If I recall the Pathetic changes done in last few years
in Income tax which not affect Mind-peace but also affect Pocket of taxper
in Recent past, We had
1. 194Q- TDS ON PURCHASE
2. 206C(1H)- TCS ON SALE
3. 43B(1H)-MSME
4. 44AD -5 YEAR RULE
5. 112A LTCG ON EQUITY
6. 87A Drafting Anamolies
NOW , This #budget brought some more
7. NO INDEXATION
8. LTCG has increased to 12.5% from 10% incase of Eq. shares/units
9. STCG has increased to 20%
10. TDS on Partner remuneration &Interest
And we call it comprehensive reforms in Income tax
@GovindarajanV10@AAPNDGupta@AamAadmiParty@nsitharaman Do you realize how many CAs have been tested positive? We just don’t need laptop to complete audit. There is client interaction, exchange of files for vouching, etc. None of the extensions were given for the CAs to complete the work on time. It was for infosys to clear the mess!
Whether CAs & Tax Professionals are just considered as filing Machines or do they have Right to call themselves as Human ? @PMOIndia
Note : Humans,
-do feel pain
-do fall sick
-do catch Covid Virus
-bears lock downs
-do have to see family's health too
-restrtd. by force majeure
@HemantSorenJMM Sir, the time limit of 2PM on E commerce delivery should be removed. There is no restriction on food delivery or courier. E commerce is also delivering daily needs of people.
@suchetadalal@PiyushGoyal@KiritSomaiya I uploaded a form on 31st Dec. I tried paying for it on 1st. It showed internal error. On calling the helpline number, the person asked me to cancel the SRN of form and upload a fresh form! Due to MCA site technical error, now I am suppose to pay 10k for the form! #Extend_CFSS