Itee Shah

Getting to the cause of the problem solves half of it ! 🌟

REFUND UPDATE Annexure B for REFUND under GST Required now to be uploaded in their UTILITY (json File) - This will validate the invoice directly by system with 2B - Even particular Invoice found in which month's 2B is also required - Quite a tedious task! with @AbhasHalakhandi

@IncomeTaxIndia @MukeshPatelTax @nsitharaman @FinMinIndia @PMOIndia No resolution as yet

@MukeshPatelTax @nsitharaman @FinMinIndia @PMOIndia Dear @MukeshPatelTax, May we request you to share specific details of the issue/case (along with PAN & your mobile number) with us via email at orm@cpc.incometax.gov.in. Our team will get in touch with you.

@IncomeTaxIndia @nsitharaman @FinMinIndia @PMOIndia CPC is raising grossly unjust Demands in all cases of Private Discretionary Trusts created under Will, computing tax at flat 42.74%, as against tax at normal rates under proviso to Section 164. Needs Urgent Intervention of CBDT.

In TDS payment if two different tabs were made available like Pay TDS/TCS Resident Deductee & Pay TDS/TCS Non-Resident Deductee then so many users not required to select residential status of the deductee every time @IncomeTaxIndia Second thing on section code for short period give old section together with new section or on selection new section just small pop up that this section means so and so section of old income tax act. For New Payment system this enhancement will help many tax payers

If you handle TDS/TCS… SAVE THIS. This single tool covers: ✔ Smart search across all sections ✔ Filter by nature / type (TDS vs TCS) ✔ Old vs updated section mapping ✔ Rate + threshold + form visibility in one view ✔ Built-in calculator for quick working ✔ Dashboard insights for better understanding ✔ Clean, structured interface for instant lookup No need to open multiple tabs again. Link 🔗 taxationupdates.com/TDS-SECTION-CO…

@ganeshsonawane Please launch Glide in shoes ..

Ever since we launched shoes, the most common question has been simple. Why can’t they look elegant? We kept explaining that let’s focus on features like they are zero drop, foot shaped built for toe freedom and real comfort. But prospects esp younger ones kept coming with that doesn’t mean they shouldn’t look good. We always knew we had to start with function first. Build something that genuinely works. Then keep improving the design till it earns a place not just on your feet, but in your wardrobe. Today feels like that step. Introducing Frido Active Casual Sneakers in a wide range of sizes right from UK 3 for women’s all the way upto UK 13 for men. Comfort finally meets aesthetic elegance. The response from beta users and early previews across social has been strong, and we are excited to see how this goes! 🚀🚀

Myth: Chartered Accountants practice only in big cities. Reality: A large number of CAs are working in Tier 2 & Tier 3 cities - guiding MSMEs, ensuring compliance, and supporting real business growth on the ground. RT if you’re a CA working in a Tier 2/3 city. 💼📊 #MSME #CharteredAccountant #India

I can vouch for this ICICI Bank is also asking, upon asking to email the format, they just shared on whatsApp! To my surprise, now they are sharing PDFs instead of word file so even we CAs cant edit the non-ceritifiable parts! How can a CA certify the future use of funds??

@Infosys_GSTN Issue has been resolved today

@ca_itee Dear @ca_itee, the issue is being looked into. It will be resolved in the due course.

@Infosys_GSTN What is this error while filling appeal ?

@Infosys_GSTN no resolution as yet

@agarca_in @Infosys_GSTN @GSTN_IT We can file by selecting bank in refund application as it gets again validated in refund application by PFMS also refund gets issued, while on the outer side validation is still pending. Done in one of the case.

Any one assist? How to file refund application in bank account not validate from last 6 months? GST accept pre deposit but not allow to file refund. @Infosys_GSTN @GSTN_IT

I want to see such indian content creators being celebrated, way more than we do. What an awesome way to remember formulas: Bam Bam Bhole , Sona Chandi Tole 🤩

@ca_itee @IncomeTaxIndia @nsitharaman @FinMinIndia @PMOIndia The Issue of CPC wrongly levying Tax at MMR while processing ITRs of Private Discretionary Trusts has not been resolved as yet, even after so many months since it has been pointed out to @IncomeTaxIndia Requesting for Urgent & Timely Action Please!

If Aggregate Turnover During FY 2025-26 exceeds the amounts specified below then following new compliances will be applicable w.e.f.01/04/2026 #TaxationUpdates

@MukeshPatelTax @IncomeTaxIndia @nsitharaman @FinMinIndia @PMOIndia Sir, has the issue been resolved?

@IncomeTaxIndia @FinMinIndia @nsitharaman @PMOIndia 🌸URGENT ATTENTION REQUESTED🌸 Inviting Your Kind Attention to my Tweet on 17.09.2025 highlighting the grossly erroneous processing of ITRs by applying MMR in the cases of Private Discretionary Trusts created under Will, governed by Proviso to Section 164, under which correct tax is attracted only at normal rates. As directed by @IncomeTaxIndia, specific details shared in the email addressed to CPC, however, there has not even been an acknowledgement or any response to the mail for months together! There is No Room for Rectification & no scope for even Appeal Filing, as no reason whatsoever is also assigned for the illegitimate Demands being Raised. This problem is being faced across the board by all PDTs under Will for AYs 2024-25 & 2025-26, who have been correctly assessed to tax until AY 2023-24 & there is no justification whatsoever in the change in processing, as there has been no change in law! It is high time CBDT & CPC steps in & resolves this burning issue flagged for resolution in thousands of cases for the past over 6 months, which has given rise to patently unlawful tax demands of hundreds thousands of crores! Awaiting a positive & result-oriented response from @IncomeTaxIndia 🌷🙏 @TaxPlanningPTP

@IncomeTaxIndia What must be done in such case? Assessee unable to open new demate account.

@IncomeTaxIndia Please don't call between 2-4 pm. 2 times call received in between this time.

@ca_itee Dear @ca_itee, Our team has been trying to get in touch with you, but haven't been able to connect. The calls at the given number went unanswered. The team will try connecting with you again.

@IncomeTaxIndia Request ur urgent intervention to review the CPC computation sheet backend system, as computation errors are creating incorrect demand even when assessment orders show no variation. Refunds are getting on hold . Suo moto rectification is required in such cases .

Anthropic isn’t just building chatbots They’re building a system that can think, code & execute

MCA has introduced the Companies Compliance Facilitation Scheme, 2026 (CCFS-2026) vide General Circular No. 01/2026. This scheme offers a one-time opportunity for defaulting companies to regularize their pending compliances, apply for dormant status, or exit the registry with significantly reduced financial penalties. 1. Scheme Validity The scheme will be effective from 15th April 2026 and will remain in force until 15th July 2026. 2. Key Relief Measures and Fee Structure The CCFS-2026 provides three primary avenues for relief, depending on the status and intent of the company: • Regularization of Annual Filings: Companies can file pending Annual Returns and Financial Statements (e.g., MGT-7, AOC-4) by paying the normal filing fee plus only 10% of the actual additional fee payable. • Application for Dormant Status: Inactive companies wishing to retain their legal status with minimal compliance may apply for "Dormant Status" (Form MSC-1). Under the scheme, the filing fee for this application is reduced to 50% (one-half) of the standard fee. • Company Closure (Strike Off): Defunct companies opting to exit can file an application for strike off (Form STK-2) by paying only 25% of the prescribed filing fee. 3. Immunity from Prosecution and Penalties The scheme offers immunity from prosecution and penalty proceedings related to the delay in filing, subject to specific conditions: • For Annual Returns (Sec 92) and Financial Statements (Sec 137): ◦ Immunity is granted if the documents are filed prior to the issuance of an adjudication notice by the adjudicating officer. ◦ If a notice has already been issued, the company must file the documents within 30 days of such notice to claim immunity. ◦ Exception: Immunity is not available if an adjudication order has already been passed or if the 30-day period following a notice has expired. • For Other Forms (e.g., ADT-1, FC-3, etc.): ◦ Immunity against prospective penal action is granted provided the forms are filed under the scheme before any prosecution is filed or show-cause notice is issued. 4. Eligible Forms The scheme covers various e-forms under the Companies Act, 2013 and the Companies Act, 1956, including but not limited to: • Annual Compliance: Forms MGT-7, MGT-7A, AOC-4 (all variants), and MGT-7A. • Auditor Appointment: Form ADT-1. • Foreign Companies: Forms FC-3 and FC-4. • Pre-2013 Act Forms: Forms 20B, 23AC, 23ACA, Form 66, etc. 5. Exclusions The scheme is not available to: • Companies against which a final notice for strike off has already been initiated by the Registrar. • Companies that have already filed for strike off or dormant status prior to the scheme. • Amalgamated companies (dissolved). • "Vanishing" companies. 6. Conclusion Stakeholders are advised to utilize this window to clear compliance defaults. Upon the conclusion of the scheme on 15th July 2026, the Registrar of Companies is mandated to initiate strict action against non-compliant entities. Link: mca.gov.in/bin/dms/getdoc…