CA Rishab Bhandari
476 posts

CA Rishab Bhandari
@Rishabbhandari
Practicing CA 🖋at Rishab Bhandari & Co.(Beawar) || Ex-KPMG (BSR & Co. LLP) (Mumbai) || Ex-AA at JKS (Ahmedabad) || Learning More || The Universe has my back 🔥
Beawar Katılım Ocak 2012
419 Takip Edilen170 Takipçiler

PM Modi gifted “Melody” to Italy PM Giorgia Meloni and the market picked wrong Parle!!
Melody is by Parle Products Pvt. Ltd., which is unlisted.
Parle Industries Ltd. is a different listed company, mainly in infrastructure (hits upper circuit after video Melody circulated)
Some brokers apps show/use wrong logos, which lead to incorrect assumption by retail investors.
Upstox showed the wrong logo, while Motilal Oswal showed the correct one.
Retail investors deserve accurate basic information.
#StockMarket #InvestorAwareness #Parle #Melody

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CA Rishab Bhandari retweetledi

Partnership firms & LLPs are taxed at a flat 30%, while many companies enjoy concessional tax rates of 22%.
Firms/LLPs operate in same competitive market/economic conditions as companies. They face the same cost pressures, compliance burden, finance challenges and business risks.
They help the economy in the same manner as companies through creation of employement & strengthening economic growth
If companies can be incentivised, why not firms/LLP?
@IncomeTaxIndia @FinMinIndia
Request professionals to share their opinion or reasoning for higher taxes for firm/LLPs
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Every election has an impact player.
In West Bengal, it turned out to be Rahul Gandhi 🫡
#WestBengalElections #IndianPolitics #RahulGandhi #Election2026 #PoliticalDebate
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CA Rishab Bhandari retweetledi

Please extend due date for March GSTR-3B & protect from Late fee
Returns could not be filed entire day due to portal glitches & the problem has been reported at a mass level.
If not extended, then what would be the valid & moral reason for the same? @Infosys_GSTN @cbic_india
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6/6 Review before half-year closing
✅ Stay compliant | Avoid penalties
📩 Need help with MSME Form I filing? Contact us
👉 Follow us for more updates
#MSME #MSMECompliance #ROCCompliance #CompaniesAct2013 #CAIndia #StartupIndia #ComplianceAlert #CorporateLaw #TaxUpdates
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CA Rishab Bhandari retweetledi

🚨 Filing ITR for AY 2026-27?
Big changes in disclosure requirements you must not ignore!
Here’s a detailed breakdown 👇
1. Political donations (Section 80GGC): -
✔ PAN of political party mandatory
✔ Mode of payment (cheque/UPI/NEFT/RTGS)
✔ Bank details like IFSC + transaction reference
2. Charity donations (Section 80G): -
✔ Recipient name, PAN & full address
✔ Donation must be fully traceable
✔ Payment details now compulsory
3. F&O traders Mandatory disclosure of: -
✔ Opening & closing stock
✔ Purchases & sales
✔ Direct expenses
✔Proper P&L reporting required in ITR
4. New reporting for addresses: -
✔Along with primary address,
✔ Secondary address is now required
✔More detailed personal info to be furnished
5. What stays the same?: -
✔Core ITR structure largely unchanged
✔But disclosure requirements significantly expanded
Less room for errors or mismatches - ensure proper documentation before filing
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CA Rishab Bhandari retweetledi

Old Form 10E has been replaced with New Form 39.
✅Form 39 - To claim relief in case of salary arrears or other specified receipts.
#IncomeTaxAct2025 #SaralKanoonSashaktBharat
@nsitharamanoffc @officeofPCM @FinMinIndia @PIB_India
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CA Rishab Bhandari retweetledi

📑Form 121-Single Consolidated form replacing Form 15G-15H for Non Deduction of TDS under Income Tax Act 2025!-A Comparison
📑Link to Form 121 to be given to Banks & other deductors instead of 15G-15H
Editable Word Format
docs.google.com/document/d/110…
PDF
drive.google.com/file/d/1MDfJ8F…

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CA Rishab Bhandari retweetledi

This Year (AY 2026-27) in ITR-4 Reporting of "Bank Balance as on 31st March 2026" is Mandatory
Earlier only Sundry creditors, Inventories, Sundry debtors and Cash-in-hand were Mandatorily required to be reported in ITR-4.
#IncomeTax #TaxationUpdates
@IncomeTaxIndia

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🚨 ICAI Announcement Update (31.03.2026)
Guidance Notes for Non-Corporate Entities & LLPs to be implemented in phases:
📌 From FY 2025-26: Turnover > ₹5 Cr
📌 From FY 2026-27: Applicable to ALL
Ensure timely compliance & reporting readiness.
#icairesults #Accounting #Compliance
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CA Rishab Bhandari retweetledi

🚨Guidance Note on Financial Statements of Non-Corporate Entities and GN on FS of LLP have been made applicable in a phased manner on FY basis:
FY 25-26
Applicable to entities whose turnover > Rs. 5 crore
FY 26-27 onwards
Applicable to all entities
Prudent decision @theicai

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CA Rishab Bhandari retweetledi

🚨Complete TDS/TCS mapping wrt Income Tax Act 2025,with Sections, Section Codes & applicable rates is now ready!!
Section Codes 1001 to 1092 will be effective from 1st April
Follow me and @hirenbhandari_ for more such useful information👍
PDF Link:-
drive.google.com/file/d/14nrkVq…



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