TRACES Doesn't Confirm Corrections. It Confirms Your Commitment towards Patience.
TRACES IS WORLD'S MOST INSECURE WEBSITE😄 ( not security threat wise)
Yes, when you are "confirmed" to submit, It asks you 6 times to confirm
Next year, we may actually miss TRACES ( or we may have more steps in New portal of Traces ).
To confirm one correction, You have to travel 6 screens
✅ 1 Submit Correction Statement
✅ 2 Confirm Action Summary
✅ 3 Corrections Ready for Submission
✅ 4 View Statement
✅ 5 Submit for processing
✅ 6 Confirmation
CHECK SCREENSHOTS
TRACES be like : Are You Really, Really, Really Sure? wait, confirm again Really, Really, Really Sure?
CPC wrongly using REVISED return date instead of ORIGINAL return date for loss carry-forward eligibility (AY 2022-23 onwards). Despite rectification order accepting losses in AY 2021-22, subsequent years show incorrect Schedule CFL. Urgent correction needed.@IncomeTaxIndia
It’s ironic that @clubmahindra resorts are not available on their app for club members on the given dates but available on @makemytrip for the same dates
This is for highest tier where I was promised availability for all season.. How do you explain this?
Running a scam @clubmahindra ?
➡️ Department of Financial Services launches Common Landing Portal for Unclaimed Financial Assets
➡️ Single unified online platform for citizens to search and trace unclaimed bank deposits, insurance claims, shares and mutual funds across the financial ecosystem
➡️ Initiative advances the “आपकी पूँजी, आपका अधिकार (Your Money, Your Right)” campaign by enabling easier access to information on unclaimed financial assets
🌐 https://t.co/cbDqMjYh4L
🔗https://t.co/pFMTXH6okP
@DFS_India@FinMinIndia
Add this to the list of incredible records to the 1⃣5⃣-year-old's name 🫡💥
He gets to the milestone in 2️⃣3️⃣ innings!
Updates ▶️ https://t.co/eupS8cBPc2
#TATAIPL | #Qualifier2 | #TheFinalLeap | #GTvRR
@IncomeTaxIndia already sent detailed email: Grievance regarding wrong disallowance of brought forward losses due to incorrect filing date considered by CPC Wed, May 13, 5:38 PM
📢 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
Ishan Kishan is a terrific cricketer who has just essayed an amazing international comeback.
He has also made almost a 100 crores just from IPL fees, not counting international duty and endorsements. This cheque is not a 100th of what he has already made and he's not the greedy sort.
So one can only assume this was literally a payout for a photo-op with him to ensure that the others in the picture got into the papers and all over social media.
Obviously, why spend one crore of government money on creating facilities or training centres or bankrolling poor athletes when you can instead use it to create a photo op by paying the one of the few athletes from your state who really does not need the money!
And that's why sport in India is where it is.
Reducing the size of political leaders convoys or traveling without one would save tons of fuel. They block major intersections, forcing idling cars to waste fuel. True leadership means sharing the road with the people
REFUND UPDATE
Annexure B for REFUND under GST Required now to be uploaded in their UTILITY (json File)
- This will validate the invoice directly by system with 2B
- Even particular Invoice found in which month's 2B is also required - Quite a tedious task!
with @AbhasHalakhandi
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
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
Myth: Chartered Accountants practice only in big cities.
Reality: A large number of CAs are working in Tier 2 & Tier 3 cities - guiding MSMEs, ensuring compliance, and supporting real business growth on the ground.
RT if you’re a CA working in a Tier 2/3 city. 💼📊
#MSME #CharteredAccountant #India