Author: Anil R Tikotekar
*******GST 2.0: Towards simpler and citizen-centric indirect tax regime | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/gst-2-0-towards-simpler-and-citizen-centric-indirect-tax-regime-125090801127_1.html The GST Council’s efforts at rationalisation have steadily lowered the system’s complexity while sustaining revenue buoyancy The 56th meeting of the Goods and
*******Officials explore input tax credit fixes for smooth GST transition | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/officials-explore-input-tax-credit-fixes-for-smooth-gst-transition-125090801362_1.html Suggest allowing unused ITC for SGST payments, Customs duty offsets, or tradable scrips The meeting, chaired by Cabinet Secretary T V Somanathan, was
*******प्राप्तिकर कायदा आणि तोट्याच्या तरतुदी – Article in Loksatta
Clipped from: https://www.loksatta.com/business/personal-finance/income-tax-act-and-loss-provisions-print-eco-news-amy-95-5359651/ भांडवली बाजारातील चढ-उतारांमुळे गुंतवणूकदारांना कधी नफा होतो तर कधी तोट्यालादेखील सामोरे जावे लागते. तसेच जे करदाते उद्योग-व्यवसाय करतात त्यांना नफा किंवा तोटा होतो.
*Are you an F&O trader? A CA reveals the No. 1 mistake that triggers income tax notice – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/are-you-an-fo-trader-a-ca-reveals-the-no-1-mistake-that-triggers-income-tax-notice-492859-2025-09-06 You can’t set off F&O losses against salary. But you can carry them forward up to 8 years and use them against business
*Property sale? Here’s the ITR mistake that could cost you lakhs in capital gains tax – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/property-sale-heres-the-itr-mistake-that-could-cost-you-lakhs-in-capital-gains-tax-492910-2025-09-07 Section 54 provides relief for gains arising from the sale of a long-term residential house, while Section 54F covers gains from any other
*******ITR deadline alert: 5 mistakes that could cost your refund or trigger a tax notice – BusinessToday
lipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-deadline-alert-5-mistakes-that-could-cost-your-refund-or-trigger-a-tax-notice-492914-2025-09-07 With taxpayers increasingly relying on Form 16, AIS/TIS pre-fill data, and online portals, there’s a growing belief that things can’t go wrong. But
*Waiting for GST free insurance? You could lose big if your renewal is due before Sept 22 – BusinessToday
lipped from: https://www.businesstoday.in/personal-finance/tax/story/waiting-for-gst-free-insurance-you-could-lose-big-if-your-renewal-is-due-before-sept-22-492950-2025-09-08 From September 22, premiums on individual life and health insurance policies will be exempt from GST, reducing the cost burden on policyholders. For
From houses to farmland: 9 ways to save capital gains tax on property sales under Income Tax Act – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/from-houses-to-farmland-9-ways-to-save-capital-gains-tax-on-property-sales-under-income-tax-act-493098-2025-09-08 Most individuals are familiar with Section 54 (sale of residential property and reinvestment in another) and Section 54F (sale of any other capital
Income Tax Act 2025: CA explains big terminology shifts for taxpayers and professionals – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/income-tax-act-2025-ca-explains-big-terminology-shifts-for-taxpayers-and-professionals-493111-2025-09-08 The current Income-tax Act, 1961 will be repealed from April 1, 2026. However, it will continue to govern pending cases and assessments from
Sold your house property or land? These nine sections in Income Tax law can help save capital gains tax – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/sold-your-house-property-or-land-these-9-sections-in-income-tax-law-can-help-save-capital-gains-tax/articleshow/123758347.cms ET OnlineSold your property? These 9 Sections in Income Tax Act can help save capital gains tax (representative image) You can save a
GST 2.0: CBIC clarifies social media claims about transition benefits under revised GST rules are false – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/gst-2-0-cbic-clarifies-social-media-claims-about-transition-benefits-under-revised-gst-rules-are-false/articleshow/123762504.cms ET OnlineClaims of transition benefits under GST are false The Central Board of Indirect Taxes and Customs (CBIC) has dismissed a viral message
GST 2.0: CBIC clarifies social media claims about transition benefits under revised GST rules are false – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/gst-2-0-cbic-clarifies-social-media-claims-about-transition-benefits-under-revised-gst-rules-are-false/articleshow/123762504.cms ET OnlineClaims of transition benefits under GST are false The Central Board of Indirect Taxes and Customs (CBIC) has dismissed a viral message
ITR filing last date for 2025: Income tax return deadline extension likely? Check ITR due date for every assessee – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/itr-filing-last-date-for-2025-income-tax-return-deadline-extension-likely-check-itr-due-date-for-every-assessee-3970663/ ITR filing due date extension: The process of filing Income Tax Return (ITR) is in its final stages and this time too discussions
Filing ITR? Know how to download Annual Information Statement and what is its password – Income Tax News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-filing-itr-know-how-to-download-annual-information-statement-and-what-is-its-password-3970918/ The deadline to file Income Tax returns is winding down for most taxpayers — with many likely to incur fines after September 15. Filing
*******Tax Talk: Report exempt income in ITR – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/tax-talk-report-exempt-income-in-itr-3969816/ Filing ITR? Don’t ignore exempt income. Tax expert Neeraj Agarwala explains why disclosure is mandatory, how capital gains reporting has changed for AY
How to file ITR if you have sold house or land in FY 2024-25 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/learn-how-to-file-itr-if-you-have-sold-house-or-land-in-fy-2024-25/articleshow/123736837.cms ET OnlineHow to file ITR with property sale capital gains income for FY 2024-25 (AY 2025-26) (Representative image) The deadline to file an income