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18/02/2026

New forms in income tax act 2025 which is applicable from 01st April 2026

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15/08/2025

Happy Independence Day

S.44AD & Unrealized Debtors - An important aspect which remains neglected!!     Sales corresponding to Debtors which hav...
14/08/2025

S.44AD & Unrealized Debtors - An important aspect which remains neglected!!

Sales corresponding to Debtors which have NOT BEEN REALIZED till the due date [i.e. 15 Sep 25, for FY 24-25] are NOT ELIGIBLE for 6%.

Profit @ 8% to be deemed even if the same is realized in prescribed mode (A/c Payee Cheque, NEFT,RTGS etc.) later on!

Mandatory ITR season tweet-Especially for Students πŸ‘¨β€πŸŽ“ Follow for more such interesting related infoπŸ‘

14/08/2025

*Update for MGT-7 / MGT-7A Filing*
*Now, companies must attach a photo of their registered office showing:*
External building
Company nameboard clearly visible
Also, you must mention:
Latitude & Longitude
As on FY end and filing date

As of now, geo-tagged photos are not specifically mentioned, but Lat/Long must be mentioned separately in the form.

*Applicable for filings from FY 2024-25 onwards.*

12/08/2025

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09/08/2025

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