Why make genuine taxpayers feel like they owe an explanation for simply following the law Why create pressure when compliance is already assured within the prescribed deadline Taxpayers cannot be penalised or pressurised for inefficiencies in inter-governmental" [X Link](https://x.com/CAHimankSingla/status/1981675024349077611) 2025-10-24T10:51Z 20.7K followers, 25.4K engagements "AIS TIS stopped ππ»π‘π§" [X Link](https://x.com/CAHimankSingla/status/1981712180249829480) 2025-10-24T13:19Z 20.8K followers, [----] engagements "New UDIN related changes incorporated on UDIN website for reporting Audit Opinion of assesssees. Just [--] days before tax audit deadline π’" [X Link](https://x.com/CAHimankSingla/status/1981950781935988948) 2025-10-25T05:07Z 20.7K followers, 21.4K engagements "GST registration to get 3-day auto approval from Nov 1: FM Nirmala Sitharaman. ππ" [X Link](https://x.com/CAHimankSingla/status/1982124463433932898) 2025-10-25T16:37Z 20.7K followers, 12.3K engagements "Message from Central Council Member CA Pankaj Shah sir regarding UDIN creation for Auditors Opinion Members are advised to note the following important points while generating UDINs for Auditors Opinions: β Unless you specifically intend to qualify that the Balance Sheet and Profit & Loss Account do not present a true and fair view the appropriate selection for Type of Opinion should be Unmodified Opinion. β For the fields relating to Key Audit Matters Emphasis of Matter Disclaimer or Others the correct response would normally be No unless any material item directly affecting the books of" [X Link](https://x.com/CAHimankSingla/status/1982138331015299217) 2025-10-25T17:32Z 20.6K followers, 29K engagements "IN LOVE WITH THIS MANCHESTER UNITED TEAM & RUBEN AMORIM π₯π HE IS HIM. https://t.co/C3zUUyWx9h HE IS HIM. https://t.co/C3zUUyWx9h" [X Link](https://x.com/CAHimankSingla/status/1982152167617093962) 2025-10-25T18:27Z 20.6K followers, [----] engagements "Ministry of Corporate Affairs (MCA) extends CRA-4 (Cost Audit Report in XBRL format) filing deadline to December [--] 2025" [X Link](https://x.com/CAHimankSingla/status/1982843639362687135) 2025-10-27T16:15Z 22.4K followers, [----] engagements "@DEEPKORADIA @Infosys_GSTN Same issue faced but tabs got enabled 2-3 days back. Technical glitch at most" [X Link](https://x.com/CAHimankSingla/status/1982845444419199410) 2025-10-27T16:22Z 20.6K followers, [---] engagements "26AS down GST maintenance [--] π€¦β Peak Tax Audit season CA professionals - server What is this behaviour departments coordination" [X Link](https://x.com/CAHimankSingla/status/1982899532607492266) 2025-10-27T19:57Z 20.8K followers, 15.1K engagements "GSTN shall be enhancing services on the GST portal on 29th Oct'25 12:00 AM onwards. GST Portal services will not be available until 29th Oct25 07:00 AM. 2nd consecutive day right in the middle of peak tax audit season Absolute mockery of professionals" [X Link](https://x.com/CAHimankSingla/status/1983210290289213543) 2025-10-28T16:32Z 20.7K followers, [----] engagements "7 days additional extension needed for Tax Audit Reports Who all agrees Do you really need an extension for the ITR due date Ideally no extension is necessary as sufficient time has already been provided. However according to court orders and law it is mandatory and I am confident that @IncomeTaxIndia will issue a notification soon. Do you really need an extension for the ITR due date Ideally no extension is necessary as sufficient time has already been provided. However according to court orders and law it is mandatory and I am confident that @IncomeTaxIndia will issue a notification soon" [X Link](https://x.com/CAHimankSingla/status/1983367447584686449) 2025-10-29T02:57Z 20.8K followers, 52.5K engagements "Good News on ITR Due Date Extension Just received a call from a friend in Delhi who has confirmed from reliable Board sources that the due date for ITR filing is likely to be extended soon. Heartfelt thanks to our Judicial System for Directing the CBDT in the larger interest of taxpayers and the public at large. @cajindal (Jalandhar)" [X Link](https://x.com/CAHimankSingla/status/1983506057738727719) 2025-10-29T12:07Z 20.7K followers, 43.7K engagements "CBDT CIRCULAR BREAKING: Extension of timelines for filing of various reports of audit and Income Tax Returns (ITRs) for the Assessment Year 2025-26. Form 3CA/3CB-3CD/ Form 10B & 10BB due date - 10th November [----] ITR due date for 3CA/3CB-3CD cases/ all Companies/ Audited firm partners/10B & 10BB Trusts - 10th December 2025" [X Link](https://x.com/CAHimankSingla/status/1983785803240370238) 2025-10-30T06:39Z 20.9K followers, 30.4K engagements "So its official now as per CBDT Circular: β For non-Transfer Pricing Audit cases Form 3CA/3CB-3CD/ Form 10B & 10BB due date - 10th November [----] ITR due date for 3CA/3CB-3CD cases/ all Companies/ Audited firm partners/10B & 10BB Trusts - 10th December [----] β For Transfer Pricing Audit Cases 3CA/3CB-3CD due date - 31st October [----] 3CEB due date - 31st October [----] ITR due date for TP audit cases - 30th November 2025" [X Link](https://x.com/CAHimankSingla/status/1983794072495256010) 2025-10-30T07:12Z 20.9K followers, 26.2K engagements "Form 3CEB Extension Update The Hon'ble Delhi HC today has heard a writ petition today for extension of time limit to file Form 3CEB . The matter has been kept tomorrow for the Department to take instructions on extending the timeline. During the course of the hearing the Judges posed a question to the Revenue as to why the date cannot be extended to 10/11/2025 which is the same as the date of filing the TAR as per the circular . Same pattern again. π€£ https://twitter.com/i/web/status/1983901807152918781 https://twitter.com/i/web/status/1983901807152918781" [X Link](https://x.com/CAHimankSingla/status/1983901807152918781) 2025-10-30T14:20Z 22.4K followers, 19.9K engagements "While its true that Chartered Accountancy (CA) is technically a professional qualification and not a conventional academic degree its important to note that the Government of India and the UGC have officially recognized the CA qualification as equivalent to a Post Graduate Degree. As per the ICAI Press Release dated 16th March [----] issued by the Public Relations Committee of the Institute of Chartered Accountants of India the CA qualification has been declared equivalent to a Post Graduate Degree for all practical and academic purposes. Link for the same:" [X Link](https://x.com/CAHimankSingla/status/1984178430343250228) 2025-10-31T08:39Z 20.8K followers, 38.5K engagements "Form 3CEB & LLP Form [--] extensions incoming ππ BREAKING π¨ PM Modi to address the nation at [--] PM today What its going to be https://t.co/eS7ut85586 BREAKING π¨ PM Modi to address the nation at [--] PM today What its going to be https://t.co/eS7ut85586" [X Link](https://x.com/CAHimankSingla/status/1984189998187561055) 2025-10-31T09:25Z 20.7K followers, 12.7K engagements "Marcus Rashford - the kid from Manchester β€ β½ Scored on his Europa League debut β½ Scored twice on his Premier League debut β½ Scored on his EFL Cup debut β½ Scored on his FA Cup debut β½ Scored on his England senior debut β½ Scored a hattrick on his England U21 debut β½ Scored on his Champions League debut β½ Scored on his Manchester Derby debut Forever a RED β€π Happy birthday @MarcusRashford β€ https://t.co/5V2KzhYcQj Happy birthday @MarcusRashford β€ https://t.co/5V2KzhYcQj" [X Link](https://x.com/CAHimankSingla/status/1984296501737345114) 2025-10-31T16:28Z 20.8K followers, [----] engagements "GST PORTAL MAJOR UPDATE: The GST common portal has operationalized the simplified registration route that enables registration within [--] working days for eligible low-risk applicants (Aadhaar authentication mandatory). Applicants should ensure all prescribed documents are uploaded to avoid delay. Registration in [--] days for small & non-risky taxpayers π₯Ήπ₯Ήπ₯π₯" [X Link](https://x.com/CAHimankSingla/status/1984473773265830325) 2025-11-01T04:13Z 20.8K followers, 28.6K engagements "Regarding NOC & Fees realization for CAs received this suggestion from a fellow professional. π₯Ή I suggest adding it to Section 43B of Income Tax Act [----] Thoughts π’" [X Link](https://x.com/CAHimankSingla/status/1984575879062897072) 2025-11-01T10:58Z 20.8K followers, [----] engagements ""Good turnover" you say Let's put that in perspective. The scheme allows up to [---] lakh of ITC per month. Even assuming a modest 5% output tax rate that translates to roughly [--] lakh of B2B sales every month. Thats not exactly a small-scale operation. For genuine small and mid-sized businesses especially in smaller towns and cities where every compliance requirement feels heavier than the business volume itself this new system is genuinely progressive. It eases entry reduces delays and encourages formalization without unnecessary procedural hurdles. Instead of dismissing it by saying itll be" [X Link](https://x.com/CAHimankSingla/status/1984644821412430230) 2025-11-01T15:32Z 20.8K followers, 14.5K engagements "BREAKING: TRACES PORTAL ADVISORY: TIME LIMIT FOR FILING CORRECTION STATEMENTS (TDS/TCS) HAS BEEN REDUCED TO [--] YEARS. As per section 397(3)(f) of Income Tax Act [----] deductor/collector may deliver a correction statement in such form and verified in such manner as may be prescribed to the prescribed authority within two years from the end of the tax year in which such statement is required to be delivered under the said clauses or under section [---] of the Income-tax Act [----]. Consequent to the above correction statements for FY 2018-19 (Qtr. 4) FY 2019-20 to 2022-23 (Qtr. [--] to Qtr. 4) and FY" [X Link](https://x.com/CAHimankSingla/status/1985033071784042737) 2025-11-02T17:15Z 21.4K followers, 40.7K engagements "CA Results 11am today β Best of luck to all π₯" [X Link](https://x.com/CAHimankSingla/status/1985194468484747414) 2025-11-03T03:56Z 20.8K followers, 16.4K engagements "I hope everyone on X who sees this tweet also sees "SUCESSFUL" today in his/her CA results marksheet π Results will be announced at around 11am. π€π»" [X Link](https://x.com/CAHimankSingla/status/1985214249724268765) 2025-11-03T05:15Z 20.8K followers, [----] engagements "Congratulations to [-----] new CAs among us π₯π₯β€" [X Link](https://x.com/CAHimankSingla/status/1985218272107929918) 2025-11-03T05:31Z 20.8K followers, 12K engagements "11466 new CAs as per Official ICAI Results. But on X [-------] new CAs ππ»βππ»β Every attempt same story π₯Ήπ€£" [X Link](https://x.com/anyuser/status/1985227166028804537) 2025-11-03T06:06Z 22.7K followers, 50.8K engagements "@DEEPKORADIA @TaxationUpdates @cbic_india @Infosys_GSTN @GST_Council Is it available in pdf format sir All Charts combined So we can print it and keep in our office" [X Link](https://x.com/CAHimankSingla/status/1985491247440826778) 2025-11-03T23:36Z 20.8K followers, [----] engagements "Groww IPO just hit full retail subscription in [---] hours. [---] lakh applications already in. GMP at 17%. Thats not hype is it" [X Link](https://x.com/CAHimankSingla/status/1985611832422515138) 2025-11-04T07:35Z 20.8K followers, 109.3K engagements "One of the best most balanced takes on the years most talked-about IPO - by @srthahuja. A logical data-driven breakdown of the Lenskart story. The valuation debate misses context: its built on over a decade of steady growth profitability & investor compounding. Top institutions like SBI MF HDFC MF ICICI Pru & Kotak backed it in the anchor round. And unlike many founders who get free ESOPs Piyush Bansal actually took a loan to buy his shares and has committed to a lock-in period - real conviction not hype" [X Link](https://x.com/CAHimankSingla/status/1985662466857324600) 2025-11-04T10:56Z 20.8K followers, 53K engagements "One of the best most balanced takes on the years most talked-about IPO - by @srthkahuja A logical data-driven breakdown of the Lenskart story. The valuation debate misses context: its built on over a decade of steady growth profitability & investor compounding. Top institutions like SBI MF HDFC MF ICICI Pru & Kotak backed it in the anchor round. And unlike many founders who get free ESOPs Piyush Bansal actually took a loan to buy his shares and has committed to a lock-in period - real conviction not hype" [X Link](https://x.com/CAHimankSingla/status/1985670290228273377) 2025-11-04T11:27Z 20.8K followers, 16.3K engagements "Lenskart IPO - strong response across investor categories QIBs subscribed 40.3x NIIs 18.2x Retail 7.6x Total book shows broad-based participation and institutional confidence Whats driving interest: Clear leadership: #1 in India (5x the next player) #1 in SEA (3x the next) Vertically integrated model end-to-end tech stack EBITDA positive with improving margins (Q1FY26) Smart Glasses initiative with Qualcomm - potential to tap emerging TAM Short 10-month store payback strong repeat purchase rates Expanding international base across SEA and GCC (India TAM $9bn Global $20bn) A business with" [X Link](https://x.com/CAHimankSingla/status/1986116082252533777) 2025-11-05T16:59Z 20.9K followers, 24.1K engagements "Groww IPO ka retail portion almost [--] ho gaya hai HNI ka [----]. Overall [----] Grey market me [--] premium dikh raha hai listing ke din tak thoda action dikhega. Par fundamentals strong hai big bulls like Madhu Kela Utpal Seth and Sunil Singhania are also backing Retail mein allotmentmushkilhai" [X Link](https://x.com/CAHimankSingla/status/1986388116119429308) 2025-11-06T11:00Z 20.8K followers, 116.8K engagements "Whenever I am in Chandigarh I always visit my principals back at my articleship firm Jain & Associates. Whenever I step in it all comes flooding back late-night tax audit seasons those endless client visits finalizing balance sheets at 11:30 PM and the sheer chaos before every due date. Back then it felt exhausting but today it feels priceless. That small office taught us more about deadlines discipline and teamwork than any textbook ever could. Some places are more than workplaces theyre milestones. β€ @CARattanKaur @krishanmangawa" [X Link](https://x.com/CAHimankSingla/status/1986427480459387238) 2025-11-06T13:36Z 20.9K followers, 39.9K engagements "100% of Balance Sheets in our office were signed and certifed in accordance with ICAI Guidance Note of Non-Corporates. π₯ It was hard but we are definitely more prepared for the next tax audit seasons What about you all π«‘" [X Link](https://x.com/CAHimankSingla/status/1988177434760626482) 2025-11-11T09:30Z 20.9K followers, 20.3K engagements "Supreme Court protects Practicing Chartered Accountant : Held that merely issuing Form 15CB under the Income-Tax Act does not amount to abetment of money laundering. In this case a Chartered Accountant had issued Form 15CB for remittances related to import of goods as required by the bank. Later the Enforcement Directorate (ED) alleged that the company had illegally transferred money abroad and accused the CA of abetting the offence under the Prevention of Money Laundering Act (PMLA). The Madras High Court while granting relief observed that: A Chartered Accountant is not required to verify" [X Link](https://x.com/CAHimankSingla/status/1988418122014130226) 2025-11-12T01:26Z 20.8K followers, 47.2K engagements "The recent conviction of Azam Khan & his son in the dual PAN matter has once again underlined a very simple rule: β Every individual is permitted to hold one and only one PAN. Possessing more than one is a clear violation of law and can attract a penalty of [-----] under Section 272B along with the possibility of prosecution in aggravated situations. If someone has unintentionally ended up with two PANs often due to old applications data entry errors or migration from paper to online systems then the safest approach is to surrender the duplicate PAN without delay through the NSDL/UTIITSL portal" [X Link](https://x.com/CAHimankSingla/status/1990613277613953383) 2025-11-18T02:49Z 20.8K followers, 20.5K engagements "A lot of promotional content is circulating about easy instalment purchases of overseas properties. The offers may look attractive but Indian residents must proceed with caution. Under FEMA an Indian resident cannot buy property outside India through instalments deferred payment plans or by taking any loan abroad. These structures are not permitted capital account transactions and may expose the buyer to serious compliance breaches under FEMA. Before signing up for any such scheme ensure the mode of payment is fully permissible under FEMA and routed strictly through allowed banking channels." [X Link](https://x.com/CAHimankSingla/status/1990721100695941179) 2025-11-18T09:57Z 20.8K followers, 23.3K engagements "Honestly we CAs are not so insecure. Just be truthful and straightforward. If you're planning to move to another CA say it politely and clearly. It's a professional relationship and as long as you communicate honestly there's no awkwardness or difficulty at all. How do you tell your CA that youre moving to another CA Any tips on saying it directly or indirectly How do you tell your CA that youre moving to another CA Any tips on saying it directly or indirectly" [X Link](https://x.com/CAHimankSingla/status/1990988123182887388) 2025-11-19T03:38Z 20.9K followers, 14.1K engagements "I am so so fortunate that the very first time I saw any football match on the television it was Manchester United with Rooney & Ronaldo in the team. Rooney is the one who made me fall in love with Manchester United Football Club. Wayne Rooney - Simply the greatest English player of all time & Manchester United's greatest ever player. πβ€ For me the best ever https://t.co/aZklHIN6ra For me the best ever https://t.co/aZklHIN6ra" [X Link](https://x.com/CAHimankSingla/status/1991193999433167272) 2025-11-19T17:16Z 21K followers, [----] engagements "X is turning into LinkedIn day by day. A candidate was supposed to join us on Monday. He emailed us yesterday asking us to match the offer of the other company - it was higher by almost [--] Lakhs. We responded to him immediately that we can't do that - and if he's not interested we'll withdraw our offer. If he wants A candidate was supposed to join us on Monday. He emailed us yesterday asking us to match the offer of the other company - it was higher by almost [--] Lakhs. We responded to him immediately that we can't do that - and if he's not interested we'll withdraw our offer. If he wants" [X Link](https://x.com/CAHimankSingla/status/1991714920401105392) 2025-11-21T03:46Z 20.9K followers, [----] engagements "MCA V3 Update : SPICe+ Part B MCA has introduced a new change in SPICe+ Part B filing. Now Company Mobile Number and Email ID must be verified through OTP before submitting incorporation forms. β OTP for Mobile Mandatory β OTP for Email Mandatory β Applicable for all new company registrations This step ensures accurate contact details and avoids errors during company incorporation" [X Link](https://x.com/CAHimankSingla/status/1991794386334892073) 2025-11-21T09:02Z 21K followers, 12.1K engagements "GSTR [--] and GSTR 9C Status for FY 2024-25 Filed - 0% GSTR [--] and GSTR 9C Status for FY 2024-25 Filed -25% Pending for client confirmation - 36% Working on Data at Office -12% Waiting for data from client to start - 27% β¨ GSTR [--] and GSTR 9C Status for FY 2024-25 Filed -25% Pending for client confirmation - 36% Working on Data at Office -12% Waiting for data from client to start - 27% β¨" [X Link](https://x.com/CAHimankSingla/status/1991830666489803147) 2025-11-21T11:26Z 21.4K followers, [----] engagements "Friends I came across this new Lenskart AI Powered Specs. And this feature of looking at meal & doing all calories count plus suggesting me what I should eat looking at my health condition. I must give a shout-out to Lenskart people. This helps me soooo much coz I eat almost anything & then later regret harming my body. But with this new specs I look after my life more smartly without always contacting a dietician and going through those grilling sessions" [X Link](https://x.com/CAHimankSingla/status/1991894251488358518) 2025-11-21T15:39Z 21K followers, 200.6K engagements "Revamp needed for ROC rules related to Private Companies in my view: β AGM exemption for Pvt & Small Companies: Most AGMs for small companies are just paper-based formalities held only because ROC filings require them. Removing this requirement would save time compliance burden and unnecessary costs for small businesses. β Make Secretarial Audit compulsory: Surprisingly many companies have significant lapses especially in areas like loans guarantees related-party matters and statutory disclosures. A mandatory Secretarial Audit would ensure proper reporting and bring more transparency into" [X Link](https://x.com/CAHimankSingla/status/1992622414615007529) 2025-11-23T15:52Z 21.4K followers, 17.8K engagements "Respected FM @nsitharamanoffc @FinMinIndia π @HelpdeskMCA21V3 late fees has become a very heavy burden especially for small companies. A reasonable cap is urgently needed. Also forms filed within due dates should not attract any filing fees at all. These are statutory filings and charging fees for timely compliance serves no real purpose and seems unjustified and illogical. Time to bring a small and rational change here that will give big relief to businesses" [X Link](https://x.com/CAHimankSingla/status/1992814294140928361) 2025-11-24T04:35Z 21.3K followers, 13.3K engagements "India's worst website hands down. MCA V3 Portal And to say it bluntly : the one platform meant to ease statutory compliance has instead made even the most routine filings feel like a punishment. Its a daily struggle. π" [X Link](https://x.com/CAHimankSingla/status/1992998329522045073) 2025-11-24T16:46Z 21.3K followers, 10.7K engagements "BREAKING: MCA Set to Exempt Companies with Turnover up to Rs [--] Crore from Statutory Audit Bad move Would result in lot of lapses in small companies" [X Link](https://x.com/CAHimankSingla/status/1993322131405652323) 2025-11-25T14:13Z 21.4K followers, 345.3K engagements "GST Audits. gone. Bank Audits. gone to a large extent Small Companies Audit. will be gone soon. Only audit left would be Income Tax Audits. How will the SME CA firms survive in our country π’ What would the practicing CAs out of [--] lakh CAs by [----] even do in their practice" [X Link](https://x.com/CAHimankSingla/status/1993345950967119999) 2025-11-25T15:48Z 21.4K followers, 372.6K engagements "Most of these pre-IPO profits are nothing but cosmetic accounting gains eg. fair-value revaluations one-time write-backs deferred expenses or exceptional items. The core operations dont suddenly transform in [--] months. If you remove these one-offs and look only at recurring EBITDA + operating cash flow the picture is almost the same as before: weak margins and inconsistent profitability. But retail rarely reads footnotes so the herd mentality takes over. π MamaEarth Lenskart now BoAT and many more IPOs in India - all of them were loss making businesses till just [--] year before the IPO For IPO" [X Link](https://x.com/CAHimankSingla/status/1993351960062574756) 2025-11-25T16:11Z 21K followers, [----] engagements "The only true differentiator for our profession has always been Audit. Only Chartered Accountants across the world are legally empowered to audit and thats what makes our qualification stand apart. But look around today GST Audits - abolished Bank Audits - drastically reduced Small Companies Audit - likely to go next Soon the only audit left may be Income Tax Audit. If this is the direction how are SME CA firms expected to survive If this continues the future of the profession wont be about competence - it will simply be about shrinking opportunities. Are we heading towards a scenario where" [X Link](https://x.com/CAHimankSingla/status/1993517343998451739) 2025-11-26T03:09Z 21.4K followers, 27.9K engagements "All of this sounds great in theory. But come down to Tier-2 / Tier-3 cities and see the ground reality. SME businesses here dont want AI-driven dashboards model audits or predictive analytics. They want basic compliance at affordable cost and thats exactly what small and mid-size CA firms serve. Not every client is an MNC with SAP + automation budgets. The economy is built on MSMEs and they still need statutory checks independent assurance and human judgment and not just buzzwords. Technology has a role yes. But to say audits will disappear and AI will replace everything is far from the real" [X Link](https://x.com/CAHimankSingla/status/1993522172028215724) 2025-11-26T03:28Z 21.2K followers, [----] engagements "GSTR [--] & 9C due date is 31st December [----]. But IDT Committee of ICAI has still not released Technical Guide on GSTR-9 and 9C for this year. π₯² So following @DEEPKORADIA sir's amazing charts & tables for the same π₯ Would recommend everyone the same for correct filing of GST Annual Returns. π" [X Link](https://x.com/CAHimankSingla/status/1993671563099709945) 2025-11-26T13:21Z 21.4K followers, 16.8K engagements "π§΅ An HUF can legally save you 40000100000+ every year. Yet 98% of Indians dont create one. Heres why this structure is so powerful ππ»" [X Link](https://x.com/CAHimankSingla/status/1993717742151877108) 2025-11-26T16:25Z 21.4K followers, 34.7K engagements "2/ An HUF (Hindu Undivided Family) is a separate taxpayer under the Income Tax Act. It gets its own: PAN Bank account Tax slab 80C limit Your family basically gets another entity to earn invest & plan taxes" [X Link](https://x.com/CAHimankSingla/status/1993717746593620166) 2025-11-26T16:25Z 21.3K followers, [----] engagements "3/ Where do the savings come from An HUF can: Use its own basic exemption Claim separate deductions Receive family gifts Hold ancestral assets Create its own capital gains profile This reduces the tax load on the main earner" [X Link](https://x.com/CAHimankSingla/status/1993717750703993210) 2025-11-26T16:25Z 21.3K followers, [----] engagements "4/ Under the New Tax Regime the real benefit is income separation. Youre creating a second person with: 3L basic exemption + standard deduction Slabs up to 7L (rebate) Separate LTCG & STCG computation The right income routed here = meaningful yearly savings" [X Link](https://x.com/CAHimankSingla/status/1993717754944495980) 2025-11-26T16:25Z 21.3K followers, [----] engagements "5/ What can an HUF actually do β Invest in equity MFs ETFs β Build a separate compounding portfolio β Hold family property β Receive marriage gifts (exempt) β Make succession smoother Completely legal. Completely practical" [X Link](https://x.com/CAHimankSingla/status/1993717759398801532) 2025-11-26T16:25Z 21.3K followers, [----] engagements "6/ If you want to invest or trade through your HUF use a platform that supports it well. Dhan lets you open an HUF demat in [--] minutes: Free and Digital HUF onboarding Invest in stocks ETFs and MFs at Rs. [--] Brokerage Clean family-level portfolio tracking Perfect for long-term tax-efficient wealth" [X Link](https://x.com/CAHimankSingla/status/1993717882698818033) 2025-11-26T16:25Z 21.3K followers, [----] engagements "7/ Bottom line: Most people skip HUF simply because they dont know about it. But for families with rental income capital gains or ancestral assets - its one of the simplest ways to cut taxes & build generational wealth" [X Link](https://x.com/CAHimankSingla/status/1993718079038411134) 2025-11-26T16:26Z 21K followers, [----] engagements "Easy to say all this when youre sitting in Bombay/Bangalore - but for a CA in a Tier-2/3 city the profession doesnt look the same and the market doesnt behave the same. In smaller cities: β‘ Businesses dont pay for value until the law forces them. β‘ Compliance is survival because advisory clients are limited and price-sensitive. β‘ If audits go away there isnt a consulting pipeline magically waiting to replace it. Not because we dont want to upskill (which you so casually use as an insult it seems) but because the ecosystem maturity is worlds apart. Most small-city CAs arent lazy or" [X Link](https://x.com/CAHimankSingla/status/1993740824555999359) 2025-11-26T17:57Z 21.3K followers, 34K engagements "Preparations underway for today's (27 Nov 2025) Career in Accounting and Finance for Youth (CAFY) & Super Mega Career Counselling Programme being organised by Sangrur Branch of NIRC of ICAI. This ICAI national initiative guides school & college students on careers in Commerce Finance and the CA profession and will inspire 400+ students who will be joining us today from various schools of the region. π₯π₯π₯Ή" [X Link](https://x.com/CAHimankSingla/status/1993856811930407063) 2025-11-27T01:38Z 21.3K followers, [----] engagements "6% interest on delayed GST refund - and that refund clock starts only after their entire verification marathon is over and only if [--] days have been passed from acceptance of Refund. 18% interest on delayed GST payment - meter starts from day one no questions asked. Such imbalance why this Kolaveri Di π₯² 6% interest on Late Payment of Income Tax Refund. Interest on Income Tax is considered as Taxable Income. 12% Interest on Late Payment of Income Tax. This is not a Tax Deductable Expense. Why this Kolaveri Di 6% interest on Late Payment of Income Tax Refund. Interest on Income Tax is" [X Link](https://x.com/CAHimankSingla/status/1994077033543159970) 2025-11-27T16:13Z 21.4K followers, 14K engagements "Today is the final day to generate UDIN for audits where the AGM was held on 30th September [----]. Members who have signed any reports or certificates linked to such AGMs are advised to ensure UDIN is generated before the window closes to maintain full compliance. The 60-day UDIN window from the date of signing (30-09-2025 to 28-11-2025) ends today ππ»" [X Link](https://x.com/CAHimankSingla/status/1994244055904211142) 2025-11-28T03:16Z 21.4K followers, 23.3K engagements "@mmvora369 @jamtaara @IncomeTaxIndia @PMOIndia @FinMinIndia @theicai HUF cant have salary income. What even are you saying" [X Link](https://x.com/CAHimankSingla/status/1994264622413832542) 2025-11-28T04:38Z 21.3K followers, [--] engagements "π India's new Rent Agreement Act [----] is here β Every tenancy must have a digitally stamped and online-registered rent agreement filed within [--] days of signing. β Residential security deposit cannot exceed two months rent β Commercial tenancy cannot exceed six months rent. β Rent can be revised only after completion of [--] months and only when a 90-day written notice is served by the landlord. β If essential repairs are reported the landlord is legally bound to complete them within [--] days before the tenant can adjust the cost from rent. β Landlords must give a minimum of 24-hour written" [X Link](https://x.com/CAHimankSingla/status/1994602099502715139) 2025-11-29T02:59Z 21.5K followers, 735.1K engagements "Dear @Infosys_GSTN My colleague @ketanca25 applied for a GST cancellation request on 31st August. More than [--] months have passed and no action no update no accountability. There are strict timelines and penalties for taxpayers but none for the officers handling these applications. If delays from the department are cost-free how will Ease of Doing Business ever become reality @nsitharamanoffc @nsitharaman" [X Link](https://x.com/CAHimankSingla/status/1994635439387676965) 2025-11-29T05:12Z 21.4K followers, 13.3K engagements "Dear @ruwatiaofficial sir One of the new CA members of our region is unable to register on Income Tax Portal as CA due to the error. Invalid PAN Please enter valid PAN The PAN has been updated on SSP Portal already but still this error is persisting. How to resolve the same @theicai" [X Link](https://x.com/CAHimankSingla/status/1994672282028155053) 2025-11-29T07:38Z 21.4K followers, [----] engagements "Requesting @theicai UDUN Directorate to give one-time relaxation for generating UDINs for genuine cases where members may have forgot to generate the same. ππ» It would be in the kind benefit of all stakeholders. ππ»ππ» @CAHimankSingla Sir I couldn't generate udin till yesterday please guide for further action i should takeππ @CAHimankSingla Sir I couldn't generate udin till yesterday please guide for further action i should takeππ" [X Link](https://x.com/CAHimankSingla/status/1994706756489154693) 2025-11-29T09:55Z 21.4K followers, 13.3K engagements "Big GST Shockwaveβ‘ J&K & Ladakh High Court rules that trade with PoK is NOT foreign but it is Intra-State supply because PoK remains part of Indian territory. Result: CGST + SGST apply - NOT IGST. A legal reminder to the world: PoK is India" [X Link](https://x.com/CAHimankSingla/status/1994713559176012232) 2025-11-29T10:22Z 21.4K followers, 76.5K engagements "Indian govt. orders WhatsApp Telegram & other platforms to ensure that their services cannot be used unless the user has an active SIM card in their device. And to log out web-based chat sessions every six hours. π€·π»βπ€·π»β" [X Link](https://x.com/CAHimankSingla/status/1994982180855189815) 2025-11-30T04:09Z 21.4K followers, [----] engagements "π¨ BIG BREAKING π¨ Finance Minister to table the Health Security & National Security Cess Bill [----] and Central Excise (Amendment) Bill [----] in Lok Sabha tomorrow. πΉ Cess on pan masala & gutkha to be levied under the new Bill πΉ Cigarettes cess to be introduced via amendment to the Central Excise Act πΉ No change in cess rates current GST cess rates will continue π The existing GST Compensation Cess on these products will now be replaced by the new cesses" [X Link](https://x.com/CAHimankSingla/status/1995127850211725447) 2025-11-30T13:48Z 21.4K followers, 34.5K engagements "π€·π»β Ease of Doing Business. Reality Check. [--] days ago a client walked in excited to incorporate his new venture as a company. Today he walked out saying: Forget this company idea. Just register a partnership firm with a notarised deed. At least I will get to start business early and focus on business not OTPs. Forming a company today easily triggers [----] OTPs across stages: 3-4 OTPs just for Digital Signatures [--] OTPs for company data verification [--] OTPs for director data verification [--] OTPs inside AGILE filing 3-4 OTPs for creating/resetting MCA login credentials And the worst part If the" [X Link](https://x.com/CAHimankSingla/status/1995189615163285891) 2025-11-30T17:54Z 21.5K followers, 28.5K engagements "@dIGVijA27214584 @volklub Best buy I ever made too Honda Elevate is different class π₯π" [X Link](https://x.com/CAHimankSingla/status/1995326795382669613) 2025-12-01T02:59Z 21.4K followers, [---] engagements "@amits6050 How Write deed in [--] day notarize it and apply pan on same day. PAN comes within 2-3 days and we can start operations from there" [X Link](https://x.com/CAHimankSingla/status/1995354822292406323) 2025-12-01T04:50Z 21.4K followers, [----] engagements "INCOME TAX PORTAL ERROR: All ITRs being filed today for audited assessees are getting this error. It is advised to wait for changes in ITD Utility and updation in ITRJsonschema" [X Link](https://x.com/CAHimankSingla/status/1995363933520265301) 2025-12-01T05:26Z 21.4K followers, 16.8K engagements "π¨ Some Golden Rules for GSTR-9 β GST Tax Payable as per Table [--] = GST Tax Payable as per Table [--] (except negative ITC cases - very rare) β Table 8C of GSTR-9 = Table [--] of GSTR-9 = Table 12C of GSTR-9C (generally but very rare situations exist where it may not match) β Table 6A1 of GSTR [--] = Table 8C (& Table 13) of GSTR-9 of previous FY β Table 8C of GSTR-9 = GST ITC Not in 2B as per Books or ITC actually available in GSTR-2B upto 30th Nov (whichever is lower) β Ensure that Table 4G (Tax paid on RCM inward supplies) = Sum of Table 6C & 6D (Bifurcation of RCM ITC) β If GST Short paid was not" [X Link](https://x.com/CAHimankSingla/status/1995511881688363307) 2025-12-01T15:14Z 21.4K followers, 25.6K engagements "@Hemanthjn7 Did I tell you to buy that stock Did I give any entry recommendation" [X Link](https://x.com/CAHimankSingla/status/1995709427546997164) 2025-12-02T04:19Z 21.4K followers, [---] engagements "@ca_whotravels jersey le aao Manchester United ki π₯Ή" [X Link](https://x.com/CAHimankSingla/status/1995885152439074836) 2025-12-02T15:57Z 21.4K followers, [---] engagements "Many professionals are facing the same issue. Income tax refunds of a large number of taxpayers are still pending. Clients are calling repeatedly and CAs are unable to provide timelines because no official communication has been issued on delays. If refunds are getting held up due to increased scrutiny this year it would be helpful if the @IncomeTaxIndia @FinMinIndia proactively informs taxpayers through SMS / emails / portal notification the same way "quick refund processing" was promoted earlier. A clear public update can: β Reduce anxiety among taxpayers β Prevent unnecessary follow-ups and" [X Link](https://x.com/CAHimankSingla/status/1996451943502520522) 2025-12-04T05:30Z 21.4K followers, 37.8K engagements "@kapsology @StarHealthIns This feels like an oversimplification. Health insurance premiums dont increase just like that. It is driven by the rising medical inflation product benefits frequency and severity of claims in a portfolio. It is implemented only after approval from the regulator" [X Link](https://x.com/CAHimankSingla/status/1996554302417219623) 2025-12-04T12:16Z 21.4K followers, [----] engagements "GST BREAKING: Notices for suo-moto cancellation of GST registration due to Rule 10A non-compliance have now formally started. β Taxpayers who have not furnished their bank account details on the portal within the prescribed timelines are receiving emails indicating immediate suspension of GSTIN with effect from the date mentioned in the notice. β The communication clearly states that if bank details are not updated within the stipulated time the suspension will automatically convert into cancellation. Businesses are advised to verify whether bank account details are correctly updated on the" [X Link](https://x.com/CAHimankSingla/status/1996794899874959579) 2025-12-05T04:12Z 21.4K followers, 17K engagements "Decoding GSTR-9: The Ultimate ITC Reporting Matrix for Annual Returns π₯π₯ Original Post Link: https://www.linkedin.com/posts/aditya-raj-singh-89925b27b_gst-gstr9-fy2425-activity-7402913320988561409-oqcR https://www.linkedin.com/posts/aditya-raj-singh-89925b27b_gst-gstr9-fy2425-activity-7402913320988561409-oqcR" [X Link](https://x.com/CAHimankSingla/status/1997894730810831099) 2025-12-08T05:03Z 22.3K followers, 25.7K engagements "They will never close the Nehru chapter because it isn't about history it's about politics. Keeping the debate alive helps them avoid talking about unemployment inflation farmers exams women's safety MSMEs falling exports and real governance issues If they close it once for all what will they campaign on Make a list of all the mistakes of Jawaharlal Nehru: Priyanka Gandhi's jibe at PM Modi. https://t.co/eUIA1phin6 Make a list of all the mistakes of Jawaharlal Nehru: Priyanka Gandhi's jibe at PM Modi. https://t.co/eUIA1phin6" [X Link](https://x.com/CAHimankSingla/status/1998437421193769184) 2025-12-09T16:59Z 21.4K followers, 24.5K engagements "ICAI MAJOR BREAKING: Migration of UDIN Portal to ICAI DigiCA Platform The members are hereby informed that the Institute of Chartered Accountants of India (ICAI) is contemplating migration of the existing UDIN Portal to the ICAI DigiCA Platform on 20th December [----]. The upgraded system will provide improved interface better usability and enhanced features in line with the various decisions of the Council. To facilitate the migration the existing UDIN Portal will remain unavailable for UDIN related activities (generation/ verification) during the transition window for around [--] hours i.e." [X Link](https://x.com/CAHimankSingla/status/1999370946868887722) 2025-12-12T06:49Z 22.3K followers, 21.9K engagements "BIG RESET BY THE CENTRE The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) [----] is proposed to be renamed as the Pujya Bapu Grameen Rozgar Guarantee Bill [----]. And yes the short form is PUBG ππ€£" [X Link](https://x.com/CAHimankSingla/status/1999405512832745955) 2025-12-12T09:06Z 21.9K followers, [----] engagements "@AbhasHalakhandi I have another doubt regarding GTA mechanism. Suppose GTA opts RCM option then he makes supplies to an unregistered person how will the unregistered person discharge RCM Will the unregistered person have to take mandatory registration How will GTA ensure payment of taxes to government" [X Link](https://x.com/CAHimankSingla/status/1999670493838999670) 2025-12-13T02:39Z 21.4K followers, [----] engagements "π¨ BREAKING IMPORTANT COMPLIANCE UPDATE UDIN PARTICULARS : NOC DETAILS MADE MANDATORYπ¨ There is now a new disclosure relating to the No Objection Certificate (NOC) from the Previous Auditor at the time of UDIN generation on new DigiCA platform. Accordingly while generating UDIN for audit reports members will be required to appropriately capture particulars relating to the Previous Year auditor including confirmation of obtaining NOC / communication as mandated under the Code of Ethics wherever applicable Source: https://udin.icai.org/pdf/ICAI-DigiCA%20UDIN%20Portal%20Manual_Updated.pdf" [X Link](https://x.com/CAHimankSingla/status/2000876153016594646) 2025-12-16T10:30Z 22K followers, 29.3K engagements "GST Portal Update Alert : Smarter Credit Note Handling in IMS GSTN has rolled out an update on IMS Dashboard that brings much needed flexibility in handling credit notes. πΉ What's Changed - When accepting a credit note you can now choose whether to reduce ITC: - Yes - ITC gets reduced (default for eligible ITC) - No - ITC remains unchanged (useful if ITC was already reversed or never availed)" [X Link](https://x.com/CAHimankSingla/status/2001529277091844399) 2025-12-18T05:45Z 22.1K followers, 13.9K engagements "Honble Supreme Court has issued Notices in an Article [--] writ petition filed by @FADA_India challenging removal of Cess without any transitional mechanism for Cess ITC causing severe impact on automobile dealers. The issue will now be examined in detail by H SC. Supreme Court to hear today on the issue of accumulated compensation cess being lapsed This issue arose after removal of Compensation Cess on Automobiles after 22th Sept GST [---] Reforms https://t.co/9qBFzcA8KE Supreme Court to hear today on the issue of accumulated compensation cess being lapsed This issue arose after removal of" [X Link](https://x.com/CAHimankSingla/status/2001597613980946551) 2025-12-18T10:17Z 22.4K followers, [----] engagements "". there is an apparent significant gap between disclosures in the ITR & information as received from the Reporting Entities." Please tell me disclosure requirement of Purchase of Vehicles & Purchase of immovable property in ITR Please tell me where to disclose the same. You clowns will never accept your mistakes but keep justifying your deeds via some illogical tweet just to keep lowering the image of us professionals. Some references have come to the notice of the Income Tax Department regarding recent communication sent to taxpayers pertaining to transaction(s) made by them. Taxpayers may" [X Link](https://x.com/CAHimankSingla/status/2001631280841265667) 2025-12-18T12:31Z 22.2K followers, 63.9K engagements "Income Tax Portal vs GST Portal vs MCA V3 Portal vs EPFO Portal Rank these Portals from Worst to Best [--] being the worst and so on. π₯Ή For me [--]. EPFO [--]. MCA V3 [--]. Income Tax [--]. GST Portal" [X Link](https://x.com/CAHimankSingla/status/2001706316126130267) 2025-12-18T17:29Z 22.1K followers, 13.9K engagements "That email language from the @IncomeTaxIndia honestly needs a rethink. Lines like "we are treating this as an error for now but if you dont act it will be treated as a deliberate choice" sound less like a gentle reminder and more like last warning before trouble. For an ordinary taxpayer reading it the immediate reaction is panic not compliance. Most of these mismatches are not fraud. The email tone assumes intent even before giving the taxpayer a fair chance to explain. If the goal is voluntary compliance the communication should be calm informative and supportive something like "please" [X Link](https://x.com/CAHimankSingla/status/2001838053984456946) 2025-12-19T02:12Z 22K followers, 26.5K engagements "MCA V3 : A Missed Opportunity in System Design The rollout of MCA V3 was intended to be a transformational upgrade with modern interface faster processing and a future-ready compliance ecosystem. However in its current form it reflects a critical policy and implementation gap. The Government missed a clear opportunity by not introducing offline filing utilities on the lines of the Income-tax Return (ITR) offline utilities. When the entire system is dependent on continuous online availability even a minor technical disruption brings the compliance machinery to a standstill. Unlike ITR" [X Link](https://x.com/CAHimankSingla/status/2002209526188290548) 2025-12-20T02:48Z 22K followers, [----] engagements "ICAI BREAKING: New UDIN Portal is now ACTIVE Members may log in to the UDIN Portal using the same login credentials as used for SSP. http://www.udin.icai.org http://www.udin.icai.org http://www.udin.icai.org http://www.udin.icai.org" [X Link](https://x.com/CAHimankSingla/status/2002361183475806317) 2025-12-20T12:51Z 22.4K followers, 10K engagements "UDIN Portal credentials are same as SSP Login credentials now Ab agr koi principal transfer nahi de rha hoga to badia hai SSP Portal login kro and transfer request approve kro Mere time pr kyon nahi aaya ye feature π₯Ίπ₯Ί Needs to be looked at priority @theicai https://twitter.com/i/web/status/2002368270968721485 https://twitter.com/i/web/status/2002368270968721485" [X Link](https://x.com/CAHimankSingla/status/2002368270968721485) 2025-12-20T13:19Z 22.3K followers, 24.3K engagements "Speaking as a CA it is important for us to be careful before branding fellow taxpayers or worse fellow professional as indulging in tax evasion. Every incorrect claim is not concealment. With due respect labelling every such case as tax evasion is neither correct nor fair. Not all matters arise from concealment or deliberate misreporting. In many cases especially involving self-filers the error is purely procedural such as selecting the wrong section missing the donee PAN or not being fully aware of the distinction between Section 80G and Sections 80GGC / 80GGB. An otherwise eligible" [X Link](https://x.com/CAHimankSingla/status/2002423658690863425) 2025-12-20T16:59Z 22K followers, 12.6K engagements "No one is disputing that every deduction has a distinct section and a specific legislative purpose. However that principle cannot be stretched to conclude that every wrong section selection automatically amounts to wrongdoing. The Act itself recognises that human and procedural errors do occur which is why remedies like Rectification exist. A mistake becomes "apparent from the record" when the facts are already on record and are undisputed and only their application or classification is incorrect. Where the nature of donation payment details and donee PAN clearly establish it as a political" [X Link](https://x.com/CAHimankSingla/status/2002429173948989741) 2025-12-20T17:21Z 22K followers, [----] engagements "Why cant the @IncomeTaxIndia Department prescribe a reasonable threshold for reporting foreign shares of employees organisations Even investments below [-----] are being required to be reported leading to unnecessary mental stress for taxpayers (salaried in most cases) In most ESPP / ESOP cases tax is already paid at the time of vesting or allotment. If the income is already taxed why is the same employee again subjected to compliance pressure only on account of disclosure in Schedule FA The larger issue is practical. In nearly 90% of cases employees do not even have access to proper data or do" [X Link](https://x.com/CAHimankSingla/status/2002724256749359213) 2025-12-21T12:54Z 22.2K followers, 21.1K engagements "Cost of applying for a DIN: [---] + Professional Fees β Cost of not mentioning it: [-------] β What happens if we dont comply This question comes up repeatedly in corporate governance discussions with clients and the answer is often underestimated. Merely having a DIN is not compliance. Mentioning the DIN is mandatory. Section [---] of the Companies Act [----] clearly requires that every return form or document filed under the Act must mention the Director Identification Number wherever the directors name appears. On paper this may look like a routine mechanical step just adding a number. In reality" [X Link](https://x.com/CAHimankSingla/status/2002784115607933345) 2025-12-21T16:51Z 22.1K followers, 38.1K engagements "UDIN website not working. MCA V3 not working. GSTR-9 & 9C are pending. Income Tax Deptt sending Notices to assessees for Foreign Assets disclosures & ITR-U etc. GST FY 2021-22 scrutiny cases deadline. Belated ITR due date not being extended in consonance with original ITR date extensions. Happy New Year in advance my professional friends. ππ₯Ή Practice was not meant to be this difficult and draining" [X Link](https://x.com/CAHimankSingla/status/2003152989612310953) 2025-12-22T17:17Z 22.1K followers, 24K engagements "New day. New drama by @IncomeTaxIndia Now if an employee hasn't reported any deduction claims to employer but has claimed those in ITR does that mean he is a tax evader Assessees claiming genuine deductions are receiving this email treating them as tax evaders and creating panic Also when will @IncomeTaxIndia serve Notice on the MLA who lit up Rs. [--] lakhs worth firecrackers on a wedding Probably never" [X Link](https://x.com/CAHimankSingla/status/2003303234224664717) 2025-12-23T03:14Z 22.3K followers, 217.5K engagements "Heinous Crimes in Vikshit Bharat: Corruption β Bribery β Getting caught with heaps of unaccounted cash at your homes β β Claiming your own ITR refund β Asking why the refund is delayed β Claiming a legitimate deduction β Not disclosing Rs. 1000/- worth of IndMoney US stocks" [X Link](https://x.com/CAHimankSingla/status/2003336157585956881) 2025-12-23T05:25Z 22.1K followers, 71.7K engagements "How to Report Foreign Assets in your ITR π«‘" [X Link](https://x.com/CAHimankSingla/status/2003387497393586537) 2025-12-23T08:49Z 22.3K followers, 38.4K engagements "Belated & Revised ITR due dates should be extended to 31st March [----] (due to flurry of Notices & Intimations in last [--] days) MCA Waiver for waiver of additional fees of Annual Filings should be extended to 31st March [----] (due to world-class outage of V3 Portal) GSTR-9 & GSTR-9C due date should be extended to 31st January [----] (as professionals may not have time to file considering above challenges and festive season) Due date to generate UDINs from 20th December should be extended by 15-20 days (till new UDIN Portal stabilizes) Enough is enough Systemic failures cannot be passed on to" [X Link](https://x.com/CAHimankSingla/status/2003487078588530912) 2025-12-23T15:25Z 22.3K followers, 23.6K engagements "Today: Let's do MCA V3 filings. Oops V3 isnt working (No surprise). Never mind let's check Income Tax Notices of deductions. Oops these clients are in New Regime - there is no question of deductions. Nothing seems to be working. Let me just update UDINs on Income Tax Portal. What the hell UDINs are not getting updated by Income Tax Portal due to new UDIN website issues π€·π»β Happy New Year to all of us professionals in advance. No rest this year" [X Link](https://x.com/CAHimankSingla/status/2003507905862189383) 2025-12-23T16:48Z 22.1K followers, [----] engagements "Dear @theicai AY 2026-2027 is not appearing in UDIN drop-down list. How to make GST related UDINs of ITC Forms or Refund Applications where CA Certification is required Same is case for 15CA-CB and various other Certifications of Income Tax. @ruwatiaofficial @abhishekrajaram @RajeshSharmaBJP ππ»ππ» https://twitter.com/i/web/status/2003770672464666704 https://twitter.com/i/web/status/2003770672464666704" [X Link](https://x.com/CAHimankSingla/status/2003770672464666704) 2025-12-24T10:12Z 22.3K followers, [----] engagements "Reviewed Lenskarts H1 FY26 financials. [----] Cr revenue and [---] Cr PAT in six months indicates strong operating discipline. Profit scaling alongside revenue is always a good sign in retail. This suggests a business that has crossed the execution risk phase. Numbers look consistent and controlled. Lenskart Quarter Report https://drive.google.com/file/d/1LAjkbdAgYBqh1DR-QecmvtU_RwjA4rl5/view https://drive.google.com/file/d/1LAjkbdAgYBqh1DR-QecmvtU_RwjA4rl5/view https://drive.google.com/file/d/1LAjkbdAgYBqh1DR-QecmvtU_RwjA4rl5/view" [X Link](https://x.com/CAHimankSingla/status/2003873280944705989) 2025-12-24T16:59Z 22.3K followers, 565.2K engagements "Dear @IncomeTaxIndia @nsitharaman @nsitharamanoffc @FinMinIndia Yet another unwarranted harassment by CPC. For ITR-U filed by taxpayers Interest u/s 234B is being levied till date of processing instead of date of filing This is a clear misinterpretation of Section 234B law and results in unjustified demands. When will the harasament end for taxpayers in this country Should the taxpayer go in Appeal in every case Why don't you issue suo-moto instructions to CPC to rectify these Intimations ANOTHER EXAMPLE OF HOLLOW & BAD GOVERNANCE https://twitter.com/i/web/status/2004034162853138847" [X Link](https://x.com/CAHimankSingla/status/2004034162853138847) 2025-12-25T03:39Z 22.4K followers, 39.2K engagements "Another unwarranted harassment by CPC When tax is payable under MAT the Act itself mandates filing of Form 29B duly certified by a CA. Then why is CPC issuing Intimation of Proposed Adjustment / Incorrect claim u/s 143(1)(a) for cases where Form 29B applicability dont exist and tax is payable under normal provisions only Mechanical processing without applying mind to MAT provisions is causing unnecessary harassment etc. again to taxpayers and maligns image of tax professionals. CPC must align processing logic with the law. https://twitter.com/i/web/status/2004061214431932587" [X Link](https://x.com/CAHimankSingla/status/2004061214431932587) 2025-12-25T05:26Z 22.3K followers, 31.6K engagements "Compliance Alert Reminder : MCA Filings Missing the 31st December [----] deadline can cost companies [----] overnight. π³ If AOC-4 and MGT-7 / MGT-7A are not filed by 31-12-2025 late fees becomes applicable from the morning of [--] January [----]. β‘ [----] for AOC-4 β‘ [----] for MGT-7 / MGT-7A (Assuming AGM held on [--] September 2025) Important clarification: The relief granted by MCA was only a waiver of additional fees for the past delay. There has been no extension of the statutory due date. Despite ongoing challenges on the MCA portal the compliance responsibility continues to rest on companies and" [X Link](https://x.com/CAHimankSingla/status/2004395155894473043) 2025-12-26T03:33Z 22.3K followers, 17.5K engagements "Finally @SagInfoTech has noted of the AIS issue I wrote about [--] months back and acted on the same. A warning now appears in the latest update that "There may be cases of double entries in the sale of securities and mutual fund units due to the same date being reported by different entities under SFT-17 and SFT-18 codes." Kudos @SagInfoTech ππ Really the best Income Tax compliance software in the market π¨ Important Advisory for Tax Professionals & Mutual Fund Investors w.r.t. ITR Filing Sharing this based on a real case encountered today by me in our office. Kindly spread awareness. During" [X Link](https://x.com/CAHimankSingla/status/2004421489874129327) 2025-12-26T05:18Z 22.2K followers, 20.3K engagements "RT if MCA Portal is NOT working. Like if MCA Portal is NOT working Quote if MCA Portal is NOT working. Comment if MCA Portal is working #extend_roc_due_dates" [X Link](https://x.com/CAHimankSingla/status/2004537507921424788) 2025-12-26T12:59Z 22.3K followers, [----] engagements "MCA Due Date extension is coming Wait till Monday ICAI had a meeting with the MCA officials and have brought various issues relating to the filing. They have in principle agreed for an extension. The formal order is expected by Monday" [X Link](https://x.com/CAHimankSingla/status/2004587881055297760) 2025-12-26T16:19Z 22.3K followers, 45.3K engagements "ALL GSTR-9/9C FILINGS COMPLETED IN OUR OFFICE π₯Ήπ₯Ήπ₯π«‘" [X Link](https://x.com/CAHimankSingla/status/2004884744090394732) 2025-12-27T11:59Z 22.3K followers, 20.3K engagements "Dear @theicai Just received this message: Ur PAN is missing/incorrect in SSP; UDIN can't be gen'd. Pl update PAN by midnight. Reflection may take 24hrs. UDIN can be gen'd next day. Rg UDIN Dir.ICAI New day New dilemmna in everyday practice life of a Chartered Accountant Also the words are too unprofessional. Using "Ur" instead of "Your" and "gen'd" instead of "generated" Also how can PAN be deleted from SSP Portal when it already has been updated from the beginning π³π³ https://twitter.com/i/web/status/2004904287479189544 https://twitter.com/i/web/status/2004904287479189544" [X Link](https://x.com/CAHimankSingla/status/2004904287479189544) 2025-12-27T13:16Z 22.3K followers, 24.3K engagements "Personally I think extension would be granted for: β ROC Annual Filings β Peer Review Deadline for CA firms When you ask Ideally should be Monday so that all professionals and taxpayers and enjoy their New Year in peace ππ» Humble request to @MCA21India @theicai @FinMinIndia to announce timely extension rather than waiting for last minute announcement on 31st Dec. https://twitter.com/i/web/status/2004954551808655863 https://twitter.com/i/web/status/2004954551808655863" [X Link](https://x.com/CAHimankSingla/status/2004954551808655863) 2025-12-27T16:36Z 22.3K followers, 30.9K engagements "Only [--] categories of professionals are working today. Guess who π₯Ήπ₯Ήπ₯²" [X Link](https://x.com/CAHimankSingla/status/2005116408154521625) 2025-12-28T03:19Z 22.3K followers, 64.4K engagements "Absoute mockery and autocracy by @IncomeTaxIndia How can they deny the right to file a Rectification Request to CPC Which provision of law governs this in absence of transfer of Rectification Rights to AO π Concern regarding restriction on filing online Rectification for correction of dedcution inadvertently claimed from 80G(100%) to 80GGC While filing rectification u/s [---] the portal shows no variance in processed return and blocks online rectification π This https://t.co/FenQcN9fX8 π Concern regarding restriction on filing online Rectification for correction of dedcution inadvertently" [X Link](https://x.com/CAHimankSingla/status/2005318897101377702) 2025-12-28T16:44Z 22.3K followers, 19.2K engagements "Dear @MCA21India @nsitharaman @nsitharamanoffc mam There is no sane or logical reason to keep due dates on 31st December. The whole world deserves to celebrate New Year's Eve with happiness and peace. ππ» A gentle & humble reminder to extend ITR/ROC/GST Annual filings due date from 31st December to 31st January ππ» Every professional in the country deserves proper work-life balance. π₯Ί https://twitter.com/i/web/status/2005331854279524523 https://twitter.com/i/web/status/2005331854279524523" [X Link](https://x.com/CAHimankSingla/status/2005331854279524523) 2025-12-28T17:35Z 22.3K followers, 24.9K engagements "Extension will come definitely MCA V3 IS THE WORST PORTAL IN THE WHOLE WIDE WORLD. I dare MCA team to come live with me and file Returns from this shitty Portal" [X Link](https://x.com/CAHimankSingla/status/2005618869810151822) 2025-12-29T12:36Z 22.3K followers, 23K engagements "An unpopular opinion perhaps but the decision not to grant an extension may actually lead to increased non-compliance. Many clients are unwilling to bear an additional cost of [----] (6000 for AOC-4 and [----] for MGT-7 / MGT-7A). As a result this could trigger a chain of consequences ultimately discouraging promoters from continuing with companies and pushing them towards non-corporate structures such as partnership firms or their corporate alternative LLPs. There are also a significant number of companies that have pending non-compliances from earlier years. In this context settlement or fresh" [X Link](https://x.com/CAHimankSingla/status/2005704622460264936) 2025-12-29T18:17Z 22.3K followers, 19.8K engagements "JUSTICE DELAYED IS JUSTICE DENIED. EXTEND ROC ANNUAL FILING DUE DATE NOW. π‘ EXTEND GST ANNUAL FILING DUE DATE NOW. π‘ EXTEND BELATED/ REVISED ITR FILING DUE DATE NOW. π‘ PROFESSIONALS AND THEIR STAFF DESERVE TO CELEBRATE NEW YEAR IN PEACE WITH THEIR FAMILIES. ππ»" [X Link](https://x.com/CAHimankSingla/status/2005898284389523727) 2025-12-30T07:06Z 22.4K followers, 21K engagements "Peer Review extension incoming. Now ROC annual extension news waiting" [X Link](https://x.com/CAHimankSingla/status/2005921505746796608) 2025-12-30T08:38Z 22.4K followers, 15.4K engagements "One thing that CA & CS community can agree upon without any infighting. MCA V3 is the worst portal to exist anywhere in the world. ππ»ππ»ππ»ππ»" [X Link](https://x.com/CAHimankSingla/status/2005922547469279619) 2025-12-30T08:42Z 22.4K followers, 13K engagements "BREAKING: ROC DATE EXTENDED π₯π₯π₯π₯π₯π₯π₯π₯π₯π₯π₯π₯" [X Link](https://x.com/CAHimankSingla/status/2005937540981735574) 2025-12-30T09:42Z 22.4K followers, 40K engagements "Your apology should be as loud as your disrespect ROC Annual Due date now extended to 31.01.2026. Thankyou all who trusted me ππ» MCA Due Date extension is coming Wait till Monday ICAI had a meeting with the MCA officials and have brought various issues relating to the filing. They have in principle agreed for an extension. The formal order is expected by Monday. MCA Due Date extension is coming Wait till Monday ICAI had a meeting with the MCA officials and have brought various issues relating to the filing. They have in principle agreed for an extension. The formal order is expected by" [X Link](https://x.com/CAHimankSingla/status/2005942600465875189) 2025-12-30T10:02Z 22.4K followers, 24.5K engagements "Watched the Satyam episode from Bad Boy Billionaires on @netflix last night. Behind the fictitious cash of 5000+ crore fake interest income and inflated revenues were real people largely middle-class employees and small investors. Overnight ESOPs became worthless salaries were uncertain careers stalled and years of savings invested through mutual funds and shares were eroded. Corporate fraud of this scale doesnt hurt promoters alone but it transfers risk and loss to those least equipped to absorb it. Episodes like Satyam remind me why Im proud to be a Chartered Accountant - our role shouldn't" [X Link](https://x.com/CAHimankSingla/status/2006780236785135860) 2026-01-01T17:31Z 22.3K followers, 90.6K engagements "The Ministry of Corporate Affairs (MCA) has introduced a new classification in the Company Master Data clearly indicating whether a company qualifies as a Small Company or not ππ» https://twitter.com/i/web/status/2007101742442508458 https://twitter.com/i/web/status/2007101742442508458" [X Link](https://x.com/CAHimankSingla/status/2007101742442508458) 2026-01-02T14:48Z 22.3K followers, 10.4K engagements "FACT CHECK: π¨ Savings Bank Interest - Not fully tax-free. β Up to [-----] of interest from a savings bank account is exempt under Section 80TTA (for individuals/HUF) - that too under Old Regime only. Beyond that its fully taxable. β Also fully taxable in New Regime. π¨ Voluntary Provident Fund (VPF) β Interest credited in VPF is exempt only if total employee + employer PF contribution does not exceed [---] lakh in the year. Any interest beyond that is taxable. π¨ Life Insurance Maturity β Proceeds from life insurance policies are exempt under Section 10(10D) only if certain conditions are" [X Link](https://x.com/CAHimankSingla/status/2007266902276780494) 2026-01-03T01:44Z 22.4K followers, [----] engagements "Thankyou @elonmusk π₯Ίπ₯Ίπ«‘" [X Link](https://x.com/CAHimankSingla/status/2007297370674049199) 2026-01-03T03:46Z 22.3K followers, [----] engagements "Less than a month now for Budget [----] to be presented. My expectations from Budget 2026: India needs BOLD and REVOLUTIONARY steps in taxation to truly transition from a developing to a developed economy. β Make dividend income tax-free to eliminate economic double taxation and encourage wider retail participation. β Exempt long-term capital gains on securities to promote long-term investing and capital formation (just as it was before) β Tax agricultural income above [--] lakh to curb misuse and ensure equity in the tax system (No one earning [--] lakhs deserves NIL taxation contribution to our" [X Link](https://x.com/CAHimankSingla/status/2007661305914896663) 2026-01-04T03:52Z 22.4K followers, 20K engagements "Goodbye "Assessment Year" Hello "Tax Year" The countdown to the biggest tax reform in [--] years has officially begun. On 1st April [----] the Income Tax Act [----] will be replaced by the Income Tax Act 2025" [X Link](https://x.com/CAHimankSingla/status/2008007032587378947) 2026-01-05T02:45Z 22.4K followers, 53.6K engagements "ICAI UDIN UPDATE: Good News for all Practicing CAs UDIN Updation on Income Tax Portal is now happening smoothly. I was able to update my pending Form 29B Form 3CA-3CB Form 15CA related UDINs smoothly in last [--] hours. Everyone may try now and update their UDINs. https://twitter.com/i/web/status/2008517301549871379 https://twitter.com/i/web/status/2008517301549871379" [X Link](https://x.com/CAHimankSingla/status/2008517301549871379) 2026-01-06T12:33Z 22.4K followers, [----] engagements "World-class coding by world-class tech team of world-class company. π«‘π«‘π₯" [X Link](https://x.com/CAHimankSingla/status/2008843371335610496) 2026-01-07T10:09Z 22.4K followers, 25K engagements "Manchester United matchnight ππ«Ά Taking on Burnley at Turf Moor βͺπ£ https://t.co/yIVoZYFhLA Taking on Burnley at Turf Moor βͺπ£ https://t.co/yIVoZYFhLA" [X Link](https://x.com/CAHimankSingla/status/2008911818606186861) 2026-01-07T14:41Z 22.4K followers, [----] engagements "Humour ko humour ki tarah lena bhai log ππ" [X Link](https://x.com/CAHimankSingla/status/2008934059964268907) 2026-01-07T16:09Z 22.4K followers, [----] engagements "India needs time-bound accountability in tax administration. Deadlines for filing ITRs are strict penalties for delay are automatic but refund delays have no consequences. β Tight timelines for taxpayers β No defined timelines for refunds β Penalties for delayed payments β No accountability for delayed refunds A credible tax system must treat taxpayers and the department by the same rules. RT or Like this Tweet if your lawful ITF Refund is still pending π https://twitter.com/i/web/status/2009088484892623341 https://twitter.com/i/web/status/2009088484892623341" [X Link](https://x.com/CAHimankSingla/status/2009088484892623341) 2026-01-08T02:23Z 22.4K followers, 11.7K engagements "Issues in @IncomeTaxIndia ITR Processing that are troubling taxpayers from last [--] years. β Denial of 87A Rebate for AY 2024-2025 β Levy of Rs. 5000/- late fees for partners of audited firms β Levy of interest in ITR-U upto date of processing of ITR β 234C being wrongly calculated in ITRs from AY 2025-2026 β Form 29B filing default marked in cases where MAT levy is not attracted . . and many more. In all such cases assessees are being asked to file Appeal and bear litigation costs due to inefficiency of CPC in correcting these errors in ITR Rectification. It very well looks like intentional" [X Link](https://x.com/CAHimankSingla/status/2009125943944900867) 2026-01-08T04:52Z 22.4K followers, 27.5K engagements "Enroute to Income Tax Act 2025" [X Link](https://x.com/CAHimankSingla/status/2009263161569104365) 2026-01-08T13:57Z 22.4K followers, 11.4K engagements "Dear @Infosys_GSTN The GST portal is blocking GSTR-1 summary generation of Rule 14A registered taxpayers citing breach of Optional category limits (B2B tax liability [---] lakh/month). However there is no clear workflow or guidance on how to opt out of this category on the portal Kindly clarify the exact procedure and timeline to switch out of the Optional category so returns can be filed without disruption. This ambiguity is causing avoidable compliance issues for taxpayers and professionals. https://twitter.com/i/web/status/2009603487362068804" [X Link](https://x.com/CAHimankSingla/status/2009603487362068804) 2026-01-09T12:29Z 22.4K followers, 15.7K engagements "In the absence of any system-enabled exit mechanism or official procedural clarity the only practical option currently available to taxpayers is to defer B2B outward supplies to the subsequent month so that the [---] lakh B2B tax liability threshold is not breached in the current tax period. https://twitter.com/i/web/status/2009615013133345031 https://twitter.com/i/web/status/2009615013133345031" [X Link](https://x.com/CAHimankSingla/status/2009615013133345031) 2026-01-09T13:15Z 22.4K followers, [----] engagements "Till about [--] months ago many finfluencers were confidently saying: β No need for FDs β No need for PPF β No need for fixed-income products β Just do SIPs in equity funds Interestingly those voices are far quieter today. π€·π»β" [X Link](https://x.com/CAHimankSingla/status/2009821988714639674) 2026-01-10T02:57Z 22.4K followers, [----] engagements "The most GOATED UPI app ever π" [X Link](https://x.com/CAHimankSingla/status/2010207737037369789) 2026-01-11T04:30Z 22.4K followers, [----] engagements "Glad to see people taking interest in understanding their own tax data that awareness is always welcome. However lets not oversimplify compliance. Yes for a plain-vanilla salaried case filing may appear easy today due to pre-filled utilities and better tech. But ease of data entry is not the same as correct reporting interpretation or risk assessment. A few realities worth stating clearly: β Form 26AS and AIS are not truth documents they are information statements. They often contain errors duplications wrong heads or third-party misreporting. Knowing what to ignore what to reconcile and what" [X Link](https://x.com/CAHimankSingla/status/2010274593806962774) 2026-01-11T08:56Z 22.4K followers, 18.5K engagements "Ofcourse this is fake news. Purely clickbait and engagement farming. But need of the hour is that in #Budget2026 Government allows set off of PGBP (derivative) losses from Salary income ππ» Most salaried taxpayers have huge derivative losses but still end up paying tax on salary head income due to non-allowability of set off of PGBP loss with salary head. @FinMinIndia @nsitharaman @nsitharamanoffc RT if you agree ππ» BREAKING: Unconfirmed Sources have confirmed that in the upcoming Budget Sarkar is considering levying Tax on Losses from Trading Futures and Options. BREAKING: Unconfirmed" [X Link](https://x.com/CAHimankSingla/status/2010328842733511004) 2026-01-11T12:32Z 22.4K followers, [----] engagements Limited data mode. Full metrics available with subscription: lunarcrush.com/pricing
@CAHimankSingla CA Himank SinglaCA Himank Singla posts on X about india, finance, capital gains, gst the most. They currently have [------] followers and [----] posts still getting attention that total [-----] engagements in the last [--] hours.
Social category influence finance countries premier league technology brands stocks currencies social networks automotive brands celebrities gaming
Social topic influence india, finance, capital gains, gst, has been, portal, money, tds, manchester united, in the
Top accounts mentioned or mentioned by @incometaxindia @finminindia @theicai @infosysgstn @nsitharaman @nsitharamanoffc @abhashalakhandi @infosys @cbicindia @manutd @akhilpachori @narendramodi @pmoindia @abhishekrajaram @cachirag @pratibhagoyal @ruwatiaofficial @caanupam7 @infosysnmurthy @yashdhanuka14
Top assets mentioned Alphabet Inc Class A (GOOGL) Tesla, Inc. (TSLA) April (APRIL) AUDIT (AUDIT)
Top posts by engagements in the last [--] hours
"Repeat after me and RT. ABOLISH TAX ON DIVIDENDS RECEIVED ABOLISH LTCG TAX ON INVESTMENTS ABOLISH TAX ON SAVING ACCOUNT AND DEPOSITS' INTEREST UPTO CERTAIN THRESHOLD This should be the major announcement in #Budget2026 π"
X Link 2026-01-14T14:39Z 22.7K followers, 15.9K engagements
"@TaxationUpdates @IncomeTaxIndia What if opening balance [-----] and repayment during year = [-----] (i.e. less than 20000) In my opinion same is reportable because once loan exceeds [-----] it gets covered under the provisions of 269SS and 269T"
X Link 2022-08-24T15:50Z 22.5K followers, [--] engagements
"As per the latest GN if any loan/advance is adjusted by adjustments (like sales/purchase payment through partner capital - personal saving etc.) if has to be reported as 'payment/acceptance through other than account payee cheque'. Will 269SS and 269T penalty be leviable"
X Link 2022-08-26T02:23Z 20.9K followers, [--] engagements
"@CA_HarshilSHETH @TaxationUpdates @IncomeTaxIndia [--] lacs for 269SS ans [--] lacs for 269T"
X Link 2022-09-01T10:09Z 20.9K followers, [--] engagements
"Its time for Black & White #ElectoralBondsCase π§΅ A thread. Case 1: Wonder Cement Limited"
X Link 2024-03-14T15:42Z 22.7K followers, 3.5M engagements
"Dear @theicai @CaRANJEET @ruwatiaofficial @caanupam7 The website is not working Students and members are unable to create email IDs for their office or personal use. Please look into this and resolve the same asap. http://mail.ca.in http://mail.ca.in http://mail.ca.in http://mail.ca.in"
X Link 2024-07-20T13:25Z 22.2K followers, [----] engagements
"Absolutely spot-on article. Middle class tax payers are being looted in this country and no amenities are given at all for all the taxpayers π€―"
X Link 2024-07-21T18:22Z 22.7K followers, 332.1K engagements
"HUF: The Legal Hack to Double Your Tax Benefits Form a Hindu Undivided Family (HUF) and slash your tax bills with double 80C deductions and special property exemptions"
X Link 2024-08-14T01:01Z 20.8K followers, [----] engagements
"Heres a summary of the key cash transaction limits under the Income Tax Act [----] in India: Sec 40A(3): Cash payment 10000/day (35000 for transporters) disallowed as expense. Sec 269SS: No cash loans/deposits 20000/day from a person; penalty = 100%. Sec 269T: No cash repayment of loans/deposits 20000; penalty = 100% Sec 269ST: No cash receipts 200000/day/person/occasion; penalty = 100%. Sec 80GGB/80GGC: No cash donation [----] for political contributions Sec 43(1): No cash purchase of fixed assets [-----] for tax benefits. Sec 44AD/44ADA: Presumptive scheme not available if turnover/receipts 5"
X Link 2024-11-13T14:36Z 22.5K followers, 20.5K engagements
"A Hindu Undivided Family (HUF) is a legal entity recognized under Indian tax laws offering various tax benefits. Heres a summary of the key tax benefits and considerations related to HUFs: (via @livemint)"
X Link 2025-01-15T04:13Z 20.8K followers, 52.3K engagements
"98% of Taxpayers Dont Have an HUF Are You Missing Out on 1.5L/Year in Tax Savings"
X Link 2025-01-16T01:51Z 21.4K followers, 39.2K engagements
"π¨GST Compliance Checklist for FY 2025-26 [--] File LUT for zero-rated supplies by March [--] [----]. [--] Opt for the Composition Scheme via CMP-02 by March [--] [----]. [--] File ITC-03 for Composition transition by May [--] [----]. [--] Choose QRMP Scheme by April [--] [----]. [--] Collect GTA Declarations to manage RCM compliance. [--] Reset Invoice Number Series from April [--] [----]. [--] Recalculate Aggregate Turnover for various compliance decisions under GST Law. [--] Reconcile ITC with GSTR-2B & GSTR-3B. [--] Settle RCM Liabilities in GSTR-3B. π Update HSN Codes & comply with Phase-III reporting of reporting B2B & B2C invoices"
X Link 2025-02-10T16:22Z 12.2K followers, 13K engagements
"DRAFT OF INCOME TAX BILL [----] is here - to be applicable from 1st April [----] Steps to access the File: [--]. Follow me [--]. Like & Retweet the Tweet [--]. DM me and I will send you the link of my exclusive whatsapp group where you can access the same"
X Link 2025-02-12T04:39Z 12.2K followers, 27K engagements
"Dear @Infosys_GSTN @FinMinIndia Order for cancellation of Application is pending since 13-06-2023 i.e. [--] YEARS FROM DATE OF SUBMISSION WHAT DOES THE OFFICER WANT WHAT "LIASONING" DOES HE WANT IS THIS EASE OF DOING BUSINESS"
X Link 2025-02-12T12:03Z 12.2K followers, [----] engagements
"The new Income Tax Bill [----] replaces long-term capital asset with long-term capital gain in Section [--] (previously Section 54EC) β
Earlier as per CIT v. Dempo Company Ltd (2016) even short-term capital gain from depreciable assets (held for over [--] months) qualified for exemption under Section 54EC. β
The revised provision now restricts the exemption strictly to long-term capital gain overriding the Dempo judgment. β
Assessees can no longer claim exemption for short-term capital gains arising from the transfer of depreciable assets even if held for more than [--] months. β
The amendment aims"
X Link 2025-02-13T03:14Z 12.3K followers, [----] engagements
"Tonight was all about living in the music - dancing to Shape of You reminiscing with Photograph and feeling Perfect all over again β€π₯ @edsheeran"
X Link 2025-02-15T17:08Z 12.1K followers, [----] engagements
"Under Income Tax Act [----] there's no bar on claiming a refund solely because the return wasn't filed on time. However the Income Tax Bill [----] proposes a new rule: no refund if return is late. Hard to believe it is true - but opinions of others are invited in this regard"
X Link 2025-02-17T07:36Z 12.2K followers, 19.4K engagements
"The real compilation work: β
Filing of ROC Forms β
ITR filing (for basic ITRs without complexeties) β
GSTR-9/9C filings (as self-certification is required now) The work they call compilation: π Audit under Income Tax Act. Kuch bhi chalraha hai and the best thing is - teachers have also now joined in for PR π―"
X Link 2025-02-22T16:38Z 12.2K followers, 11K engagements
"Baffled with how CMA and CS are literally arguing over just a Tax Audit. It's like a Golf player and a Football player asking a Cricket Team to include them in the playing [--] π’"
X Link 2025-02-23T04:51Z 12.2K followers, 15.8K engagements
"That is what everybody is saying You went into the course by your choice knowing very well that Tax audit is exclusive expertise of CAs and power of tax audit is with them only Tab tax audit nahi krne ka socha tha bhai karna hota toh shuru se CA kar lete There is no means to justify the line that "we deserve what should have been given to us long back." It is only a distraction to divert everyone from real intention of backdoor entry into a reputed profession Why any person comes and advice us to do CA Nahi Karna bhai karna hota to shuru se kar lete choice thi hamare pas par hame CS hi karna"
X Link 2025-02-24T07:26Z 12.3K followers, [----] engagements
"Section 194T: New TDS Rule for Partnership Firms from 01.04.2025 Effective April [--] [----] partnership firms and LLPs must deduct 10% TDS on payments made to partners including salary remuneration commission bonus and interest. Question many are asking is will this TDS deduction be annual or monthly PARTNER REMUNERATION: If partnership deed states salary of partners on monthly basis then credit of the same in books of accounts is to be done monthly and hence TDS deduction should also be monthly for such partner remuneration. INTEREST ON CAPITAL: Usually it is calculated at year-end and hence TDS"
X Link 2025-03-11T04:41Z 21.4K followers, 35.7K engagements
"The most draconian thing about 194T is that finalisation of books of partnership firms now must happen upto 31st May each year - SME taxpayers will feel the heat next year if initially they are not paying too much attention to 194T. Add to it the interest liability on late deposit of TDS etc"
X Link 2025-03-16T05:15Z 21.4K followers, [----] engagements
"Soon incoming. Practical Workshop on 194T of Income Tax Act [----] for 99/- only π"
X Link 2025-03-16T06:28Z 21.4K followers, 11.3K engagements
"THIS IS A JOKE GST Number not granted even after [--] times of applying Don't blame the honest taxpayers now when they want to start business but your worthy officers don't approve GST applications without bribes What the hell is happening in the name of ease of doing business in this country @Infosys_GSTN @cbic_india Dear @Infosys_GSTN @FinMinIndia ARN: AA030225037844F Applied for New GST Registration [--] times and this is the 3rd time we are applying this. Every time they are asking same property registry photos etc. and every time they reject with no definitive reason. Now applied again"
X Link 2025-03-19T02:36Z 20.6K followers, 41.5K engagements
"INCOME TAX BREAKING: CBDT notifies changes in Form 26Q to incorporate Section 194T: TDS on Payment of salary remuneration commission bonus or interest to a partner of firm. Are you all ready for Section 194T compliance from 01.04.2025 π₯Ίπ₯"
X Link 2025-03-27T11:52Z 21.4K followers, 15K engagements
"IMPORTANT NOTE REGARDING REMUNERATION CLAUSE IN PARTNERSHIP DEEDS: Many partnership firms are in the process of revising remuneration clauses in their deeds due to increased in remuneration threshold u/s 40(b) w.e.f. 01st April [----]. As per Section 40(b) the allowable amount of deduction for remuneration paid to the working partners is based on the firm's Book Profit for the year. To maximize the deduction most partnership deeds contain a clause that states that the remuneration payable to the working partners for the FY shall be based on the firm's Book Profit for the concerned FY. For"
X Link 2025-04-02T10:27Z 21.4K followers, 40K engagements
"Many taxpayers and professionals too are confused about applicability of new Section 40(b) threshold and new Section 194T - if these Sections are applicable from 01.04.2025 or what Please note that Section 40(b) has been made effective from AY 2025-2026 and onwards i.e. from 01.04.2024 (FY 2024-2025) onwards (Picture-1) This means will effect your 40(b) disallowances from FY 2024-2025 itself Section 194T has been INSERTED from 01st April [----] i.e. it will take effect from AY 2026-2027 onwards - it means Salary/ Interest etc. will attract TDS deduction from FY 2025-2026 onwards (Picture-2)"
X Link 2025-04-02T16:13Z 21.4K followers, 19.2K engagements
"Mutual Fund Taxation [----] Edition"
X Link 2025-05-25T07:05Z 21.3K followers, 28.6K engagements
"Got contacted by a school friend today. Turns out he needed help with his ITR. Hes been trading in foreign stocks (Apple Tesla etc.) via IndMoney for 3-4 years now - but never declared them in his ITR. Why His family's CA didnt know how to report foreign holdings so he just skipped em in his ITR π RT this π§΅ to help others ππ»"
X Link 2025-06-15T11:01Z 22.7K followers, 152.5K engagements
"4/ Schedule FSI is for: Dividends from foreign shares Capital gains on sale of foreign stocks Foreign salary interest or other income Use Schedule TR to claim foreign tax credit (FTC) if TDS was deducted abroad"
X Link 2025-06-15T11:01Z 21.8K followers, 16.8K engagements
"11/ Whether youre investing abroad via Vested or INDmoney or receiving dividends from Apple - dont skip Schedule FA & FSI. Disclosure is your duty. Penalties are real. And now Finance Act [----] gives limited relief so use it smartly. π RT to help others Follow me - @CAHimankSingla for more such insights on tax & compliance. #IncomeTax #ITR #ForeignStocks #CAIndia"
X Link 2025-06-15T11:01Z 21.7K followers, [----] engagements
"If youve invested in ETFs which invest further in foreign stocks then Schedule FA and FSI are not required in your ITR. These are Indian-domiciled ETFs even though they invest in foreign indices. Youre holding units of an Indian mutual fund not foreign assets directly. Just report capital gains or dividends (if any) as you would for any Indian investmentno foreign asset disclosure needed"
X Link 2025-06-16T03:07Z 20.8K followers, [---] engagements
"π Section 269SS & 269T & 269ST Alert Tax Audit Reporting Starting FY 2024-25 audits auditors are required to report loan/advance accepted under Clause [--] - date-wise lender-wise and even mode-wise in Form 3CD. What used to be a summary disclosure has now turned into a huge compliance burden. Professionals be prepared. Heavy detailing expected under Clause [--] of Form 3CD. https://twitter.com/i/web/status/1948026011020587480 https://twitter.com/i/web/status/1948026011020587480"
X Link 2025-07-23T14:22Z 22.5K followers, 18.9K engagements
"Dear @IncomeTaxIndia Requesting you to kindly clarify the meaning of 'Date of Furnishing of Audit Report' for ITR filings Is it the date of upload of Tax Audit Report by auditors Or is it the date of approval of Tax Audit Report by assessee Please respond π"
X Link 2025-08-03T11:32Z 20.9K followers, 19.5K engagements
"Who says @IncomeTaxIndia portal is not working smoothly It is working flawlessly when it comes to levying 234A interest 234B interest 234C interest and of course the 234F late fees. π Glitches only appear when honest taxpayers & professionals try to file returns on time. Priorities speak louder than assurances. #Extend_Due_Date_Immediately #extend_due_dates_immediately #Extend_due_date_now #extendduedates https://twitter.com/i/web/status/1966109633090826697 https://twitter.com/i/web/status/1966109633090826697"
X Link 2025-09-11T12:00Z 22.4K followers, 23.5K engagements
"BREAKING: The Central Board of Direct Taxes (CBDT) has decided to extend the specified date for filing various audit reports for the Previous Year [------] (Assessment Year 202526) from 30th September [----] to 31st October [----] for assessees referred to in clause (a) of Explanation [--] to sub-section (1) of section [---] of the Act. VICTORY ππβ€ https://twitter.com/i/web/status/1971159042484777438 https://twitter.com/i/web/status/1971159042484777438"
X Link 2025-09-25T10:25Z 22.3K followers, 31.3K engagements
"HUGE BREAKING: LIVE GUJARAT HIGH COURT JUDGEMENT: It is mandatory to provide [--] month gap between ITR (audit) date and Tax Audit date. We hereby order CBDT to extend the same and issue necessary instructions. π₯π₯π₯π₯ Remarkable hearing and even remarkable judgement Watch LIVE here: https://www.youtube.com/live/9PaXMBrMiL8si=FpgIJqgAhgibXwfb https://www.youtube.com/live/9PaXMBrMiL8si=FpgIJqgAhgibXwfb"
X Link 2025-10-13T07:17Z 20.5K followers, 32.5K engagements
"π¨ One of the Most Beneficial Changes in GSTR-9 for FY 2024-25 - Column A1 of Table [--] β‘ Taxpayers can now report Input Tax Credit (ITC) pertaining to the previous financial year that was claimed in the current years GSTR-3B. Earlier there was ambiguity regarding where and how to disclose such ITC in the Rnnual Return often resulting in mismatches notices and unnecessary litigation. β
Now with this clarification taxpayers can: Accurately disclose ITC of the previous year claimed in the current years 3B"
X Link 2025-10-13T19:28Z 20.4K followers, 20.2K engagements
"π¨Will the due date for all companies get extended to 30th November too - in compliance with the Gujarat High Court Order (Thanks to @CARattanKaur mam for the insights) The Honble Court has directed the CBDT to issue a Circular u/s [---] extending the due date only for those assessees cases falling under clause (a) of Explanation [--] to Section 139(1) AND who are required to furnish a Tax Audit Report (TAR) or any provision requiring audit under the Income Tax Act. On plain reading it looks like that companies which are not liable to Audit under Income Tax Act [----] are excluded from the Judgment."
X Link 2025-10-14T10:30Z 20.3K followers, 14.9K engagements
"Every year during ITR & Tax Audit season: CAs & Tax Professionals raise voice for date extension due to incompetency of Income Tax Portal. Every year during ROC Filing season: Our CS colleagues and ROC professionals raise voice for date extension due to incompetency of MCA V3 Portal. As always @FinMinIndia remains a distant & silent observer and no action is ever taken on the service provider. Will this drama ever end It really is so exhausting"
X Link 2025-10-14T17:24Z 20.7K followers, 31.1K engagements
"Dear @Infosys_GSTN While filing September [----] TDS Return Portal is throwing error that there are some unprocessed records in Aug [----]. But we have already filed that TDS return andcan'teditthat. Error Code RET2X91230 This is a PAN-India error and being faced by so many professionals. Ticket number G-202510152756345"
X Link 2025-10-15T05:33Z 20.4K followers, [----] engagements
"π¨Update on ITR Due Date Extension - Honble Delhi High Court The Honble Delhi High Court today heard the matters concerning extension of the Income Tax Return (ITR) due date for AY [------] including Sumit Garg vs. CBDT & Anr. (WP (C) 14882/2025). The learned counsel for the CBDT informed that the issue of ITR due date extension is under active consideration and that the recent Gujarat High Court judgment dated 13.10.2025 is also being examined. The Honble Court has granted time and listed the matter for 29.10.2025 for further hearing"
X Link 2025-10-15T08:03Z 20.6K followers, 31.8K engagements
"MCA BREAKING NOTIFICATION: Extension of DIR-3 KYC Forms upto 31.10.2025. Finally some much needed relief π₯π«‘"
X Link 2025-10-15T11:52Z 20.3K followers, 13.3K engagements
"16 October. Gujarat High Court Order CBDT ITR (audit) due date [--] November [----] Supreme Court appeal personal opinion case merit extension notification issue π₯Ή"
X Link 2025-10-16T00:35Z 20.6K followers, 22K engagements
"Hon'ble President of ICAI CA Charanjot Singh Nanda sir pens a letter addressed to CBIC Chairman asking for extension of due date of filing GSTR-3B by one week in view of Diwali festive season. Thankyou @theicai @CJSNanda π"
X Link 2025-10-16T05:52Z 20.3K followers, 22.1K engagements
"Table 8A data rules of GSTR-9 changed. Last year Table 8A consisted figures of FY 2024-25 only but now this year onwards it will contain invoices pertaining to FY 2024-25 appearing in GSTR 2B of next year 2025-26 upto October [----] period"
X Link 2025-10-17T03:10Z 20.4K followers, 12.1K engagements
"Due date of GSTR 3B has been changed on GST Portal. However no Notification yet"
X Link 2025-10-17T14:00Z 20.4K followers, 10.3K engagements
"MCA Announcement for Extension of Annual Return: β
Additional fee waiver changes for filing Financial Statements and Annual Returns for the FY [----] [---] vide Circular No. 06/2025 are currently under development and are expected to be completed by middle of next week. β
Companies whose filing due dates have either already passed or fall during this period are advised to kindly take note of the forthcoming changes and plan their filings accordingly. My advice: Please don't rush your MCA Filings. Wait for V3 Portal to get updated with all the necessary changes and coding"
X Link 2025-10-17T16:47Z 20.7K followers, [----] engagements
"GST BREAKING NOTIFICATION: Extension of GSTR-3B for September month/ September Quarter till 25th October 2025"
X Link 2025-10-18T14:47Z 20.4K followers, 15.1K engagements
"Thankyou @ManUtd Diwali vibes just turned a LOT more cracking and happier πππβ€π₯π₯π₯ VICTORY AGAINST LIVERPOOL π"
X Link 2025-10-19T17:34Z 20.4K followers, [----] engagements
"Ready for AMBUSH π«Άππ₯π₯ My contribution to air pollution. π«‘π«‘"
X Link 2025-10-20T15:09Z 22.7K followers, 1M engagements
"π¨ Tax on Diwali Gifts Know Before You Give or Receive πͺ While Diwali is all about giving the Income-tax Act [----] has its own rules on when a gift can become taxable. Heres a quick breakdown ππ§΅"
X Link 2025-10-21T03:38Z 20.5K followers, 26.4K engagements
"GSTN clears long-standing doubts on ITC reporting in GSTR-9 (via FAQs released [--] Oct 2025) The FAQs cover Rule 37/37A reversals reclaims 8C/8H adjustments & Table [--] inclusions. Here's a summary of the entire reporting mechanism:"
X Link 2025-10-21T08:06Z 20.7K followers, 30.4K engagements
"Only non BJP supporters have the ability to make a non BJP supporter vote for BJP from now on. π₯²π«‘ Trust a Harlot but not a sanghi https://t.co/uFKsgomgPT Trust a Harlot but not a sanghi https://t.co/uFKsgomgPT"
X Link 2025-10-21T13:06Z 20.5K followers, 16.4K engagements
"The government is likely amend the Chartered Accountants Act [----] to relax restrictions on advertising by CAs and their firms. ICAI will also be revising its Code of Ethics and Advertisement Guidelines to align with this proposal. #ICAI #CharteredAccountant #Audit #Finance"
X Link 2025-10-24T04:27Z 20.7K followers, 18.2K engagements
"GST Department across Punjab is personally calling professionals and taxpayers asking them to file GSTR-3B on 24th October itself even though the due date is 25th October [----] If the States internal accounting mechanism credits its tax share only up to the 24th that's purely an administrative or system issue and not a taxpayers fault. Why make genuine taxpayers feel like they owe an explanation for simply following the law Why create pressure when compliance is already assured within the prescribed deadline Taxpayers cannot be penalised or pressurised for inefficiencies in inter-governmental"
X Link 2025-10-24T10:51Z 20.7K followers, 25.4K engagements
"AIS TIS stopped ππ»π‘π§"
X Link 2025-10-24T13:19Z 20.8K followers, [----] engagements
"New UDIN related changes incorporated on UDIN website for reporting Audit Opinion of assesssees. Just [--] days before tax audit deadline π’"
X Link 2025-10-25T05:07Z 20.7K followers, 21.4K engagements
"GST registration to get 3-day auto approval from Nov 1: FM Nirmala Sitharaman. ππ"
X Link 2025-10-25T16:37Z 20.7K followers, 12.3K engagements
"Message from Central Council Member CA Pankaj Shah sir regarding UDIN creation for Auditors Opinion Members are advised to note the following important points while generating UDINs for Auditors Opinions: β
Unless you specifically intend to qualify that the Balance Sheet and Profit & Loss Account do not present a true and fair view the appropriate selection for Type of Opinion should be Unmodified Opinion. β
For the fields relating to Key Audit Matters Emphasis of Matter Disclaimer or Others the correct response would normally be No unless any material item directly affecting the books of"
X Link 2025-10-25T17:32Z 20.6K followers, 29K engagements
"IN LOVE WITH THIS MANCHESTER UNITED TEAM & RUBEN AMORIM π₯π HE IS HIM. https://t.co/C3zUUyWx9h HE IS HIM. https://t.co/C3zUUyWx9h"
X Link 2025-10-25T18:27Z 20.6K followers, [----] engagements
"Ministry of Corporate Affairs (MCA) extends CRA-4 (Cost Audit Report in XBRL format) filing deadline to December [--] 2025"
X Link 2025-10-27T16:15Z 22.4K followers, [----] engagements
"@DEEPKORADIA @Infosys_GSTN Same issue faced but tabs got enabled 2-3 days back. Technical glitch at most"
X Link 2025-10-27T16:22Z 20.6K followers, [---] engagements
"26AS down GST maintenance [--] π€¦β Peak Tax Audit season CA professionals - server What is this behaviour departments coordination"
X Link 2025-10-27T19:57Z 20.8K followers, 15.1K engagements
"GSTN shall be enhancing services on the GST portal on 29th Oct'25 12:00 AM onwards. GST Portal services will not be available until 29th Oct25 07:00 AM. 2nd consecutive day right in the middle of peak tax audit season Absolute mockery of professionals"
X Link 2025-10-28T16:32Z 20.7K followers, [----] engagements
"7 days additional extension needed for Tax Audit Reports Who all agrees Do you really need an extension for the ITR due date Ideally no extension is necessary as sufficient time has already been provided. However according to court orders and law it is mandatory and I am confident that @IncomeTaxIndia will issue a notification soon. Do you really need an extension for the ITR due date Ideally no extension is necessary as sufficient time has already been provided. However according to court orders and law it is mandatory and I am confident that @IncomeTaxIndia will issue a notification soon"
X Link 2025-10-29T02:57Z 20.8K followers, 52.5K engagements
"Good News on ITR Due Date Extension Just received a call from a friend in Delhi who has confirmed from reliable Board sources that the due date for ITR filing is likely to be extended soon. Heartfelt thanks to our Judicial System for Directing the CBDT in the larger interest of taxpayers and the public at large. @cajindal (Jalandhar)"
X Link 2025-10-29T12:07Z 20.7K followers, 43.7K engagements
"CBDT CIRCULAR BREAKING: Extension of timelines for filing of various reports of audit and Income Tax Returns (ITRs) for the Assessment Year 2025-26. Form 3CA/3CB-3CD/ Form 10B & 10BB due date - 10th November [----] ITR due date for 3CA/3CB-3CD cases/ all Companies/ Audited firm partners/10B & 10BB Trusts - 10th December 2025"
X Link 2025-10-30T06:39Z 20.9K followers, 30.4K engagements
"So its official now as per CBDT Circular: β
For non-Transfer Pricing Audit cases Form 3CA/3CB-3CD/ Form 10B & 10BB due date - 10th November [----] ITR due date for 3CA/3CB-3CD cases/ all Companies/ Audited firm partners/10B & 10BB Trusts - 10th December [----] β
For Transfer Pricing Audit Cases 3CA/3CB-3CD due date - 31st October [----] 3CEB due date - 31st October [----] ITR due date for TP audit cases - 30th November 2025"
X Link 2025-10-30T07:12Z 20.9K followers, 26.2K engagements
"Form 3CEB Extension Update The Hon'ble Delhi HC today has heard a writ petition today for extension of time limit to file Form 3CEB . The matter has been kept tomorrow for the Department to take instructions on extending the timeline. During the course of the hearing the Judges posed a question to the Revenue as to why the date cannot be extended to 10/11/2025 which is the same as the date of filing the TAR as per the circular . Same pattern again. π€£ https://twitter.com/i/web/status/1983901807152918781 https://twitter.com/i/web/status/1983901807152918781"
X Link 2025-10-30T14:20Z 22.4K followers, 19.9K engagements
"While its true that Chartered Accountancy (CA) is technically a professional qualification and not a conventional academic degree its important to note that the Government of India and the UGC have officially recognized the CA qualification as equivalent to a Post Graduate Degree. As per the ICAI Press Release dated 16th March [----] issued by the Public Relations Committee of the Institute of Chartered Accountants of India the CA qualification has been declared equivalent to a Post Graduate Degree for all practical and academic purposes. Link for the same:"
X Link 2025-10-31T08:39Z 20.8K followers, 38.5K engagements
"Form 3CEB & LLP Form [--] extensions incoming ππ BREAKING π¨ PM Modi to address the nation at [--] PM today What its going to be https://t.co/eS7ut85586 BREAKING π¨ PM Modi to address the nation at [--] PM today What its going to be https://t.co/eS7ut85586"
X Link 2025-10-31T09:25Z 20.7K followers, 12.7K engagements
"Marcus Rashford - the kid from Manchester β€ β½ Scored on his Europa League debut β½ Scored twice on his Premier League debut β½ Scored on his EFL Cup debut β½ Scored on his FA Cup debut β½ Scored on his England senior debut β½ Scored a hattrick on his England U21 debut β½ Scored on his Champions League debut β½ Scored on his Manchester Derby debut Forever a RED β€π Happy birthday @MarcusRashford β€ https://t.co/5V2KzhYcQj Happy birthday @MarcusRashford β€ https://t.co/5V2KzhYcQj"
X Link 2025-10-31T16:28Z 20.8K followers, [----] engagements
"GST PORTAL MAJOR UPDATE: The GST common portal has operationalized the simplified registration route that enables registration within [--] working days for eligible low-risk applicants (Aadhaar authentication mandatory). Applicants should ensure all prescribed documents are uploaded to avoid delay. Registration in [--] days for small & non-risky taxpayers π₯Ήπ₯Ήπ₯π₯"
X Link 2025-11-01T04:13Z 20.8K followers, 28.6K engagements
"Regarding NOC & Fees realization for CAs received this suggestion from a fellow professional. π₯Ή I suggest adding it to Section 43B of Income Tax Act [----] Thoughts π’"
X Link 2025-11-01T10:58Z 20.8K followers, [----] engagements
""Good turnover" you say Let's put that in perspective. The scheme allows up to [---] lakh of ITC per month. Even assuming a modest 5% output tax rate that translates to roughly [--] lakh of B2B sales every month. Thats not exactly a small-scale operation. For genuine small and mid-sized businesses especially in smaller towns and cities where every compliance requirement feels heavier than the business volume itself this new system is genuinely progressive. It eases entry reduces delays and encourages formalization without unnecessary procedural hurdles. Instead of dismissing it by saying itll be"
X Link 2025-11-01T15:32Z 20.8K followers, 14.5K engagements
"BREAKING: TRACES PORTAL ADVISORY: TIME LIMIT FOR FILING CORRECTION STATEMENTS (TDS/TCS) HAS BEEN REDUCED TO [--] YEARS. As per section 397(3)(f) of Income Tax Act [----] deductor/collector may deliver a correction statement in such form and verified in such manner as may be prescribed to the prescribed authority within two years from the end of the tax year in which such statement is required to be delivered under the said clauses or under section [---] of the Income-tax Act [----]. Consequent to the above correction statements for FY 2018-19 (Qtr. 4) FY 2019-20 to 2022-23 (Qtr. [--] to Qtr. 4) and FY"
X Link 2025-11-02T17:15Z 21.4K followers, 40.7K engagements
"CA Results 11am today β
Best of luck to all π₯"
X Link 2025-11-03T03:56Z 20.8K followers, 16.4K engagements
"I hope everyone on X who sees this tweet also sees "SUCESSFUL" today in his/her CA results marksheet π Results will be announced at around 11am. π€π»"
X Link 2025-11-03T05:15Z 20.8K followers, [----] engagements
"Congratulations to [-----] new CAs among us π₯π₯β€"
X Link 2025-11-03T05:31Z 20.8K followers, 12K engagements
"11466 new CAs as per Official ICAI Results. But on X [-------] new CAs ππ»βππ»β Every attempt same story π₯Ήπ€£"
X Link 2025-11-03T06:06Z 22.7K followers, 50.8K engagements
"@DEEPKORADIA @TaxationUpdates @cbic_india @Infosys_GSTN @GST_Council Is it available in pdf format sir All Charts combined So we can print it and keep in our office"
X Link 2025-11-03T23:36Z 20.8K followers, [----] engagements
"Groww IPO just hit full retail subscription in [---] hours. [---] lakh applications already in. GMP at 17%. Thats not hype is it"
X Link 2025-11-04T07:35Z 20.8K followers, 109.3K engagements
"One of the best most balanced takes on the years most talked-about IPO - by @srthahuja. A logical data-driven breakdown of the Lenskart story. The valuation debate misses context: its built on over a decade of steady growth profitability & investor compounding. Top institutions like SBI MF HDFC MF ICICI Pru & Kotak backed it in the anchor round. And unlike many founders who get free ESOPs Piyush Bansal actually took a loan to buy his shares and has committed to a lock-in period - real conviction not hype"
X Link 2025-11-04T10:56Z 20.8K followers, 53K engagements
"One of the best most balanced takes on the years most talked-about IPO - by @srthkahuja A logical data-driven breakdown of the Lenskart story. The valuation debate misses context: its built on over a decade of steady growth profitability & investor compounding. Top institutions like SBI MF HDFC MF ICICI Pru & Kotak backed it in the anchor round. And unlike many founders who get free ESOPs Piyush Bansal actually took a loan to buy his shares and has committed to a lock-in period - real conviction not hype"
X Link 2025-11-04T11:27Z 20.8K followers, 16.3K engagements
"Lenskart IPO - strong response across investor categories QIBs subscribed 40.3x NIIs 18.2x Retail 7.6x Total book shows broad-based participation and institutional confidence Whats driving interest: Clear leadership: #1 in India (5x the next player) #1 in SEA (3x the next) Vertically integrated model end-to-end tech stack EBITDA positive with improving margins (Q1FY26) Smart Glasses initiative with Qualcomm - potential to tap emerging TAM Short 10-month store payback strong repeat purchase rates Expanding international base across SEA and GCC (India TAM $9bn Global $20bn) A business with"
X Link 2025-11-05T16:59Z 20.9K followers, 24.1K engagements
"Groww IPO ka retail portion almost [--] ho gaya hai HNI ka [----]. Overall [----] Grey market me [--] premium dikh raha hai listing ke din tak thoda action dikhega. Par fundamentals strong hai big bulls like Madhu Kela Utpal Seth and Sunil Singhania are also backing Retail mein allotmentmushkilhai"
X Link 2025-11-06T11:00Z 20.8K followers, 116.8K engagements
"Whenever I am in Chandigarh I always visit my principals back at my articleship firm Jain & Associates. Whenever I step in it all comes flooding back late-night tax audit seasons those endless client visits finalizing balance sheets at 11:30 PM and the sheer chaos before every due date. Back then it felt exhausting but today it feels priceless. That small office taught us more about deadlines discipline and teamwork than any textbook ever could. Some places are more than workplaces theyre milestones. β€ @CARattanKaur @krishanmangawa"
X Link 2025-11-06T13:36Z 20.9K followers, 39.9K engagements
"100% of Balance Sheets in our office were signed and certifed in accordance with ICAI Guidance Note of Non-Corporates. π₯ It was hard but we are definitely more prepared for the next tax audit seasons What about you all π«‘"
X Link 2025-11-11T09:30Z 20.9K followers, 20.3K engagements
"Supreme Court protects Practicing Chartered Accountant : Held that merely issuing Form 15CB under the Income-Tax Act does not amount to abetment of money laundering. In this case a Chartered Accountant had issued Form 15CB for remittances related to import of goods as required by the bank. Later the Enforcement Directorate (ED) alleged that the company had illegally transferred money abroad and accused the CA of abetting the offence under the Prevention of Money Laundering Act (PMLA). The Madras High Court while granting relief observed that: A Chartered Accountant is not required to verify"
X Link 2025-11-12T01:26Z 20.8K followers, 47.2K engagements
"The recent conviction of Azam Khan & his son in the dual PAN matter has once again underlined a very simple rule: β
Every individual is permitted to hold one and only one PAN. Possessing more than one is a clear violation of law and can attract a penalty of [-----] under Section 272B along with the possibility of prosecution in aggravated situations. If someone has unintentionally ended up with two PANs often due to old applications data entry errors or migration from paper to online systems then the safest approach is to surrender the duplicate PAN without delay through the NSDL/UTIITSL portal"
X Link 2025-11-18T02:49Z 20.8K followers, 20.5K engagements
"A lot of promotional content is circulating about easy instalment purchases of overseas properties. The offers may look attractive but Indian residents must proceed with caution. Under FEMA an Indian resident cannot buy property outside India through instalments deferred payment plans or by taking any loan abroad. These structures are not permitted capital account transactions and may expose the buyer to serious compliance breaches under FEMA. Before signing up for any such scheme ensure the mode of payment is fully permissible under FEMA and routed strictly through allowed banking channels."
X Link 2025-11-18T09:57Z 20.8K followers, 23.3K engagements
"Honestly we CAs are not so insecure. Just be truthful and straightforward. If you're planning to move to another CA say it politely and clearly. It's a professional relationship and as long as you communicate honestly there's no awkwardness or difficulty at all. How do you tell your CA that youre moving to another CA Any tips on saying it directly or indirectly How do you tell your CA that youre moving to another CA Any tips on saying it directly or indirectly"
X Link 2025-11-19T03:38Z 20.9K followers, 14.1K engagements
"I am so so fortunate that the very first time I saw any football match on the television it was Manchester United with Rooney & Ronaldo in the team. Rooney is the one who made me fall in love with Manchester United Football Club. Wayne Rooney - Simply the greatest English player of all time & Manchester United's greatest ever player. πβ€ For me the best ever https://t.co/aZklHIN6ra For me the best ever https://t.co/aZklHIN6ra"
X Link 2025-11-19T17:16Z 21K followers, [----] engagements
"X is turning into LinkedIn day by day. A candidate was supposed to join us on Monday. He emailed us yesterday asking us to match the offer of the other company - it was higher by almost [--] Lakhs. We responded to him immediately that we can't do that - and if he's not interested we'll withdraw our offer. If he wants A candidate was supposed to join us on Monday. He emailed us yesterday asking us to match the offer of the other company - it was higher by almost [--] Lakhs. We responded to him immediately that we can't do that - and if he's not interested we'll withdraw our offer. If he wants"
X Link 2025-11-21T03:46Z 20.9K followers, [----] engagements
"MCA V3 Update : SPICe+ Part B MCA has introduced a new change in SPICe+ Part B filing. Now Company Mobile Number and Email ID must be verified through OTP before submitting incorporation forms. β OTP for Mobile Mandatory β OTP for Email Mandatory β Applicable for all new company registrations This step ensures accurate contact details and avoids errors during company incorporation"
X Link 2025-11-21T09:02Z 21K followers, 12.1K engagements
"GSTR [--] and GSTR 9C Status for FY 2024-25 Filed - 0% GSTR [--] and GSTR 9C Status for FY 2024-25 Filed -25% Pending for client confirmation - 36% Working on Data at Office -12% Waiting for data from client to start - 27% β¨ GSTR [--] and GSTR 9C Status for FY 2024-25 Filed -25% Pending for client confirmation - 36% Working on Data at Office -12% Waiting for data from client to start - 27% β¨"
X Link 2025-11-21T11:26Z 21.4K followers, [----] engagements
"Friends I came across this new Lenskart AI Powered Specs. And this feature of looking at meal & doing all calories count plus suggesting me what I should eat looking at my health condition. I must give a shout-out to Lenskart people. This helps me soooo much coz I eat almost anything & then later regret harming my body. But with this new specs I look after my life more smartly without always contacting a dietician and going through those grilling sessions"
X Link 2025-11-21T15:39Z 21K followers, 200.6K engagements
"Revamp needed for ROC rules related to Private Companies in my view: β
AGM exemption for Pvt & Small Companies: Most AGMs for small companies are just paper-based formalities held only because ROC filings require them. Removing this requirement would save time compliance burden and unnecessary costs for small businesses. β
Make Secretarial Audit compulsory: Surprisingly many companies have significant lapses especially in areas like loans guarantees related-party matters and statutory disclosures. A mandatory Secretarial Audit would ensure proper reporting and bring more transparency into"
X Link 2025-11-23T15:52Z 21.4K followers, 17.8K engagements
"Respected FM @nsitharamanoffc @FinMinIndia π @HelpdeskMCA21V3 late fees has become a very heavy burden especially for small companies. A reasonable cap is urgently needed. Also forms filed within due dates should not attract any filing fees at all. These are statutory filings and charging fees for timely compliance serves no real purpose and seems unjustified and illogical. Time to bring a small and rational change here that will give big relief to businesses"
X Link 2025-11-24T04:35Z 21.3K followers, 13.3K engagements
"India's worst website hands down. MCA V3 Portal And to say it bluntly : the one platform meant to ease statutory compliance has instead made even the most routine filings feel like a punishment. Its a daily struggle. π"
X Link 2025-11-24T16:46Z 21.3K followers, 10.7K engagements
"BREAKING: MCA Set to Exempt Companies with Turnover up to Rs [--] Crore from Statutory Audit Bad move Would result in lot of lapses in small companies"
X Link 2025-11-25T14:13Z 21.4K followers, 345.3K engagements
"GST Audits. gone. Bank Audits. gone to a large extent Small Companies Audit. will be gone soon. Only audit left would be Income Tax Audits. How will the SME CA firms survive in our country π’ What would the practicing CAs out of [--] lakh CAs by [----] even do in their practice"
X Link 2025-11-25T15:48Z 21.4K followers, 372.6K engagements
"Most of these pre-IPO profits are nothing but cosmetic accounting gains eg. fair-value revaluations one-time write-backs deferred expenses or exceptional items. The core operations dont suddenly transform in [--] months. If you remove these one-offs and look only at recurring EBITDA + operating cash flow the picture is almost the same as before: weak margins and inconsistent profitability. But retail rarely reads footnotes so the herd mentality takes over. π MamaEarth Lenskart now BoAT and many more IPOs in India - all of them were loss making businesses till just [--] year before the IPO For IPO"
X Link 2025-11-25T16:11Z 21K followers, [----] engagements
"The only true differentiator for our profession has always been Audit. Only Chartered Accountants across the world are legally empowered to audit and thats what makes our qualification stand apart. But look around today GST Audits - abolished Bank Audits - drastically reduced Small Companies Audit - likely to go next Soon the only audit left may be Income Tax Audit. If this is the direction how are SME CA firms expected to survive If this continues the future of the profession wont be about competence - it will simply be about shrinking opportunities. Are we heading towards a scenario where"
X Link 2025-11-26T03:09Z 21.4K followers, 27.9K engagements
"All of this sounds great in theory. But come down to Tier-2 / Tier-3 cities and see the ground reality. SME businesses here dont want AI-driven dashboards model audits or predictive analytics. They want basic compliance at affordable cost and thats exactly what small and mid-size CA firms serve. Not every client is an MNC with SAP + automation budgets. The economy is built on MSMEs and they still need statutory checks independent assurance and human judgment and not just buzzwords. Technology has a role yes. But to say audits will disappear and AI will replace everything is far from the real"
X Link 2025-11-26T03:28Z 21.2K followers, [----] engagements
"GSTR [--] & 9C due date is 31st December [----]. But IDT Committee of ICAI has still not released Technical Guide on GSTR-9 and 9C for this year. π₯² So following @DEEPKORADIA sir's amazing charts & tables for the same π₯ Would recommend everyone the same for correct filing of GST Annual Returns. π"
X Link 2025-11-26T13:21Z 21.4K followers, 16.8K engagements
"π§΅ An HUF can legally save you 40000100000+ every year. Yet 98% of Indians dont create one. Heres why this structure is so powerful ππ»"
X Link 2025-11-26T16:25Z 21.4K followers, 34.7K engagements
"2/ An HUF (Hindu Undivided Family) is a separate taxpayer under the Income Tax Act. It gets its own: PAN Bank account Tax slab 80C limit Your family basically gets another entity to earn invest & plan taxes"
X Link 2025-11-26T16:25Z 21.3K followers, [----] engagements
"3/ Where do the savings come from An HUF can: Use its own basic exemption Claim separate deductions Receive family gifts Hold ancestral assets Create its own capital gains profile This reduces the tax load on the main earner"
X Link 2025-11-26T16:25Z 21.3K followers, [----] engagements
"4/ Under the New Tax Regime the real benefit is income separation. Youre creating a second person with: 3L basic exemption + standard deduction Slabs up to 7L (rebate) Separate LTCG & STCG computation The right income routed here = meaningful yearly savings"
X Link 2025-11-26T16:25Z 21.3K followers, [----] engagements
"5/ What can an HUF actually do β Invest in equity MFs ETFs β Build a separate compounding portfolio β Hold family property β Receive marriage gifts (exempt) β Make succession smoother Completely legal. Completely practical"
X Link 2025-11-26T16:25Z 21.3K followers, [----] engagements
"6/ If you want to invest or trade through your HUF use a platform that supports it well. Dhan lets you open an HUF demat in [--] minutes: Free and Digital HUF onboarding Invest in stocks ETFs and MFs at Rs. [--] Brokerage Clean family-level portfolio tracking Perfect for long-term tax-efficient wealth"
X Link 2025-11-26T16:25Z 21.3K followers, [----] engagements
"7/ Bottom line: Most people skip HUF simply because they dont know about it. But for families with rental income capital gains or ancestral assets - its one of the simplest ways to cut taxes & build generational wealth"
X Link 2025-11-26T16:26Z 21K followers, [----] engagements
"Easy to say all this when youre sitting in Bombay/Bangalore - but for a CA in a Tier-2/3 city the profession doesnt look the same and the market doesnt behave the same. In smaller cities: β‘ Businesses dont pay for value until the law forces them. β‘ Compliance is survival because advisory clients are limited and price-sensitive. β‘ If audits go away there isnt a consulting pipeline magically waiting to replace it. Not because we dont want to upskill (which you so casually use as an insult it seems) but because the ecosystem maturity is worlds apart. Most small-city CAs arent lazy or"
X Link 2025-11-26T17:57Z 21.3K followers, 34K engagements
"Preparations underway for today's (27 Nov 2025) Career in Accounting and Finance for Youth (CAFY) & Super Mega Career Counselling Programme being organised by Sangrur Branch of NIRC of ICAI. This ICAI national initiative guides school & college students on careers in Commerce Finance and the CA profession and will inspire 400+ students who will be joining us today from various schools of the region. π₯π₯π₯Ή"
X Link 2025-11-27T01:38Z 21.3K followers, [----] engagements
"6% interest on delayed GST refund - and that refund clock starts only after their entire verification marathon is over and only if [--] days have been passed from acceptance of Refund. 18% interest on delayed GST payment - meter starts from day one no questions asked. Such imbalance why this Kolaveri Di π₯² 6% interest on Late Payment of Income Tax Refund. Interest on Income Tax is considered as Taxable Income. 12% Interest on Late Payment of Income Tax. This is not a Tax Deductable Expense. Why this Kolaveri Di 6% interest on Late Payment of Income Tax Refund. Interest on Income Tax is"
X Link 2025-11-27T16:13Z 21.4K followers, 14K engagements
"Today is the final day to generate UDIN for audits where the AGM was held on 30th September [----]. Members who have signed any reports or certificates linked to such AGMs are advised to ensure UDIN is generated before the window closes to maintain full compliance. The 60-day UDIN window from the date of signing (30-09-2025 to 28-11-2025) ends today ππ»"
X Link 2025-11-28T03:16Z 21.4K followers, 23.3K engagements
"@mmvora369 @jamtaara @IncomeTaxIndia @PMOIndia @FinMinIndia @theicai HUF cant have salary income. What even are you saying"
X Link 2025-11-28T04:38Z 21.3K followers, [--] engagements
"π India's new Rent Agreement Act [----] is here β
Every tenancy must have a digitally stamped and online-registered rent agreement filed within [--] days of signing. β
Residential security deposit cannot exceed two months rent β
Commercial tenancy cannot exceed six months rent. β
Rent can be revised only after completion of [--] months and only when a 90-day written notice is served by the landlord. β
If essential repairs are reported the landlord is legally bound to complete them within [--] days before the tenant can adjust the cost from rent. β
Landlords must give a minimum of 24-hour written"
X Link 2025-11-29T02:59Z 21.5K followers, 735.1K engagements
"Dear @Infosys_GSTN My colleague @ketanca25 applied for a GST cancellation request on 31st August. More than [--] months have passed and no action no update no accountability. There are strict timelines and penalties for taxpayers but none for the officers handling these applications. If delays from the department are cost-free how will Ease of Doing Business ever become reality @nsitharamanoffc @nsitharaman"
X Link 2025-11-29T05:12Z 21.4K followers, 13.3K engagements
"Dear @ruwatiaofficial sir One of the new CA members of our region is unable to register on Income Tax Portal as CA due to the error. Invalid PAN Please enter valid PAN The PAN has been updated on SSP Portal already but still this error is persisting. How to resolve the same @theicai"
X Link 2025-11-29T07:38Z 21.4K followers, [----] engagements
"Requesting @theicai UDUN Directorate to give one-time relaxation for generating UDINs for genuine cases where members may have forgot to generate the same. ππ» It would be in the kind benefit of all stakeholders. ππ»ππ» @CAHimankSingla Sir I couldn't generate udin till yesterday please guide for further action i should takeππ @CAHimankSingla Sir I couldn't generate udin till yesterday please guide for further action i should takeππ"
X Link 2025-11-29T09:55Z 21.4K followers, 13.3K engagements
"Big GST Shockwaveβ‘ J&K & Ladakh High Court rules that trade with PoK is NOT foreign but it is Intra-State supply because PoK remains part of Indian territory. Result: CGST + SGST apply - NOT IGST. A legal reminder to the world: PoK is India"
X Link 2025-11-29T10:22Z 21.4K followers, 76.5K engagements
"Indian govt. orders WhatsApp Telegram & other platforms to ensure that their services cannot be used unless the user has an active SIM card in their device. And to log out web-based chat sessions every six hours. π€·π»βπ€·π»β"
X Link 2025-11-30T04:09Z 21.4K followers, [----] engagements
"π¨ BIG BREAKING π¨ Finance Minister to table the Health Security & National Security Cess Bill [----] and Central Excise (Amendment) Bill [----] in Lok Sabha tomorrow. πΉ Cess on pan masala & gutkha to be levied under the new Bill πΉ Cigarettes cess to be introduced via amendment to the Central Excise Act πΉ No change in cess rates current GST cess rates will continue π The existing GST Compensation Cess on these products will now be replaced by the new cesses"
X Link 2025-11-30T13:48Z 21.4K followers, 34.5K engagements
"π€·π»β Ease of Doing Business. Reality Check. [--] days ago a client walked in excited to incorporate his new venture as a company. Today he walked out saying: Forget this company idea. Just register a partnership firm with a notarised deed. At least I will get to start business early and focus on business not OTPs. Forming a company today easily triggers [----] OTPs across stages: 3-4 OTPs just for Digital Signatures [--] OTPs for company data verification [--] OTPs for director data verification [--] OTPs inside AGILE filing 3-4 OTPs for creating/resetting MCA login credentials And the worst part If the"
X Link 2025-11-30T17:54Z 21.5K followers, 28.5K engagements
"@dIGVijA27214584 @volklub Best buy I ever made too Honda Elevate is different class π₯π"
X Link 2025-12-01T02:59Z 21.4K followers, [---] engagements
"@amits6050 How Write deed in [--] day notarize it and apply pan on same day. PAN comes within 2-3 days and we can start operations from there"
X Link 2025-12-01T04:50Z 21.4K followers, [----] engagements
"INCOME TAX PORTAL ERROR: All ITRs being filed today for audited assessees are getting this error. It is advised to wait for changes in ITD Utility and updation in ITRJsonschema"
X Link 2025-12-01T05:26Z 21.4K followers, 16.8K engagements
"π¨ Some Golden Rules for GSTR-9 β
GST Tax Payable as per Table [--] = GST Tax Payable as per Table [--] (except negative ITC cases - very rare) β
Table 8C of GSTR-9 = Table [--] of GSTR-9 = Table 12C of GSTR-9C (generally but very rare situations exist where it may not match) β
Table 6A1 of GSTR [--] = Table 8C (& Table 13) of GSTR-9 of previous FY β
Table 8C of GSTR-9 = GST ITC Not in 2B as per Books or ITC actually available in GSTR-2B upto 30th Nov (whichever is lower) β
Ensure that Table 4G (Tax paid on RCM inward supplies) = Sum of Table 6C & 6D (Bifurcation of RCM ITC) β
If GST Short paid was not"
X Link 2025-12-01T15:14Z 21.4K followers, 25.6K engagements
"@Hemanthjn7 Did I tell you to buy that stock Did I give any entry recommendation"
X Link 2025-12-02T04:19Z 21.4K followers, [---] engagements
"@ca_whotravels jersey le aao Manchester United ki π₯Ή"
X Link 2025-12-02T15:57Z 21.4K followers, [---] engagements
"Many professionals are facing the same issue. Income tax refunds of a large number of taxpayers are still pending. Clients are calling repeatedly and CAs are unable to provide timelines because no official communication has been issued on delays. If refunds are getting held up due to increased scrutiny this year it would be helpful if the @IncomeTaxIndia @FinMinIndia proactively informs taxpayers through SMS / emails / portal notification the same way "quick refund processing" was promoted earlier. A clear public update can: β
Reduce anxiety among taxpayers β
Prevent unnecessary follow-ups and"
X Link 2025-12-04T05:30Z 21.4K followers, 37.8K engagements
"@kapsology @StarHealthIns This feels like an oversimplification. Health insurance premiums dont increase just like that. It is driven by the rising medical inflation product benefits frequency and severity of claims in a portfolio. It is implemented only after approval from the regulator"
X Link 2025-12-04T12:16Z 21.4K followers, [----] engagements
"GST BREAKING: Notices for suo-moto cancellation of GST registration due to Rule 10A non-compliance have now formally started. β
Taxpayers who have not furnished their bank account details on the portal within the prescribed timelines are receiving emails indicating immediate suspension of GSTIN with effect from the date mentioned in the notice. β
The communication clearly states that if bank details are not updated within the stipulated time the suspension will automatically convert into cancellation. Businesses are advised to verify whether bank account details are correctly updated on the"
X Link 2025-12-05T04:12Z 21.4K followers, 17K engagements
"Decoding GSTR-9: The Ultimate ITC Reporting Matrix for Annual Returns π₯π₯ Original Post Link: https://www.linkedin.com/posts/aditya-raj-singh-89925b27b_gst-gstr9-fy2425-activity-7402913320988561409-oqcR https://www.linkedin.com/posts/aditya-raj-singh-89925b27b_gst-gstr9-fy2425-activity-7402913320988561409-oqcR"
X Link 2025-12-08T05:03Z 22.3K followers, 25.7K engagements
"They will never close the Nehru chapter because it isn't about history it's about politics. Keeping the debate alive helps them avoid talking about unemployment inflation farmers exams women's safety MSMEs falling exports and real governance issues If they close it once for all what will they campaign on Make a list of all the mistakes of Jawaharlal Nehru: Priyanka Gandhi's jibe at PM Modi. https://t.co/eUIA1phin6 Make a list of all the mistakes of Jawaharlal Nehru: Priyanka Gandhi's jibe at PM Modi. https://t.co/eUIA1phin6"
X Link 2025-12-09T16:59Z 21.4K followers, 24.5K engagements
"ICAI MAJOR BREAKING: Migration of UDIN Portal to ICAI DigiCA Platform The members are hereby informed that the Institute of Chartered Accountants of India (ICAI) is contemplating migration of the existing UDIN Portal to the ICAI DigiCA Platform on 20th December [----]. The upgraded system will provide improved interface better usability and enhanced features in line with the various decisions of the Council. To facilitate the migration the existing UDIN Portal will remain unavailable for UDIN related activities (generation/ verification) during the transition window for around [--] hours i.e."
X Link 2025-12-12T06:49Z 22.3K followers, 21.9K engagements
"BIG RESET BY THE CENTRE The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) [----] is proposed to be renamed as the Pujya Bapu Grameen Rozgar Guarantee Bill [----]. And yes the short form is PUBG ππ€£"
X Link 2025-12-12T09:06Z 21.9K followers, [----] engagements
"@AbhasHalakhandi I have another doubt regarding GTA mechanism. Suppose GTA opts RCM option then he makes supplies to an unregistered person how will the unregistered person discharge RCM Will the unregistered person have to take mandatory registration How will GTA ensure payment of taxes to government"
X Link 2025-12-13T02:39Z 21.4K followers, [----] engagements
"π¨ BREAKING IMPORTANT COMPLIANCE UPDATE UDIN PARTICULARS : NOC DETAILS MADE MANDATORYπ¨ There is now a new disclosure relating to the No Objection Certificate (NOC) from the Previous Auditor at the time of UDIN generation on new DigiCA platform. Accordingly while generating UDIN for audit reports members will be required to appropriately capture particulars relating to the Previous Year auditor including confirmation of obtaining NOC / communication as mandated under the Code of Ethics wherever applicable Source: https://udin.icai.org/pdf/ICAI-DigiCA%20UDIN%20Portal%20Manual_Updated.pdf"
X Link 2025-12-16T10:30Z 22K followers, 29.3K engagements
"GST Portal Update Alert : Smarter Credit Note Handling in IMS GSTN has rolled out an update on IMS Dashboard that brings much needed flexibility in handling credit notes. πΉ What's Changed - When accepting a credit note you can now choose whether to reduce ITC: - Yes - ITC gets reduced (default for eligible ITC) - No - ITC remains unchanged (useful if ITC was already reversed or never availed)"
X Link 2025-12-18T05:45Z 22.1K followers, 13.9K engagements
"Honble Supreme Court has issued Notices in an Article [--] writ petition filed by @FADA_India challenging removal of Cess without any transitional mechanism for Cess ITC causing severe impact on automobile dealers. The issue will now be examined in detail by H SC. Supreme Court to hear today on the issue of accumulated compensation cess being lapsed This issue arose after removal of Compensation Cess on Automobiles after 22th Sept GST [---] Reforms https://t.co/9qBFzcA8KE Supreme Court to hear today on the issue of accumulated compensation cess being lapsed This issue arose after removal of"
X Link 2025-12-18T10:17Z 22.4K followers, [----] engagements
"". there is an apparent significant gap between disclosures in the ITR & information as received from the Reporting Entities." Please tell me disclosure requirement of Purchase of Vehicles & Purchase of immovable property in ITR Please tell me where to disclose the same. You clowns will never accept your mistakes but keep justifying your deeds via some illogical tweet just to keep lowering the image of us professionals. Some references have come to the notice of the Income Tax Department regarding recent communication sent to taxpayers pertaining to transaction(s) made by them. Taxpayers may"
X Link 2025-12-18T12:31Z 22.2K followers, 63.9K engagements
"Income Tax Portal vs GST Portal vs MCA V3 Portal vs EPFO Portal Rank these Portals from Worst to Best [--] being the worst and so on. π₯Ή For me [--]. EPFO [--]. MCA V3 [--]. Income Tax [--]. GST Portal"
X Link 2025-12-18T17:29Z 22.1K followers, 13.9K engagements
"That email language from the @IncomeTaxIndia honestly needs a rethink. Lines like "we are treating this as an error for now but if you dont act it will be treated as a deliberate choice" sound less like a gentle reminder and more like last warning before trouble. For an ordinary taxpayer reading it the immediate reaction is panic not compliance. Most of these mismatches are not fraud. The email tone assumes intent even before giving the taxpayer a fair chance to explain. If the goal is voluntary compliance the communication should be calm informative and supportive something like "please"
X Link 2025-12-19T02:12Z 22K followers, 26.5K engagements
"MCA V3 : A Missed Opportunity in System Design The rollout of MCA V3 was intended to be a transformational upgrade with modern interface faster processing and a future-ready compliance ecosystem. However in its current form it reflects a critical policy and implementation gap. The Government missed a clear opportunity by not introducing offline filing utilities on the lines of the Income-tax Return (ITR) offline utilities. When the entire system is dependent on continuous online availability even a minor technical disruption brings the compliance machinery to a standstill. Unlike ITR"
X Link 2025-12-20T02:48Z 22K followers, [----] engagements
"ICAI BREAKING: New UDIN Portal is now ACTIVE Members may log in to the UDIN Portal using the same login credentials as used for SSP. http://www.udin.icai.org http://www.udin.icai.org http://www.udin.icai.org http://www.udin.icai.org"
X Link 2025-12-20T12:51Z 22.4K followers, 10K engagements
"UDIN Portal credentials are same as SSP Login credentials now Ab agr koi principal transfer nahi de rha hoga to badia hai SSP Portal login kro and transfer request approve kro Mere time pr kyon nahi aaya ye feature π₯Ίπ₯Ί Needs to be looked at priority @theicai https://twitter.com/i/web/status/2002368270968721485 https://twitter.com/i/web/status/2002368270968721485"
X Link 2025-12-20T13:19Z 22.3K followers, 24.3K engagements
"Speaking as a CA it is important for us to be careful before branding fellow taxpayers or worse fellow professional as indulging in tax evasion. Every incorrect claim is not concealment. With due respect labelling every such case as tax evasion is neither correct nor fair. Not all matters arise from concealment or deliberate misreporting. In many cases especially involving self-filers the error is purely procedural such as selecting the wrong section missing the donee PAN or not being fully aware of the distinction between Section 80G and Sections 80GGC / 80GGB. An otherwise eligible"
X Link 2025-12-20T16:59Z 22K followers, 12.6K engagements
"No one is disputing that every deduction has a distinct section and a specific legislative purpose. However that principle cannot be stretched to conclude that every wrong section selection automatically amounts to wrongdoing. The Act itself recognises that human and procedural errors do occur which is why remedies like Rectification exist. A mistake becomes "apparent from the record" when the facts are already on record and are undisputed and only their application or classification is incorrect. Where the nature of donation payment details and donee PAN clearly establish it as a political"
X Link 2025-12-20T17:21Z 22K followers, [----] engagements
"Why cant the @IncomeTaxIndia Department prescribe a reasonable threshold for reporting foreign shares of employees organisations Even investments below [-----] are being required to be reported leading to unnecessary mental stress for taxpayers (salaried in most cases) In most ESPP / ESOP cases tax is already paid at the time of vesting or allotment. If the income is already taxed why is the same employee again subjected to compliance pressure only on account of disclosure in Schedule FA The larger issue is practical. In nearly 90% of cases employees do not even have access to proper data or do"
X Link 2025-12-21T12:54Z 22.2K followers, 21.1K engagements
"Cost of applying for a DIN: [---] + Professional Fees β
Cost of not mentioning it: [-------] β What happens if we dont comply This question comes up repeatedly in corporate governance discussions with clients and the answer is often underestimated. Merely having a DIN is not compliance. Mentioning the DIN is mandatory. Section [---] of the Companies Act [----] clearly requires that every return form or document filed under the Act must mention the Director Identification Number wherever the directors name appears. On paper this may look like a routine mechanical step just adding a number. In reality"
X Link 2025-12-21T16:51Z 22.1K followers, 38.1K engagements
"UDIN website not working. MCA V3 not working. GSTR-9 & 9C are pending. Income Tax Deptt sending Notices to assessees for Foreign Assets disclosures & ITR-U etc. GST FY 2021-22 scrutiny cases deadline. Belated ITR due date not being extended in consonance with original ITR date extensions. Happy New Year in advance my professional friends. ππ₯Ή Practice was not meant to be this difficult and draining"
X Link 2025-12-22T17:17Z 22.1K followers, 24K engagements
"New day. New drama by @IncomeTaxIndia Now if an employee hasn't reported any deduction claims to employer but has claimed those in ITR does that mean he is a tax evader Assessees claiming genuine deductions are receiving this email treating them as tax evaders and creating panic Also when will @IncomeTaxIndia serve Notice on the MLA who lit up Rs. [--] lakhs worth firecrackers on a wedding Probably never"
X Link 2025-12-23T03:14Z 22.3K followers, 217.5K engagements
"Heinous Crimes in Vikshit Bharat: Corruption β Bribery β Getting caught with heaps of unaccounted cash at your homes β β
Claiming your own ITR refund β
Asking why the refund is delayed β
Claiming a legitimate deduction β
Not disclosing Rs. 1000/- worth of IndMoney US stocks"
X Link 2025-12-23T05:25Z 22.1K followers, 71.7K engagements
"How to Report Foreign Assets in your ITR π«‘"
X Link 2025-12-23T08:49Z 22.3K followers, 38.4K engagements
"Belated & Revised ITR due dates should be extended to 31st March [----] (due to flurry of Notices & Intimations in last [--] days) MCA Waiver for waiver of additional fees of Annual Filings should be extended to 31st March [----] (due to world-class outage of V3 Portal) GSTR-9 & GSTR-9C due date should be extended to 31st January [----] (as professionals may not have time to file considering above challenges and festive season) Due date to generate UDINs from 20th December should be extended by 15-20 days (till new UDIN Portal stabilizes) Enough is enough Systemic failures cannot be passed on to"
X Link 2025-12-23T15:25Z 22.3K followers, 23.6K engagements
"Today: Let's do MCA V3 filings. Oops V3 isnt working (No surprise). Never mind let's check Income Tax Notices of deductions. Oops these clients are in New Regime - there is no question of deductions. Nothing seems to be working. Let me just update UDINs on Income Tax Portal. What the hell UDINs are not getting updated by Income Tax Portal due to new UDIN website issues π€·π»β Happy New Year to all of us professionals in advance. No rest this year"
X Link 2025-12-23T16:48Z 22.1K followers, [----] engagements
"Dear @theicai AY 2026-2027 is not appearing in UDIN drop-down list. How to make GST related UDINs of ITC Forms or Refund Applications where CA Certification is required Same is case for 15CA-CB and various other Certifications of Income Tax. @ruwatiaofficial @abhishekrajaram @RajeshSharmaBJP ππ»ππ» https://twitter.com/i/web/status/2003770672464666704 https://twitter.com/i/web/status/2003770672464666704"
X Link 2025-12-24T10:12Z 22.3K followers, [----] engagements
"Reviewed Lenskarts H1 FY26 financials. [----] Cr revenue and [---] Cr PAT in six months indicates strong operating discipline. Profit scaling alongside revenue is always a good sign in retail. This suggests a business that has crossed the execution risk phase. Numbers look consistent and controlled. Lenskart Quarter Report https://drive.google.com/file/d/1LAjkbdAgYBqh1DR-QecmvtU_RwjA4rl5/view https://drive.google.com/file/d/1LAjkbdAgYBqh1DR-QecmvtU_RwjA4rl5/view https://drive.google.com/file/d/1LAjkbdAgYBqh1DR-QecmvtU_RwjA4rl5/view"
X Link 2025-12-24T16:59Z 22.3K followers, 565.2K engagements
"Dear @IncomeTaxIndia @nsitharaman @nsitharamanoffc @FinMinIndia Yet another unwarranted harassment by CPC. For ITR-U filed by taxpayers Interest u/s 234B is being levied till date of processing instead of date of filing This is a clear misinterpretation of Section 234B law and results in unjustified demands. When will the harasament end for taxpayers in this country Should the taxpayer go in Appeal in every case Why don't you issue suo-moto instructions to CPC to rectify these Intimations ANOTHER EXAMPLE OF HOLLOW & BAD GOVERNANCE https://twitter.com/i/web/status/2004034162853138847"
X Link 2025-12-25T03:39Z 22.4K followers, 39.2K engagements
"Another unwarranted harassment by CPC When tax is payable under MAT the Act itself mandates filing of Form 29B duly certified by a CA. Then why is CPC issuing Intimation of Proposed Adjustment / Incorrect claim u/s 143(1)(a) for cases where Form 29B applicability dont exist and tax is payable under normal provisions only Mechanical processing without applying mind to MAT provisions is causing unnecessary harassment etc. again to taxpayers and maligns image of tax professionals. CPC must align processing logic with the law. https://twitter.com/i/web/status/2004061214431932587"
X Link 2025-12-25T05:26Z 22.3K followers, 31.6K engagements
"Compliance Alert Reminder : MCA Filings Missing the 31st December [----] deadline can cost companies [----] overnight. π³ If AOC-4 and MGT-7 / MGT-7A are not filed by 31-12-2025 late fees becomes applicable from the morning of [--] January [----]. β‘ [----] for AOC-4 β‘ [----] for MGT-7 / MGT-7A (Assuming AGM held on [--] September 2025) Important clarification: The relief granted by MCA was only a waiver of additional fees for the past delay. There has been no extension of the statutory due date. Despite ongoing challenges on the MCA portal the compliance responsibility continues to rest on companies and"
X Link 2025-12-26T03:33Z 22.3K followers, 17.5K engagements
"Finally @SagInfoTech has noted of the AIS issue I wrote about [--] months back and acted on the same. A warning now appears in the latest update that "There may be cases of double entries in the sale of securities and mutual fund units due to the same date being reported by different entities under SFT-17 and SFT-18 codes." Kudos @SagInfoTech ππ Really the best Income Tax compliance software in the market π¨ Important Advisory for Tax Professionals & Mutual Fund Investors w.r.t. ITR Filing Sharing this based on a real case encountered today by me in our office. Kindly spread awareness. During"
X Link 2025-12-26T05:18Z 22.2K followers, 20.3K engagements
"RT if MCA Portal is NOT working. Like if MCA Portal is NOT working Quote if MCA Portal is NOT working. Comment if MCA Portal is working #extend_roc_due_dates"
X Link 2025-12-26T12:59Z 22.3K followers, [----] engagements
"MCA Due Date extension is coming Wait till Monday ICAI had a meeting with the MCA officials and have brought various issues relating to the filing. They have in principle agreed for an extension. The formal order is expected by Monday"
X Link 2025-12-26T16:19Z 22.3K followers, 45.3K engagements
"ALL GSTR-9/9C FILINGS COMPLETED IN OUR OFFICE π₯Ήπ₯Ήπ₯π«‘"
X Link 2025-12-27T11:59Z 22.3K followers, 20.3K engagements
"Dear @theicai Just received this message: Ur PAN is missing/incorrect in SSP; UDIN can't be gen'd. Pl update PAN by midnight. Reflection may take 24hrs. UDIN can be gen'd next day. Rg UDIN Dir.ICAI New day New dilemmna in everyday practice life of a Chartered Accountant Also the words are too unprofessional. Using "Ur" instead of "Your" and "gen'd" instead of "generated" Also how can PAN be deleted from SSP Portal when it already has been updated from the beginning π³π³ https://twitter.com/i/web/status/2004904287479189544 https://twitter.com/i/web/status/2004904287479189544"
X Link 2025-12-27T13:16Z 22.3K followers, 24.3K engagements
"Personally I think extension would be granted for: β
ROC Annual Filings β
Peer Review Deadline for CA firms When you ask Ideally should be Monday so that all professionals and taxpayers and enjoy their New Year in peace ππ» Humble request to @MCA21India @theicai @FinMinIndia to announce timely extension rather than waiting for last minute announcement on 31st Dec. https://twitter.com/i/web/status/2004954551808655863 https://twitter.com/i/web/status/2004954551808655863"
X Link 2025-12-27T16:36Z 22.3K followers, 30.9K engagements
"Only [--] categories of professionals are working today. Guess who π₯Ήπ₯Ήπ₯²"
X Link 2025-12-28T03:19Z 22.3K followers, 64.4K engagements
"Absoute mockery and autocracy by @IncomeTaxIndia How can they deny the right to file a Rectification Request to CPC Which provision of law governs this in absence of transfer of Rectification Rights to AO π Concern regarding restriction on filing online Rectification for correction of dedcution inadvertently claimed from 80G(100%) to 80GGC While filing rectification u/s [---] the portal shows no variance in processed return and blocks online rectification π This https://t.co/FenQcN9fX8 π Concern regarding restriction on filing online Rectification for correction of dedcution inadvertently"
X Link 2025-12-28T16:44Z 22.3K followers, 19.2K engagements
"Dear @MCA21India @nsitharaman @nsitharamanoffc mam There is no sane or logical reason to keep due dates on 31st December. The whole world deserves to celebrate New Year's Eve with happiness and peace. ππ» A gentle & humble reminder to extend ITR/ROC/GST Annual filings due date from 31st December to 31st January ππ» Every professional in the country deserves proper work-life balance. π₯Ί https://twitter.com/i/web/status/2005331854279524523 https://twitter.com/i/web/status/2005331854279524523"
X Link 2025-12-28T17:35Z 22.3K followers, 24.9K engagements
"Extension will come definitely MCA V3 IS THE WORST PORTAL IN THE WHOLE WIDE WORLD. I dare MCA team to come live with me and file Returns from this shitty Portal"
X Link 2025-12-29T12:36Z 22.3K followers, 23K engagements
"An unpopular opinion perhaps but the decision not to grant an extension may actually lead to increased non-compliance. Many clients are unwilling to bear an additional cost of [----] (6000 for AOC-4 and [----] for MGT-7 / MGT-7A). As a result this could trigger a chain of consequences ultimately discouraging promoters from continuing with companies and pushing them towards non-corporate structures such as partnership firms or their corporate alternative LLPs. There are also a significant number of companies that have pending non-compliances from earlier years. In this context settlement or fresh"
X Link 2025-12-29T18:17Z 22.3K followers, 19.8K engagements
"JUSTICE DELAYED IS JUSTICE DENIED. EXTEND ROC ANNUAL FILING DUE DATE NOW. π‘ EXTEND GST ANNUAL FILING DUE DATE NOW. π‘ EXTEND BELATED/ REVISED ITR FILING DUE DATE NOW. π‘ PROFESSIONALS AND THEIR STAFF DESERVE TO CELEBRATE NEW YEAR IN PEACE WITH THEIR FAMILIES. ππ»"
X Link 2025-12-30T07:06Z 22.4K followers, 21K engagements
"Peer Review extension incoming. Now ROC annual extension news waiting"
X Link 2025-12-30T08:38Z 22.4K followers, 15.4K engagements
"One thing that CA & CS community can agree upon without any infighting. MCA V3 is the worst portal to exist anywhere in the world. ππ»ππ»ππ»ππ»"
X Link 2025-12-30T08:42Z 22.4K followers, 13K engagements
"BREAKING: ROC DATE EXTENDED π₯π₯π₯π₯π₯π₯π₯π₯π₯π₯π₯π₯"
X Link 2025-12-30T09:42Z 22.4K followers, 40K engagements
"Your apology should be as loud as your disrespect ROC Annual Due date now extended to 31.01.2026. Thankyou all who trusted me ππ» MCA Due Date extension is coming Wait till Monday ICAI had a meeting with the MCA officials and have brought various issues relating to the filing. They have in principle agreed for an extension. The formal order is expected by Monday. MCA Due Date extension is coming Wait till Monday ICAI had a meeting with the MCA officials and have brought various issues relating to the filing. They have in principle agreed for an extension. The formal order is expected by"
X Link 2025-12-30T10:02Z 22.4K followers, 24.5K engagements
"Watched the Satyam episode from Bad Boy Billionaires on @netflix last night. Behind the fictitious cash of 5000+ crore fake interest income and inflated revenues were real people largely middle-class employees and small investors. Overnight ESOPs became worthless salaries were uncertain careers stalled and years of savings invested through mutual funds and shares were eroded. Corporate fraud of this scale doesnt hurt promoters alone but it transfers risk and loss to those least equipped to absorb it. Episodes like Satyam remind me why Im proud to be a Chartered Accountant - our role shouldn't"
X Link 2026-01-01T17:31Z 22.3K followers, 90.6K engagements
"The Ministry of Corporate Affairs (MCA) has introduced a new classification in the Company Master Data clearly indicating whether a company qualifies as a Small Company or not ππ» https://twitter.com/i/web/status/2007101742442508458 https://twitter.com/i/web/status/2007101742442508458"
X Link 2026-01-02T14:48Z 22.3K followers, 10.4K engagements
"FACT CHECK: π¨ Savings Bank Interest - Not fully tax-free. β
Up to [-----] of interest from a savings bank account is exempt under Section 80TTA (for individuals/HUF) - that too under Old Regime only. Beyond that its fully taxable. β
Also fully taxable in New Regime. π¨ Voluntary Provident Fund (VPF) β
Interest credited in VPF is exempt only if total employee + employer PF contribution does not exceed [---] lakh in the year. Any interest beyond that is taxable. π¨ Life Insurance Maturity β
Proceeds from life insurance policies are exempt under Section 10(10D) only if certain conditions are"
X Link 2026-01-03T01:44Z 22.4K followers, [----] engagements
"Thankyou @elonmusk π₯Ίπ₯Ίπ«‘"
X Link 2026-01-03T03:46Z 22.3K followers, [----] engagements
"Less than a month now for Budget [----] to be presented. My expectations from Budget 2026: India needs BOLD and REVOLUTIONARY steps in taxation to truly transition from a developing to a developed economy. β
Make dividend income tax-free to eliminate economic double taxation and encourage wider retail participation. β
Exempt long-term capital gains on securities to promote long-term investing and capital formation (just as it was before) β
Tax agricultural income above [--] lakh to curb misuse and ensure equity in the tax system (No one earning [--] lakhs deserves NIL taxation contribution to our"
X Link 2026-01-04T03:52Z 22.4K followers, 20K engagements
"Goodbye "Assessment Year" Hello "Tax Year" The countdown to the biggest tax reform in [--] years has officially begun. On 1st April [----] the Income Tax Act [----] will be replaced by the Income Tax Act 2025"
X Link 2026-01-05T02:45Z 22.4K followers, 53.6K engagements
"ICAI UDIN UPDATE: Good News for all Practicing CAs UDIN Updation on Income Tax Portal is now happening smoothly. I was able to update my pending Form 29B Form 3CA-3CB Form 15CA related UDINs smoothly in last [--] hours. Everyone may try now and update their UDINs. https://twitter.com/i/web/status/2008517301549871379 https://twitter.com/i/web/status/2008517301549871379"
X Link 2026-01-06T12:33Z 22.4K followers, [----] engagements
"World-class coding by world-class tech team of world-class company. π«‘π«‘π₯"
X Link 2026-01-07T10:09Z 22.4K followers, 25K engagements
"Manchester United matchnight ππ«Ά Taking on Burnley at Turf Moor βͺπ£ https://t.co/yIVoZYFhLA Taking on Burnley at Turf Moor βͺπ£ https://t.co/yIVoZYFhLA"
X Link 2026-01-07T14:41Z 22.4K followers, [----] engagements
"Humour ko humour ki tarah lena bhai log ππ"
X Link 2026-01-07T16:09Z 22.4K followers, [----] engagements
"India needs time-bound accountability in tax administration. Deadlines for filing ITRs are strict penalties for delay are automatic but refund delays have no consequences. β Tight timelines for taxpayers β No defined timelines for refunds β Penalties for delayed payments β No accountability for delayed refunds A credible tax system must treat taxpayers and the department by the same rules. RT or Like this Tweet if your lawful ITF Refund is still pending π https://twitter.com/i/web/status/2009088484892623341 https://twitter.com/i/web/status/2009088484892623341"
X Link 2026-01-08T02:23Z 22.4K followers, 11.7K engagements
"Issues in @IncomeTaxIndia ITR Processing that are troubling taxpayers from last [--] years. β
Denial of 87A Rebate for AY 2024-2025 β
Levy of Rs. 5000/- late fees for partners of audited firms β
Levy of interest in ITR-U upto date of processing of ITR β
234C being wrongly calculated in ITRs from AY 2025-2026 β
Form 29B filing default marked in cases where MAT levy is not attracted . . and many more. In all such cases assessees are being asked to file Appeal and bear litigation costs due to inefficiency of CPC in correcting these errors in ITR Rectification. It very well looks like intentional"
X Link 2026-01-08T04:52Z 22.4K followers, 27.5K engagements
"Enroute to Income Tax Act 2025"
X Link 2026-01-08T13:57Z 22.4K followers, 11.4K engagements
"Dear @Infosys_GSTN The GST portal is blocking GSTR-1 summary generation of Rule 14A registered taxpayers citing breach of Optional category limits (B2B tax liability [---] lakh/month). However there is no clear workflow or guidance on how to opt out of this category on the portal Kindly clarify the exact procedure and timeline to switch out of the Optional category so returns can be filed without disruption. This ambiguity is causing avoidable compliance issues for taxpayers and professionals. https://twitter.com/i/web/status/2009603487362068804"
X Link 2026-01-09T12:29Z 22.4K followers, 15.7K engagements
"In the absence of any system-enabled exit mechanism or official procedural clarity the only practical option currently available to taxpayers is to defer B2B outward supplies to the subsequent month so that the [---] lakh B2B tax liability threshold is not breached in the current tax period. https://twitter.com/i/web/status/2009615013133345031 https://twitter.com/i/web/status/2009615013133345031"
X Link 2026-01-09T13:15Z 22.4K followers, [----] engagements
"Till about [--] months ago many finfluencers were confidently saying: β No need for FDs β No need for PPF β No need for fixed-income products β
Just do SIPs in equity funds Interestingly those voices are far quieter today. π€·π»β"
X Link 2026-01-10T02:57Z 22.4K followers, [----] engagements
"The most GOATED UPI app ever π"
X Link 2026-01-11T04:30Z 22.4K followers, [----] engagements
"Glad to see people taking interest in understanding their own tax data that awareness is always welcome. However lets not oversimplify compliance. Yes for a plain-vanilla salaried case filing may appear easy today due to pre-filled utilities and better tech. But ease of data entry is not the same as correct reporting interpretation or risk assessment. A few realities worth stating clearly: β
Form 26AS and AIS are not truth documents they are information statements. They often contain errors duplications wrong heads or third-party misreporting. Knowing what to ignore what to reconcile and what"
X Link 2026-01-11T08:56Z 22.4K followers, 18.5K engagements
"Ofcourse this is fake news. Purely clickbait and engagement farming. But need of the hour is that in #Budget2026 Government allows set off of PGBP (derivative) losses from Salary income ππ» Most salaried taxpayers have huge derivative losses but still end up paying tax on salary head income due to non-allowability of set off of PGBP loss with salary head. @FinMinIndia @nsitharaman @nsitharamanoffc RT if you agree ππ» BREAKING: Unconfirmed Sources have confirmed that in the upcoming Budget Sarkar is considering levying Tax on Losses from Trading Futures and Options. BREAKING: Unconfirmed"
X Link 2026-01-11T12:32Z 22.4K followers, [----] engagements
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/creator/twitter::CAHimankSingla