Elijah

#Vikraman You might have been cheated this time. But, Karma will do the needful. Don’t worry!

Advisory on Filing of Annexure-B for Refund Applications involving Accumulated ITC using the offline utility in GST portal

GSTN introduces an offline Annexure-B utility on GST portal for filing refund applications involving accumulated ITC, replacing the earlier PDF-based Annexure-B mechanism to facilitate system-based invoice verification & standardized refund... Read more>> buff.ly/MoJdNGC

GSTN: Filing of Annexure-B for Refund Applications involving Accumulated ITC using the offline utility in GST portal Read More at: a2ztaxcorp.net/gstn-filing-of…

How different assets are taxed ? @livemint

IMS rejection and it's impact on GST Portal 👇 Save for future reference.

Message from CA Omprakash Agarwalla Sir for Assam Taxpayers

@anbudanmaha இந்த கட்டுரையை வாசித்து பாருங்கள். எந்த அளவு மலையாளிகள் தமிழர்கள் மேல் வன்மம் கக்குகிறார்கள் என்பது தெரியும். tamil1952.blogspot.com/2020/07/blog-p…

If you forgot your Pc password

Allahabad HC has issued notice to Department in response to a legal case questioning whether some Section 16(2)(aa) GSTR 2B mandatory, Section 38(2)(b) - Restriction imposed by Financae Act 2022 in CGST Act, 2017, are fair? Ram Bajaj 8696424223 For GST Update, Join this Group chat.whatsapp.com/D5vVMMvFvXpBCO…

622 pages. 536 sections. 23 chapters. India's Income Tax Act 2025 replaced a 65-year-old law on April 1, 2026. Here are 10 changes that directly affect you starting Tax Year 2026-27. Save this. 🧵

WPI inflation rises to 42-mth high of 8.3%!! What is WPI? Wholesale Price Index measures average price changes of goods at the wholesale/producer level, before they reach consumers. It's different from CPI which tracks retail prices. WPI has 3 components: Primary Articles ∼22.6%, Fuel & Power ∼13.2%, and Manufactured Products ∼64.2%. So "manufactured products" moves the index most. WPI inflation jumped to 8.3% in April, a 42-month high. That's more than double March's 3.9%. The trigger:Crude petroleum prices climbed 88% in April. Since India imports ∼85% of its oil, that surge rippled through everything. Breakdown by fuel - Petrol inflation: 2.5% in March → 32.4% in April - Diesel inflation: 3.3% → 25.2% - LPG: From 1.5% contraction in March to 10.9% increase in April Manufacturing impact: Manufactured products, which make up nearly 64% of WPI, saw a "broad-based increase." Higher fuel and transport costs push up factory input costs, so prices of finished goods rise too. Why this matters: 1. Cost-push inflation: This is classic cost-push. When crude spikes, it raises transport, power, and raw material costs across industries. Producers pass it on. 2. CPI impact next: High WPI often feeds into CPI with a lag. If producers face 8.3% higher input costs, retail prices usually follow. 3. Policy signal: RBI watches CPI for rate decisions, but sustained high WPI pressures margins and can force rate hikes or fiscal action on fuel taxes. April's 8.3% WPI was driven almost entirely by the crude oil shock. Fuel costs exploded, and that fed into transport + manufacturing. With manufactured goods as 64% of the index, the impact was broad, not just energy. #upsc #upsceconomics #upsc2026

🚨 TDS Alert 🚨 From 1️⃣ April 2025, firms/LLPs must deduct TDS @10% u/s 194T on payments to partners (salary, remuneration, interest, bonus). Threshold: ₹20,000 per FY. #TDS #Section194T #TaxUpdate #Incometax #IT #PARV

The move to the Income-tax Act, 2025 marks a significant step towards simplification and clarity in tax laws. To facilitate taxpayers/stakeholders during this transition, the Income Tax Department has introduced a parallel reading functionality that enables users to: ▶️Map old provisions to the corresponding new provisions. ▶️Compare provisions of the Income-tax Act, 1961 and Income-tax Act, 2025 side-by-side. Here’s the direct link to the utility on our website: incometaxindia.gov.in/utility-to-che… @nsitharamanoffc @officeofPCM @FinMinIndia @PIB_India

TDS Rates FY 2026–27 – Quick Reference 📊 Covers frequently used TDS sections with updated thresholds, rates & new section mapping under the Income Tax Act, 2025. 📌 Keep handy for daily compliance. #TDS #IncomeTax #FY2026_27 #CharteredAccountant #Compliance #IndiaTax #PARV

📢 GST Time Limits & Penalties – Quick Snapshot! Covers key timelines under Sec 73, 74 & 74A, penalty slabs & important exceptions for FY 2017-18 to 2026-27. ⚖️💰 📌 Save for quick reference. #GST #GSTUpdates #TaxCompliance #Section73 #Section74 #Section74A #IndirectTax #CA

🚨Big Breaking ITR Now it is mandatory to Report Bank Balance Under Section 44AD.

Apple could face a $38,000,000,000 fine in India. And a Delhi court just hit pause on the verdict. Here is what is happening 🧵

New UDIN Dashboard introduced showing: ✅️ UDINs Quota Count section ✅️ Separate display for Total Tax Audit Count: 60 ✅️ Remaining Tax Audit Count

வெறும் 7 நிமிடத்தில் புற்றுநோய் சிகிச்சை..! #CancerTreatment #Immunotherapy #7MinuteCancerShot #MedicalRevolution #LungCancer #ThanthiTV

🪙 தங்க நகைகளை வைத்திருக்கும் கால அளவைப் பொறுத்து வரி மாறுபடும். நீங்கள் ஒரு நகையை இருபத்தி நான்கு மாதங்களுக்கும் மேலாக வைத்திருந்து பின்னர் விற்பனை செய்தால், அது நீண்ட கால மூலதன ஆதாயமாகக் கருதப்பட்டு, அதற்கு 12.5% வரி விதிக்கப்படும். 🧵