Articles by Mitali

Set-Off & Carry Forward Rules: What the New Income-Tax Bill Means for Your Losses?

Mitali 23 July 2025 at 12:31

Learn how the Income-tax Bill 2025 tax law will help you set them off and carry them forward saving more and stressing less!

SBI Warns: Aggressive GST Scrutiny May Push Small Businesses Back to Cash

Mitali 23 July 2025 at 12:29

Tax scrutiny of UPI payments could reverse GST formalisation gains, SBI cautions in a new report.

ITR AY 2025-26 Update: New Business and Profession Codes Introduced

Mitali 22 July 2025 at 12:37

New business codes added in ITR for AY 2025–26, including social media influencers, F&O trading, and speculative income. File accurately to avoid issues.

Women Now Make Up Over 30% of ICAI's Total Membership

Mitali 16 July 2025 at 13:29

As of April 2024, women constitute over 30.26% of the total member base of around 4.25 lakh.

GST Tax Demand and Penalty Issued to Bajaj Consumer Care Ltd

Mitali 10 July 2025 at 17:44

Bajaj Consumer Care Ltd. is an Indian company known for manufacturing and selling personal care products, particularly hair care products.

File Your ITR Even After Retirement Or Can Cost You Lakhs in Tax Penalty

Mitali 30 June 2025 at 17:51

Retirement benefits include gratuity, provident fund (PF) money etc. are received along with the salary at the time of retirement or voluntary retirement scheme (VRS).

Mahindra Holidays Faces Rs 363 Crore GST Demand Notice

Mitali 30 June 2025 at 12:50

Mahindra Holidays & Resorts India Ltd. on Sunday said that they have received a tax notice of over Rs 363 crore for the financial year 2018–19 including penalty, related to reporting of IGST on its club membership services.

CA Firm Calls Student 'Oversmart' for Asking About Stipend

Mitali 30 June 2025 at 11:39

A CA student in Faridabad sparked a heated online debate when reached out to a CA firm before applying for an articleship and asked two basic questions

How Unnecessary UPI Transactions Can Trigger Tax Notices?

Mitali 25 June 2025 at 15:59

The GST department issued Show Cause Notices under Section 63 to individuals for failing to comply with GST registration.

Is It True ITD Issue Notices As You Paid Self-Assessment Tax in Past Year for Ignoring Advance Tax?

Mitali 10 June 2025 at 14:15

A Taxpayer paid Self-Assessment Tax above Rs.10,000 in the AY 2024-25, from the detail of Self-Assessment Tax payment, the IT department issues notices to a Taxpayer in the AY 2025-26.