by Sagar Pawar | Nov 12, 2025 | Taxation
🧾 Detailed Analysis of GSTR-9 and GSTR-9C Changes for FY 2024-25 Effective from: 22 September 2025 Applicable for: Annual Return & Reconciliation Statement of FY 2024-25 Issued by: CBIC (Central Board of Indirect Taxes & Customs) — 📘 1. Background Every...
by Sagar Pawar | Nov 12, 2025 | Taxation
Introduction Micro, Small & Medium Enterprises (MSMEs) are the backbone of the Indian economy. To protect their cash flow, the law mandates that buyers must pay MSME suppliers within specified time limits. Failure to comply not only attracts interest penalties but...
by Sagar Pawar | Nov 12, 2025 | Taxation
The Income Tax Department has introduced several significant changes to the Income Tax Return (ITR) filing process for Assessment Year (AY) 2025-26 (Financial Year 2024-25), sparking widespread discussion among taxpayers. With stricter validation rules, enhanced...
by Sagar Pawar | Nov 12, 2025 | Taxation
In a significant move to enhance tax compliance, the Indian government has extended the time limit for filing Updated Income Tax Returns (ITR-U) from two years to four years from the end of the relevant assessment year. This change, effective from April 1, 2025,...
by sinewave | Oct 9, 2025 | GST, Taxation
In the modern competitive business world, Chartered Accountants (CAs) are increasingly under pressure to handle numerous clients, keep up with evolving tax laws, and provide timely and accurate financial information. Manual traditional procedures no longer cut it —...
by Sagar Pawar | Apr 19, 2025 | Taxation
It’s that time of the year again when salaried professionals, freelancers, and business owners alike start prepping for income tax return (ITR) filing. The assessment year (AY) 2025-26 corresponds to the financial year (FY) 2024-25, and with every new tax season,...
Recent Comments