Melvin santhana raj

Tax Consultant

[CA Anurag Sharma @caanuragwriter]

Taxability in case of person doing F n O trading #tax #FnO #sharemarket

[CA Ruchita Vaghani @R_N_Vaghani]

Earn Income → Income Tax

Spend Money → GST

Buy Fuel → Excise & VAT

Buy House → Stamp Duty

Use Road → Toll Tax

Save Money → Inflation

Middle classs exploited Every Day.

[FinTaxPro @fintaxpro_CA]

🚨 BIG INCOME TAX COMPLIANCE CHANGE FROM 1 APRIL 2026 🚨

Now maintaining books of account is not enough…Under new Rule 46(8) of Income-tax Rules, 2026, businesses and professionals maintaining books in electronic mode may now be required to:
✅ Take DAILY backup of books of account
✅ Store backup on servers physically located in INDIA
✅ Ensure books remain accessible in India at all times

This rule can impact:
📌 Tally Users
📌 Zoho Books Users
📌 Cloud Accounting Users
📌 ERP Systems (SAP/Oracle etc.)
📌 Companies & LLPs
📌 Professionals & Businesses under tax audit

⚠ Weekly backup may not be sufficient.
⚠ Foreign cloud storage without India replication may become risky.

Tax Audit Reports may also require reporting regarding compliance of Rule 46(8).

Non-compliance may lead to:
❌ Penalty under Income Tax Act
❌
now review:
✔ Daily Backup policy
✔ Server location
✔ Cloud infrastructure
✔ Audit trail systems
✔ Data retention process

This is one of the biggest digital compliance changes introduced under Income-tax Rules, 2026.

I have draft email for asking such details

For detail Video refer - https://t.co/EABhsQvVA2

#IncomeTax #Rule468 #TaxAudit #IncomeTaxRules2026 #Tally #ZohoBooks #CloudAccounting #BusinessCompliance #ERP #CA #TaxUpdate #FinTaxPro

[Polimer News @polimernews]

#JUSTIN || தமிழ்நாட்டின் 33 அமைச்சர்களில் 32 பேர் புதுமுகங்கள் | #TNCMVijay | #CMVijay | #Oath | #Minister | #CabinetMinister | #TVK | #PolimerNews

[Abhas Halakhandi @AbhasHalakhandi]

GST Portal again failing on crucial due dates!!

With strict GST timelines, a working portal is the bare minimum.Faulty systems on last dates waste thousands of man-hours, burden taxpayers with undue interest.

Due date should be extended immediately @Infosys_GSTN @cbic_india

World is exploring Artificial Intelligence with full force and here we are - struggling for a properly working portal. Bad example for Digital India

[CA Bimal Jain @BimalGST]

Extend GSTR-3B return filing deadline: Demand by advocates and CAs as the portal is not working properly

Read More at: https://t.co/kMLfczZAS5

[CA Ruchita Vaghani @R_N_Vaghani]

Dear @Infosys_GSTN

GST Portal is not Working Properly Since Today Morning, Users are Facing Following Issue
➡️Difficulty in Login on Portal
➡️Captcha is not Loading
➡️Again and Again Logout From Portal
➡️Problem in saving GSTR-3B
➡️Payment and Proceed to file are working only after 6-7 attempts

Kindly solve this problems as soon as possible.

@cbic_india As users are unable to file GSTR-3B , Kindly Extend the due date. Why taxpayers suffers the inability of tech company. @nsitharamanoffc @nsitharaman @FinMinIndia

[Abhas Halakhandi @AbhasHalakhandi]

🚨GSTR-2B TECHNICAL ISSUE ALERT🚨

For March 2026, some invoices for certain supplier GSTINs are not getting reflected in GSTR-2B.

On verification in IMS, the invoices are available but the return status is showing as “Non-Filed”, despite the supplier having filed return within time. In one case, the supplier filed on 8 April [Pics 👇]

Taxpayers who rely solely on GSTR-2B while filing GSTR-3B should be careful this month!!

@Infosys_GSTN Kindly look into this issue urgently

Same was observed by @CA_HarshilSHETH @DEEPKORADIA also

[CA Ruchita Vaghani @R_N_Vaghani]

Dear @IncomeTaxIndia

Gentle Reminder

ITR Season Starts From Tommorow. So kindly Release Utility Tommorow Itself and avoid Conflict with Professionals.

Timely Release of utility may help income tax department to avoid from senseless arguments like professional knows due date already in advance.

Wishing Good & Tweetless Tax Year Ahead @IncomeTaxIndia

[Abhas Halakhandi @AbhasHalakhandi]

🚨Complete TDS/TCS mapping wrt Income Tax Act 2025,with Sections, Section Codes & applicable rates is now ready!!

Section Codes 1001 to 1092 will be effective from 1st April

Follow me and @hirenbhandari_ for more such useful information👍

PDF Link:-
https://t.co/gdPxk03F7i

[ＭＯＮＩＫＡ 𓏲ּ𝄢 @MonikaTVK]

Savukku Shankar has already warned us.. 🙁

#WeStandWithVijay

[Melvin santhana raj @MelvinSjm]

For a simple horn switch issue (all other switches working fine), I’m being asked to replace the entire left switch assembly instead of repairing the faulty switch alone. Why isn’t individual switch-level service supported when connectors are separate? Unfair cost! @tvsiqube

[Melvin santhana raj @MelvinSjm]

@tvsiqube When after my death?

[Melvin santhana raj @MelvinSjm]

@tvsiqube Check your dm, worst service partners i ever seen

[Ilaya Bharatham @IBharatham]

திராவிட மாடலா..? திருட்டு மாடலா? பெரியாரிஸ்ட் பியூஷ் மனுஷ் கேள்வி! | DMK | MK Stalin | Viral Video |

#dmk |#mkstalin | #viralvideo |#piyushmanush | #dravidamodel | #ilayabharatham |#ibnews |

[TaxBuddy @TaxBuddy1]

If you run a business, this is a buyer-side compliance checklist👇

Turnover above ₹10 crore and purchases over ₹50 lakh from one seller trigger Section 194Q.

TDS applies only on the excess amount, excluding GST.

📌Save this guide

[CA. Harsh Jain @jainharshca]

Due to the mess created by @Infosys in delaying the release of ITR forms on time n then @IncomeTaxIndia already harassed all of us with due date extension in september n october. Hence now its morale responsibility of @FinMinIndia @PMOIndia to #Extend_Due_Date_Immediately ITR-GST