Clipped from: https://www.businesstoday.in/personal-finance/tax/story/gst-itc-rules-invoice-date-doesnt-matter-delivery-date-does-heres-why-490363-2025-08-21 End-of-year bulk orders may not reduce GST liability immediately. Learn about GST ITC, Input Tax Credit, GSTR-3B, delivery-based credit, business accounting, tax compliance,
Author: Anil R Tikotekar
FIFO tax trap: How one Demat rule could be quietly killing your compounding gains – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/fifo-tax-trap-how-one-demat-rule-could-be-quietly-killing-your-compounding-gains-490380-2025-08-21 Suppose you bought 120 shares at ₹900 in 2022 and another 120 at ₹1,500 in 2025. If you sell 120 shares today at
*******Chartered Accountants caution joint bank account holders about this critical issue with tax rules that can lead to tax notices – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/cas-caution-joint-bank-account-holders-about-this-critical-issue-with-tax-rules-that-can-lead-to-tax-notices/articleshow/123423767.cms CAs highlight this critical issue with tax rules on joint bank a/c holders that can lead to unnecessary tax notices (representative image) O.P.
*****Capital gains tax hack: How one taxpayer avoided Rs 10 lakh in LTCG, but paid Rs 0; here’s how – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/capital-gains-tax-hack-how-one-taxpayer-avoided-rs-10-lakh-in-ltcg-but-paid-rs-0-heres-how-490342-2025-08-20 Capital gains tax on property depends on holding period—short-term sales (within 2 years) are taxed at slab rates, while long-term sales attract 12.5%
Full GST waiver could push up costs: Insurers – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/full-gst-waiver-could-push-up-costs-insurers-3952640/ India’s life and health insurers say a full GST exemption on premiums would force them to pass the 18% tax on various input
*******Making these common mistakes with ITR-2 and ITR-3 while using excel based utilities? Here’s how you can fix it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/doing-these-common-mistakes-with-itr-2-and-itr-3-while-using-excel-based-utilities-heres-how-you-can-fix-it/articleshow/122389389.cms Follow these four solutions to prevent corruption and other tax calculation mistakes with ITR-2 and ITR-3 excel based ITR filing utilities Now that
ITR-3 Excel utility for AY 2025-26: Seven major changes in ITR-3 Excel utility that all taxpayers including stock traders should note – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-filing-for-ay-2025-26-seven-major-changes-in-itr-3-excel-utility-that-all-taxpayers-including-stock-traders-should-note/articleshow/122509059.cms ET Online Seven changes in ITR-3 excel utility for AY 2025-26 (FY 2024-25) The Excel utilities of all income tax return (ITR) forms are now
Glitch in ITR-3 Filing over LTCG Rates raises Validation Errors, Income Tax Dept Responds
Clipped from: https://www.taxscan.in/top-stories/glitch-in-itr-3-filing-over-ltcg-rates-raises-validation-errors-income-tax-dept-responds-1430361 The due date for filing income tax returns for non-audit cases is September 15, 2025 A tax professional on X (formerly Twitter) raised