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Fixed number of filing days should be available from the date ITR utilities are actually released and stable.
If ITR utilities are delayed by 40 days, the due date should automatically extend by 40 days.
Tax professionals should not lose effective filing time because of delayed utility uploads.
Simple. Fair. Practical.
Do you agree?
Many people, especially senior citizens and retired individuals, place blind trust in relationship managers and agents. That trust should never be exploited for targets or commissions.
Insurance should provide protection and peace of mind - not become a financial trap years later.
True.
A threshold fixed in 2017 without meaningful revision for inflation defeats the very purpose of easing compliance for small businesses.
Today, even modest businesses cross ₹20L/₹40L turnover much faster due to rising prices, not necessarily higher real income or profitability.
Periodic inflation-linked revision of GST thresholds is worth considering to genuinely support MSMEs and reduce unnecessary compliance burdens.
Very pathetic. @Infosys_GSTN is sharing new registration data with marketing agencies. Yesterday we received our GSTN and since then we have received 40-50 calls, emails, WhatsApp messages and text messages. Where is data protection? @askGST_GoI
Urgent cognizance @1stIndiaNews
Many professional firms, family businesses, and growing enterprises prefer LLP/firms due to flexibility, compliance structure, or regulatory reasons.
Tax policy ideally should remain neutral between business structures unless there is a strong economic justification for differential treatment.
@CAHimankSingla Completely agree.
Somewhere between due dates, reconciliations, notices, utilities, software, summaries, and compliance pressure, many professionals slowly stopped reading the law itself.
The Bare Act used to be the core. Over time, it became the “last resort.”
Important things taxpayers often forget to report:
• Interest income
• Foreign assets
• Capital gains
• Crypto transactions
• Rental income
• Dividend income
Every business should regularly reconcile:
• Books vs GST Returns
• Books vs 26AS
• Books vs AIS
• GSTR-1 vs GSTR-3B
• Purchase Register vs GSTR-2B
Because in modern taxation,
the department doesn’t just check your return.
It checks whether your entire financial story matches everywhere.