What are the opening hours?

Monday 10am - 8pm Tuesday 10am - 8pm Wednesday 10am - 8pm Thursday 10am - 8pm Friday 10am - 8pm Saturday 10am - 8pm

A R Dhorajiya & Co. Chartered Accountants, 305, 3rd Floor, New Sankalp Complex, S. T. Road, Near Narsinh Mehta Sarovar, Junagadh (2026)

15/08/2026

Think switching mutual fund plans is tax-free? Think again. 📉

Many investors switch from Regular to Direct plans or shift between schemes within the same fund house to optimize expense ratios. Because no money is credited to a bank account, it feels like an internal administrative adjustment.

Under the Income Tax Act, there is no concept of a "soft switch."

The department treats every switch as a 100% deemed redemption (sale) followed immediately by a fresh purchase.

🔍 Key Tax Rules to Keep in Mind:

Equity Funds (Holding Period Rules):

Held < 12 months: Short-Term Capital Gains (STCG) taxed at 20% under Section 111A.

Held > 12 months: Long-Term Capital Gains (LTCG) taxed at 12.5% on gains exceeding ₹1.25 lakh per financial year.

Debt Funds (Post-April 1, 2023 Rules):

Units acquired on or after April 1, 2023, lose indexation and are taxed at your applicable slab rate, regardless of how long you have held them.

The Holding Period Resets:

The new units received start a brand-new holding period from the switch date. The previous tenure does not carry forward.

The Net Benefit Reality Check:

Saving 0.5%–1% in an annual expense ratio makes little sense if it triggers an immediate 12.5%–20% capital gains tax liability on accumulated profits today.

💡 Action Point: Always calculate the unrealized capital gains before executing a switch. If gains fall within available annual exemptions, the transition is smooth; if not, weigh the immediate tax outflow against the projected long-term expense savings.

For tailored tax computation and portfolio review, reach out to our team at A R Dhorajiya & Co.

13/08/2026

The Income Tax Department is ramping up enforcement against wrongful tax reliefs and fraudulent deduction claims using advanced data analytics and cross-verification systems.

Through the SAKSHAM–NUDGE campaign, the CBDT is actively matching ITR filings against multiple data streams—including TDS/TCS data, GST turnovers, Statements of Financial Transactions (SFTs), and high-value bank and property transactions.

Key Campaign Highlights:
1.25 Crore+ updated or revised ITRs filed voluntarily.
₹9,493.66 Crore collected in additional tax.
₹12,121.91 Crore overall revenue impact.

The shift toward preventive, technology-driven compliance means mismatches are flagged instantly. Strict actions—including e-verifications, reassessments, penalties, and reporting erring professionals to the ICAI—are actively underway.

Ensure your tax claims are fully legitimate and supported by accurate documentation
Need assistance reviewing your tax compliance or filings? Reach out to our expert team today!

08/08/2026

Missed the July 31 ITR filing deadline? 🚨

Don't panic—you can still file a belated return under Section 139(4) until December 31, 2026. However, every month of delay adds financial penalties and restricts your tax options.

Here is what late filing actually costs you:
Late Fee (Sec 234F): ₹5,000 if your total income exceeds ₹5 Lakhs (₹1,000 if income is ₹5 Lakhs or below).

Interest (Sec 234A): 1% per month on any unpaid tax liability, calculated starting August 1.

Tax Regime Lock-in: You automatically lose the option to choose the Old Tax Regime for AY 2026-27.

Loss Benefits Forfeited: Capital and business losses from FY 2025-26 cannot be carried forward to offset future gains.

Refund Delays: Processing is delayed, and no interest is paid by the department for the delay period.

File as early as possible to cap your interest payments and stay compliant!

Need help filing your belated return? Get in touch with our team today.

07/08/2026

🚨 Delhi HC Issues Notice on Auto TDS Refunds!

The Delhi High Court has stepped in on a critical compliance issue affecting millions of taxpayers across India. A Public Interest Litigation (PIL) has been filed seeking a mechanism for automatic TDS refunds without requiring individuals to file an Income Tax Return (ITR), provided they have zero tax liability.

Key Highlights of the PIL:
2.35 Crore Citizens Affected: Millions of low-income earners and senior citizens are currently forced into mandatory ITR compliance solely to claim back deducted TDS.

Direct Credit Demanded: The petition requests direct refunds into bank accounts (with interest) for unclaimed TDS up to ₹5,000 covering the last 3 assessment years.

Systemic Fix: Calls upon the CBDT to build an automated, yearly identification process to refund non-taxable individuals seamlessly.

Court Action: Notices have been issued to the Centre, Ministry of Finance, and CBDT to respond to the matter.

If implemented, this move could eliminate unnecessary filing burdens for millions while ensuring taxpayers receive their legitimate money back automatically.

What are your thoughts on automating small TDS refunds? Let us know in the comments!

📞 Need expert assistance with Tax Planning, ITR Filing, or GST?

30/07/2026

⏳ ITR FILING DEADLINE ALERT: JULY 31, 2026 IS THE LAST DATE

Filing your Income Tax Return for FY 2025-26 on time is crucial to secure your financial options and avoid steep penalties.
Missing this deadline triggers immediate, mandatory consequences:

❌ Automatic Default to New Tax Regime: You will lose the option to choose the Old Tax Regime.
⚠️ Section 234F Late Fees: Up to ₹5,000 for income above ₹5 lakh.
📈 Section 234A Interest: 1% per month on unpaid tax dues.
🔒 Restriction on Losses: You will be unable to carry forward capital losses to offset future gains.

WHO HAS UNTIL AUGUST 31?
Freelancers, businesses, and professionals not requiring a tax audit have a one-month extension.

Stay informed, gather your Form 16, AIS, and TIS now, and file with precision. Our team at A R Dhorajiya & Co. is ready to ensure your compliant submission.

29/07/2026

Attention NRIs! 🌍 Are you required to file an ITR in India?

Navigating tax obligations can be complex, but knowing the rules is crucial to avoid penalties and claim potential refunds. If you have income from Indian sources—like rent, interest on NRO deposits, or capital gains from local investments—this guide is for you.

We’ve broken down the key situations where filing an Income Tax Return is either mandatory or highly beneficial, even if you live abroad. Learn how to identify taxable income, claim refunds on excess TDS, and correctly carry forward losses for future tax savings.

Save this checklist for reference and ensure your financial compliance in India is seamless.

Have questions about your specific tax situation? Contact our team for expert advice.

28/07/2026

Did you sell a property jointly and find that your Annual Information Statement (AIS) shows 100% of the value against your PAN?

Don't panic; this is a common reporting occurrence due to SFT-012 submissions. It's crucial to correct this to avoid incorrect tax calculations and potential future inquiries!

Our latest infographic provides a step-by-step guide to submitting the correct feedback on the Income-tax portal. Ensure your records are accurate by providing details of other co-owners and your proportionate share.

Key Steps Included:
✅ Identifying the issue: 100% sale value against one PAN.
💻 Navigate to the Income-tax e-Filing Portal.
📝 Submit feedback selecting: “Information relates to other PAN/Year”.
📋 Prepare and enter details like other co-owners' PAN and ownership shares.

It is highly advisable that all co-owners submit consistent AIS feedback based on the registered sale deed.

For personalized assistance and expert tax planning, feel free to reach out to our team at A R Dhorajiya & Co., Chartered Accountants.

27/07/2026

📢 Important Guide: Choosing the Correct ITR Form for Capital Gains (AY 2026-27)

Are you selling shares, property, or mutual funds this year? Selecting the wrong ITR form can lead to unnecessary processing delays or queries from the Income Tax Department. Here is a simple breakdown for resident individuals based on the nature of your Capital Gains.

Which ITR Form to File?

1️⃣ ITR-1 (Sahaj)
Use this only if:
You are a resident individual.
Your only capital gain is Long-Term Capital Gain (LTCG) under Section 112A (e.g., from listed equity shares or equity-oriented mutual funds) AND it does not exceed ₹1.25 lakh.
⛔ Critical Note: You cannot use ITR-1 if you have any Short-Term Capital Gains (STCG) or any capital gains from assets like property, debt funds, or gold.

2️⃣ ITR-2
This is the appropriate form for most investors. File ITR-2 if:
Your LTCG under Section 112A exceeds ₹1.25 lakh.
You have any Short-Term Capital Gain (STCG).
You have capital gains from any other assets (such as property, gold, debt mutual funds, etc.).
✅ Note: Use this form only if you do NOT have income from a business or profession.

3️⃣ ITR-3
File ITR-3 if:
You have any Capital Gains (LTCG or STCG from any asset type).
AND you also have income classified under Business or Profession.

💡 Important Reminders
Loss Carry Forward: ITR-1 does not allow you to carry forward any capital losses to set off against future gains. If you have losses and want to carry them forward, you must file ITR-2 or ITR-3.
Verify Eligibility: Always verify the complete list of eligibility criteria for each ITR form to ensure correct selection.

Selecting the right form ensures accurate reporting and smoother filing.

24/06/2026

🚨 Are You Investing or Trading?
Don’t Make This Costly ITR Filing Mistake!

If you booked losses in stocks, mutual funds, or F&O trading this financial year, filing the wrong income tax form could cost you thousands in future tax benefits.

Many taxpayers rush to file ITR-1 because it seems the simplest. However, if you have capital losses, ITR-1 is a trap.
Why? Because ITR-1 does not have the required schedule to report capital gains or losses. If you don't report the loss, you can’t carry it forward.

💡 Why Capital Losses Are Valuable "Tax Assets"
Think of a loss as a discount coupon for future taxes.
If you report your losses correctly by filing ITR-2 or ITR-3, you can carry them forward for up to 8 assessment years.

Imagine you made a ₹1,00,000 loss this year. By reporting it now, you can keep that ₹1,00,000 "loss asset" on record. Next year, if you make a ₹1,50,000 profit, you only pay tax on the remaining ₹50,000. That’s a massive saving! (See the exact breakdown in the example in the infographic).

📝 Which Form is Right for You?
Don't let your losses die in ITR-1. Make the right choice based on your income sources:
File ITR-2: If you have capital losses (from stocks/mutual funds) and other income like salary or interest, but NO business/professional income.
File ITR-3: If you have capital losses plus income from F&O trading, intraday trading, or any other business/profession.

⏰ The Deadline is Critical
To carry forward your losses, filing by July 31st is mandatory. If you file a belated return (after the deadline), you lose the benefit of carrying forward these losses.
The Income Tax Department will not send you a notice to warn you that you are losing this benefit. It is up to you to file correctly.
Don’t lose money due to a filing mistake. Review your financial statement, understand the set-off rules, and pick the right form.

If you are unsure which form to use, we are here to help.

22/06/2026

🚨 GST on online business

Selling online in India is a massive opportunity, but it also comes with a unique set of GST regulations. As e-commerce has exploded, so has the compliance burden. Mastering the key details is crucial for every seller - from marketplace vendors to D2C brands, to protect their margins and avoid penalties. We’ve broken down the essential aspects of GST for online business into a detailed infographic based on our latest expert guide.

Selling online isn't just about listing products; it's about navigating a different tax environment. Here’s what every online seller needs to know:

1. Registration & Compliance Basics:
Mandatory GST Registration: Every single e-commerce seller must register under GST, regardless of turnover. There is no threshold exemption (like the ₹40L for goods/₹20L for services) for online sellers.

TCS Collection: Marketplaces like Amazon and Flipkart must collect 1% Tax Collected at Source (TCS) on net sales and deposit it with the government. This isn't an extra tax; it's collected upfront, and you can claim it as a credit later to reduce your tax liability.

2. Tax Structure:
Rates & Place of Supply: The GST rates are the same as offline (5%, 18%) but how you calculate them depends on the place of supply. For services, it's based on the customer’s location; for goods, it’s the delivery address. This determines whether you charge Central, State, or Integrated GST (CGST/SGST vs. IGST).

Claiming Input Tax Credit (ITC): This is your best tool for preserving margins. Sellers can claim ITC on a wide range of business expenses, including office rent, advertising, and packaging materials, reducing the final tax payable.

3. Major Implications & Recent Challenges:
Returns, Refunds, and Returns: Returns are a part of e-commerce, but TCS applies to the gross value of sales. Incorrect accounting here can block your credit, making robust financial systems essential.

Inventory & State-wise Warehouses: If you use fulfillment centers in multiple states (e.g., Amazon FBA in three locations), you must register in each state and handle state-specific compliance.

Cash Flow: The immediate TCS deduction can put a strain on working capital, especially for small, low-margin businesses.

Classification Disputes: Misclassifying a product (e.g., whether a food product is 5% or a related service is 18%) can lead to notices and penalties.

4. Key Tips for Compliance:
Register strategically: Consider where you store your stock.

Automate everything: Use accounting software that integrates with your marketplaces for automated tracking.

Reconcile monthly: Reconcile your TCS credit in the GSTR-2A/2B ledger monthly.

Keep perfect records: HSN/SAC code accuracy is paramount.

File on time: Late filing means penalties and interest.

GST has formalized the e-commerce sector, but the cost of compliance has also gone up. The key to thriving is robust record-keeping, a deep understanding of the rules, and, most importantly, automation to streamline your financial operations and protect your hard-earned margins.

A R Dhorajiya & Co. Chartered Accountants

15/08/2026

13/08/2026

08/08/2026

07/08/2026

30/07/2026

29/07/2026

28/07/2026

27/07/2026

24/06/2026

22/06/2026

Address

Opening Hours

Website

Alerts

Shortcuts

Share

Category

Listing takedown request

Monday	10am - 8pm
Tuesday	10am - 8pm
Wednesday	10am - 8pm
Thursday	10am - 8pm
Friday	10am - 8pm
Saturday	10am - 8pm