Articles by Mitali

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Yes Correct: No Late Fee Applies If You File ITR After Due Date

Posted by Mitali 19 September 2025 22431 Views

File or revise your ITR by 31 Dec 2025. Know the deadlines, late fee rules, and compliance tips to avoid penalties.

ICAI Calls for Section 234C Interest Waiver Due to Portal Errors

Posted by Mitali 18 September 2025 1209 Views

The ICAI has made a request to the tax department saying that no interest u/s 234C shall be imposed as many taxpayers on 15th September 2025 could not pay their...

FAQ on GST Rate Rationalization Based on Recommendations in its 56th Council Meeting

Posted by Mitali 16 September 2025 455 Views

Get clarity on GST and pricing rules from NPPA and the 56th GST Council decisions covering MRP re-labelling of medicines, uniform 5% GST on drones, GST on bricks, exemptions on insurance, hotel accommodation rates, beauty services, job work, multimodal transport, ECO liability on local delivery, and leasing/renting services.

Late Filing Fees Applies From 17th September 2025: Check How Much will be Levied?

Posted by Mitali 15 September 2025 3991 Views

Know late filing fees under Section 234F (Rs 5,000 or Rs 1,000 based on income) and interest under Section 234A, 234B, and 234C. Understand when penalties apply and how timely tax payment can save you from extra charges.

How GST Changes in Mining Will Benefit Housing and Small Businesses?

Posted by Mitali 12 September 2025 113 Views

Explore how the recent GST reforms in the mining sector can boost the housing industry and support small-scale enterprises in India.

Party-Wise Reconciliation of 194Q TDS is Must for ITR and GST

Posted by Mitali 10 September 2025 578 Views

Avoid mismatches in ITR filing - reconcile TDS deductions in 26AS with GSTR-1 and 3B for accurate ITR filing.

Car Prices After GST 2.0: Rules For Advance bookings

Posted by Mitali 09 September 2025 301 Views

Discover how GST 2.0 reshapes vehicle tax rates in India. From two-wheelers to SUVs, tractors, and EVs, explore revised GST slabs, consumer benefits and refund rules for advance bookings effective 22nd September 2025.

Wife Receives Rent but Property in Husband's Name: Hidden Tax Trap

Posted by Mitali 05 September 2025 18191 Views

Know how the rental agreements in a spouse’s or children's name impact tax with legal provisions and how AI can traces Tax Evasion.

How to Earn more than 8.20% Interest from Senior Citizen Savings Scheme 2025

Posted by Mitali 03 September 2025 22806 Views

Senior Citizen Saving Scheme (SCSS) allows eligible individuals to earn interest on their investments with a potential strategy from 1st September 2025 onwards....