Biswadip

What your thoughts!

@pvsubramanyam If no other income. Tax = 0

If a person earns Rs. 4.25L how much of Income tax will he pay if this is from LONG TERM CAPITAL GAINS by sale of Mutual funds? Equity mutual funds I mean

@AshishGupta325 Exactly. Part 1 was far better. If I rate part 1 10/10 , then this one is 8/10.

Movie is good in parts with some ogreat action sequences. Dhurandhar 1 was much better than 2, however. Propaganda ka pata nahi but itne stretched out sequences ki zarurat nahi thi. Movie could well have been wrapped in under 3 hours. Decent watch but aise pagal ho jane jaisa kuchh nahi hai 🫣

Lets go!

@anilbalaji11 You used to sell hyper OTM naked CE in expiry day with 1:10 / 1:15 ratio with prop leverage . What happened there ? Busted?

Instead of watching Netflix for 2 hours, watch this guy explain why some people become successful while others stay average.

@rohaninvestor Full lecture with some disturbing theories youtu.be/5L6Uu3Bhtkk?si…

If you ever get a chance to learn order blocks, fair value gap, or demand and supply zones please do; really awesome for trend following traders

@SarangSood Bull khus ho ya bear ye bata do pahele?

Ye sab bolne ki kya zarurat thi

@CricManjit What's the last 4 payout and stats . Attached. I can give good deal

Thinking to put this Account on Sale It's getting tough to buy time now for it and summer is gonna be even more hectic for professional and personal reasons Put your bid in the DM if you are interested please

@R_N_Vaghani Thank you for the detailed reply. Last question What should be mentioned in Title Gift Deed ( Memorandum of Gift) Or Gift Deed ?

1. Gift deed is not legally mandatory but it is highly advisable in case of gift from relatives 2. Yes, Notarised deed is sufficient 3. Law allow documentation after the event. Best wording to include: “The Donor confirms having gifted an aggregate amount of ₹xyz during FY 202x-2y through banking channels on various dates…”

@abhishekrajaram Error

Give Away Alert: Draft GST Mistake Rectification Word Template Sometimes, human errors occur unintentionally when filing GST Returns. Here is the draft reply template for such notices. To download the Word reply, please follow these steps: 1. Follow me, else DM will not work 2. Reply to tweet "ERROR" 3. Check DM and follow the steps to download 4. BONUS: Join our Free WhatsApp Group Thanks Note: Post valid for 24 hours or 400 DM, whichever is earlier.

@Finance_Bareek From when will the next revised return file rule will be applied? In one of my files I had to revise return it for AY 25-26 , will the IT portal allow it from March 1 , 2026 with late fees?

Encouraging move by CBDT .. simpler rules, smarter forms, and stronger digital audits signal a clear shift toward tech-led compliance. The real test now is smooth implementation.

@InvestorOfJAMMU Now ans this : FnO loss = -5L STCG = 2L LTCG = 4L Interest= 1L What is the tax liabilities on new regime?

Right Answer✅ Zero Tax

@the_avid_trader @BetTrader429 Where you do SIP as buying in Foreign exchange has compliance issues, Buying in Indian exchange has issue to withdraw in Cold wallet.

I have resumed SIP in Bitcoin after many years based on suggestion by @BetTrader429 and since then it is falling 😞

youtube material that you won't regret watching

@abhishekrajaram Is 10% pre deposit applicable from the budget day itself or from next year?

Union Budget 2026–27 eases tax litigation and compliance with streamlined assessments, lower pre-deposits, relaxed penalties, and taxpayer-friendly appeal reforms. #UnionBudget2026 #DirectTaxReforms #EaseOfCompliance 👉 Stay updated on GST—join our WhatsApp group for more such content. Link : chat.whatsapp.com/KGSfjvW8FY9JyW…

Ever wondered about the consequences of under-reporting income under the Indian Income Tax Act? Penalty Under Section 270A: Under-reporting: Penalty of 50% on the tax payable for the unreported income (e.g., honest mistakes or omissions). Misreporting: A hefty 200% penalty if it's due to falsification or suppression of facts. Introduced in 2016, this replaces old concealment penalties and applies from AY 2017-18. But there's a silver lining: Section 270AA offers immunity from these penalties (for under-reporting cases only) if you pay the assessed tax + interest within 30 days and skip the appeal process. Key takeaway: Accuracy in ITR filing is non-negotiable. Double-check your returns to avoid nasty surprises! What are your tips for seamless tax compliance? Share below. While requesting for the drop, you can frame the prayer like this: "Penalty under Section 270A is not applicable in our case, as we have voluntarily accepted the inadvertent error prior to the completion of the assessment proceedings and have expressed our readiness to file a revised return along with applicable interest. However, revising the return is not feasible at this stage due to the time limitation prescribed under the Act. It is further submitted that there was no intention of under-reporting or misreporting of income. Therefore, it is requested that the proposed penalty under Section 270A be dropped and the option to revise the return be enabled, so that the correct and accurate return may be duly filed."

@CAChirag Define minor offences?

No penalty on non-disclosure.... Minor offences to attract fine only Big Relief for Small Taxpayers #Budget2026

@DeepakMohata @taxguru_in Can you share your number. As your inbox is off. I am unable to send dm

@MoneyHeistTrade @taxguru_in What's the dispute

ITAT Kolkata: Addition u/s 68 can’t rest on presumptions. Share capital addition deleted where identity, creditworthiness & genuineness were proved—mere non-appearance of subscribers or suspicion isn’t enough. Expense disallowance based on surmises also quashed. taxguru.in/income-tax/sha…