Taxation Updates (CA Mayur J Sondagar)

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[Taxation Updates (CA Mayur J Sondagar) @TaxationUpdates]

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[Taxation Updates (CA Mayur J Sondagar) @TaxationUpdates]

Must Refer this Presentation, You will definitely thanks the author @beevenkat sir

Big thank you to Shri B. Venkateswaran, I.R.S. (Retd.), for this remarkable effort. The book reflects decades of practical GST expertise, deep insights, and an unwavering commitment to taxpayer education and GST awareness.

📘 Most GST books tell you what the law says.

Few explain:
✅ When ITC is available
✅ When ITC is blocked
✅ How courts have interpreted the law
✅ What documents should be maintained
✅ How to avoid costly mistakes

This GST ITC Guide includes:
📖 20 Chapters
📊 18 Infographics
❓100 Practical Q&A
⚖️ Key Court Judgments
✅ Checklists

Because GST compliance should be practical, not confusing.

PDF Link https://t.co/fwOsYTkuFr

#GST #ITC #GSTIndia
@FinMinIndia @cbic_india @Infosys_GSTN @AhmedabadDgts @Dgtpsmumbaicbic @dgtpschennai @GSTMumCentral

[Taxation Updates (CA Mayur J Sondagar) @TaxationUpdates]

Must Refer this Presentation, You will definitely thanks the author @beevenkat sir

Big thank you to Shri B. Venkateswaran, I.R.S. (Retd.), for this remarkable effort. The book reflects decades of practical GST expertise, deep insights, and an unwavering commitment to taxpayer education and GST awareness.

📘 Most GST books tell you what the law says.

Few explain:
✅ When ITC is available
✅ When ITC is blocked
✅ How courts have interpreted the law
✅ What documents should be maintained
✅ How to avoid costly mistakes

This GST ITC Guide includes:
📖 20 Chapters
📊 18 Infographics
❓100 Practical Q&A
⚖️ Key Court Judgments
✅ Checklists

Because GST compliance should be practical, not confusing.

PDF Link https://t.co/fwOsYTkuFr

#GST #ITC #GSTIndia
@FinMinIndia @cbic_india @Infosys_GSTN @AhmedabadDgts @Dgtpsmumbaicbic @dgtpschennai @GSTMumCentral

[Taxation Updates (CA Mayur J Sondagar) @TaxationUpdates]

Anyone getting issue related to use of broadcast

WhatsApp had disabled broadcast messages on my number and no solution to restore it

@WhatsApp how to resolve the issue

Where to contact for restoration

Why it was banned?

[Taxation Updates (CA Mayur J Sondagar) @TaxationUpdates]

@snagachandra @WhatsApp Yes sir no support from @WhatsApp
Contact us section is bot based

[Taxation Updates (CA Mayur J Sondagar) @TaxationUpdates]

Anyone getting issue related to use of broadcast

WhatsApp had disabled broadcast messages on my number and no solution to restore it

@WhatsApp how to resolve the issue

Where to contact for restoration

Why it was banned?

[Taxation Updates (CA Mayur J Sondagar) @TaxationUpdates]

This year the section numbering and presentation of TDS/TCS changed from multiple sections (Income Tax Act, 1961) to single section (Income Tax Act, 2025) having multiple line item in tabular form

In this tool you can search old section number and get new section number easily with amended section code which will you can use while paying TDS/TCS pertaining Tax Year 2026-27

You can also search section code, section number, nature of payment etc.

TDS/TCS Section Code Master Table (Tax Year 2026-27) 👇

✔️ Statistics
✔️ Section-wise codes
✔️ Rates + Thresholds
✔️ Old vs New Act mapping
✔️ Form reference for Return Filing
✔️ Smart search + filters
✔️ TDS/TCS Calculator
✔️ Tabular and Grid View

This will help you in doing compliance with accuracy.

🔗 Try it now: [https://t.co/Yr9LZUYAhQ]

💡 Bookmark and share this for everyone's help.

#TaxationUpdates

[Taxation Updates (CA Mayur J Sondagar) @TaxationUpdates]

TDS Return Filed on 15th and 16th May were accepted at e-filing portal but not reflecting on TRACES Portal yet and due to that can't check processing status

@IncomeTaxIndia kindly process such returns ASAP

[Taxation Updates (CA Mayur J Sondagar) @TaxationUpdates]

📢 New Information required in ITR Form of AY 2026-27 (FY 2025-26)

This Year (AY 2026-27) in ITR-4 Reporting of "Balance with Banks" is Mandatory

Earlier only Sundry Creditors, Inventories, Sundry Debtors and Cash-in-hand were Mandatorily required to be reported in ITR-4.

#IncomeTax #TaxationUpdates
@IncomeTaxIndia

[Income Tax India @IncomeTaxIndia]

Attention taxpayers!
The Excel utility and Online filing for ITR-1 and ITR-4 for AY 2026-27 has been enabled and is now available for taxpayers on the e-Filing portal.

@nsitharamanoffc @officeofPCM @FinMinIndia @PIB_India

[CA Nagachandra Somu @snagachandra]

GST was launched on 1st July 2017 with a ₹20L/10L threshold for goods/services in some states and w.e.f 1st April 2019, ₹40L for Goods in a few states

It's 2026. That limit hasn't moved

IMO, inflation should also be considered here

@abhishekrajaram @TaxationUpdates @AbhasHalakhandi @DEEPKORADIA

[Mihir Modi @I_AM_Mihir_Modi]

@TaxationUpdates @IncomeTaxIndia Why can't we simply have cash ledger concept like GST?
When section codes are going to be reported in TDS returns, what's the need to have bifurcation in Challan itself.

Why complicate things @IncomeTaxIndia?

[Taxation Updates (CA Mayur J Sondagar) @TaxationUpdates]

In TDS payment if two different tabs were made available like Pay TDS/TCS Resident Deductee & Pay TDS/TCS Non-Resident Deductee then so many users not required to select residential status of the deductee every time @IncomeTaxIndia

Second thing on section code for short period give old section together with new section or on selection new section just small pop up that this section means so and so section of old income tax act.

For New Payment system this enhancement will help many tax payers

[Taxation Updates (CA Mayur J Sondagar) @TaxationUpdates]

In TDS payment if two different tabs were made available like Pay TDS/TCS Resident Deductee & Pay TDS/TCS Non-Resident Deductee then so many users not required to select residential status of the deductee every time @IncomeTaxIndia

Second thing on section code for short period give old section together with new section or on selection new section just small pop up that this section means so and so section of old income tax act.

For New Payment system this enhancement will help many tax payers

[Taxation Updates (CA Mayur J Sondagar) @TaxationUpdates]

INCOME TAX READY REFERENCER – 5th Edition BY CA HARSHIL SHETH @CA_HarshilSHETH

Updated for AY 2026-27 / TY 2026-27 with all Important Amendments

Key 35 Income Tax topics (List Attached Below) in tabular formats with Simplified Easy Language

Price of PRINTED BOOK : ₹499 ONLY!

Link to Order- https://t.co/xTKL5UrO7i

[Taxation Updates (CA Mayur J Sondagar) @TaxationUpdates]

New TDS/TCS Payment Process from 1st April 2026

E-Pay Tax Tab Shows 2 Option (Pic 1)

Income-tax Act, 2025 - New Process Explained Here
Income-tax Act, 1961 - Same Process No Change

Pic 2
👉Select the appropriate deductee type (Corporate or Non-Corporate); separate challans are required for each type.
👉Select the correct status of the deductees (Resident or Non-Resident). Separate challans must be prepared based on the deductees’ status

Pic 3
Multiple section codes can be selected for the chosen deductee type in a single challan, subject to a maximum of 20 codes. If more than 20 codes are required, an additional challan must be filed.

Pic 4
Combine amount of all section code will appear and then same process flow like old payment process

Benefits - Payment for multiple section codes (maximum 20) now possible using single challan

Suggestions - For a short period provide old section reference in bracket so that easy to connect old section code with new section code

@FinMinIndia @IncomeTaxIndia

[Taxation Updates (CA Mayur J Sondagar) @TaxationUpdates]

@IncomeTaxIndia Acknowledgment for TAN application 88302951249026

[Taxation Updates (CA Mayur J Sondagar) @TaxationUpdates]

So many TAN Application were pending for TAN Allotment @IncomeTaxIndia kindly help

[Taxation Updates (CA Mayur J Sondagar) @TaxationUpdates]

Compliance Calendar May 2026

https://t.co/S5U2B4fCZF

[Taxation Updates (CA Mayur J Sondagar) @TaxationUpdates]

If you handle TDS/TCS…

SAVE THIS.

This single tool covers:

✔ Smart search across all sections
✔ Filter by nature / type (TDS vs TCS)
✔ Old vs updated section mapping
✔ Rate + threshold + form visibility in one view
✔ Built-in calculator for quick working
✔ Dashboard insights for better understanding
✔ Clean, structured interface for instant lookup

No need to open multiple tabs again.

Link 🔗 https://t.co/Yr9LZUZ87o

[Taxation Updates (CA Mayur J Sondagar) @TaxationUpdates]

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