CA kanagaraj shanmugam

Professional Chartered Accountant and practicing in Coimbatore city for the last 35 years

[Alagesh Chelliah @AlageshChelliah]

இஸ்லாமியரான.. இவர் பெயர் இல்யாஸ் கான்... மேற்கு வங்கத்தில்... நெடுஞ்சாலை ஓரத்தில் இருந்த இவருடைய விலைமதிப்புமிக்க 8ஏக்கர் நிலம்.., 2022-ல் திரிணாமூல் ஆதரவு குண்டர்களால் அபகரிக்கப்பட்டது...
அதை மீட்க.. அவர்களுடன்.. நடந்த போராட்டத்தில், இவர் தனது மகனையும்,, சகோதரரையும் இழந்தார்... பின்னர் இவர்.. தனக்கு பாதுகாப்பு கொடுக்கக்கூடிய ஒரே கட்சி... தான் இத்தனை நாள் எதிரியாக நினைத்த... பாரதிய ஜனதா கட்சி தான் என புரிந்து கொண்டு.. தேடி வந்து ஆதரவு கேட்டு... மம்தாவுக்கு எதிராகக் குரல் கொடுக்கக் தொடங்கினார்....

தற்போது நடந்த.. தேர்தலில் பா.ஜ.க.வின் வெற்றிக்குப் பிறகு.., அந்த நிலம் உடனடியாக மீட்கப்பட்டு.. இல்யாஸ் கானுக்கே.. கிடைக்கப்பெற்றது....🙏🙏🚩🚩
தனது நிலத்தைத் திரும்பப் பெற்றபோது, இவர் பலமணி நேரம் அங்கேயே உட்கார்ந்து அழுது கொண்டிருந்தார்....

பொத்தம் பொதுவாக... பா.ஜ.க.வை முஸ்லிம்களின் விரோதி என்று எங்கே குருட்டுத்தனமாக உளறிக் கொண்டிருப்பவர்கள் இவர்கிட்ட போய் விவரம் கேளுங்க..🔥🔥

[CA Himank Singla @CAHimankSingla]

Dear @IncomeTaxIndia @nsitharaman @nsitharamanoffc @Infosys

As per Income Tax law, the time available for filing non-audit ITRs (ITR-1 & ITR-2) is from 1 April to 31 July... a total of just 122 days.

Today is 12th May.
42 days already gone. Only 80 days left.
That means nearly 34% of the statutory filing window is already over, while utilities for key ITR forms are still not released!

And once utilities come, professionals & taxpayers will be expected to complete 100% compliance in the remaining 66% time.

NO ACCOUNTABILITY. NO TRANSPARENCY. NO PREPARATION. FULL SHAMELESSNESS.

And the worst part ? Leaders of our profession never seem to raise this point each year on social media!

[CA kanagaraj shanmugam @sk_cbe]

@AshwiniVaishnaw Sir the seats in Jansatabthi express from Coimbatore to Myladuthurai are not convenient to sit and travel. Kindly check and do the needful.

[CA kanagaraj shanmugam @sk_cbe]

@rohitjain2021 @abhishekrajaram Hi my mail id [email protected]

[Tax Guru @taxguru_in]

ITAT Chandigarh quashes reassessment: JAO lacked jurisdiction under faceless regime; third-party search material required Sec 153C, not 147/148. ₹50L Sec 69 addition based only on builder’s Excel sheet & statements (no cross-exam, no proof of cash) deleted. Appeal allowed. #IncomeTax  https://t.co/1vaDrR5C8t

[Abhishek Raja "Ram" @abhishekrajaram]

Bombay High Court quashes reassessment notice for AY 2015-16 issued after April 2021 as time-barred under TOLA provisions and invalid.
#IncomeTax #HighCourt

👉 Stay updated on GST—join our WhatsApp group for more such content.
Link : https://t.co/jmXhh61opU

[PRADEEP GOYAL @GoyalPradeepCA]

Most of the assessing officers and first appellate authorities (CIT-A) don't follow the biding settled judgements of jurisdictional benches of ITAT and High Court even judgements of 3 judges bench of hon'ble Supreme Court. This is against judicial discipline and can't be disrespected.
Remedy : working to file a writ (PIL) with Delhi High Court on this.

Please give your views and suggestions 🙏

[Tax Guru @taxguru_in]

ITAT Mumbai in Adhi Ganesh Mandir Charitable Trust: Even if Sec 11 exemption is denied for lack of 12A/12AB registration, AO can’t tax gross receipts. Only net income after allowing legitimate expenditure is taxable. Matter remanded to recompute income. Appeal partly allowed. https://t.co/Q87igNIO8q

[PRADEEP GOYAL @GoyalPradeepCA]

DEAR PROFESSIONAL FRIENDS, KEEP READING AND YOURSELF UPDATED. READ FEW JUDGEMENTS DAILY. HOW THIS HELP WILL TELL YOU.

Recently got an assignment for renewal of 12A & 80G registration renewal of big trust running Hospital and medical university in Gaziabad. Receipts around 800 crores and 100% application towards charitable activities. To support the institutions, trust formed various related entities as support centers like food & beverages company for running mess and canteen inside Hospital and university premises. Farmacy company for supplying medicines and so on.

During hearing PCIT examined related party transactions in details and was not satisfied with few transactions, so show caused for rejection.

I never had experience of trust related taxation work. So start examining judgements related to procedure u/s 12AB. What I found that at approval stage PCIT has only powers to examine genuineness of activities of trust not more than that. Checking applications of funds is in exclusive domain of assessing officers during assessment. Once genuineness of trust charitable activities established, PCIT can't reject approval. Its a established law.

After reading detailed submissions and attached judgements, he agreed to grant approval on merits, therefore granted.

PLEASE KEEP READING JUDGEMENTS ALONGWITH STATUTORY PROVISIONS. DO THIS 6 MONTHS, THANK ME LATER.

[PRADEEP GOYAL @GoyalPradeepCA]

Dear professional colleagues.
Sharing practical experience. In case your client receives any notice from income tax department like section 143(2) for assessment, section 148 for reassessment or 153C for search matters, always read the notices carefully first, analyze it, check DIN number at ITBA if valid or not, read what safeguards are in the provisions, what kind of satisfaction and approval is required , demand copy of approval and satisfaction notes along with RUDs. Check the timeline of notice for limitation period.
Once you check all this than only turn towards merits of the case. Don't directly jump in facts.

Believe me you will feel the difference in your working style.

[CA kanagaraj shanmugam @sk_cbe]

@cadeepakgupta_ [email protected]

[CA kanagaraj shanmugam @sk_cbe]

@CAHimankSingla @IncomeTaxIndia Sometimes 11.59PM is the deadline

[CA Himank Singla @CAHimankSingla]

Repeat after me and RT.

ABOLISH TAX ON DIVIDENDS RECEIVED

ABOLISH LTCG TAX ON INVESTMENTS

ABOLISH TAX ON SAVING ACCOUNT AND DEPOSITS' INTEREST UPTO CERTAIN THRESHOLD

This should be the major announcement in #Budget2026 🙏

[Dr. Praveen @DrPraveenwrites]

I support Annamalai on his natural cancer cure campaign! @annamalai_k

Even though my core expertise is minimal invasive cardiovascular surgery and interventional cardiology, I have spent nearly a decade on multiple aspects of healthy living and disease prevention especially around oncology (cancer science).

Based on my understanding of modern science and wellness, cancer cells thrive in an acidic environment, and such an environment is either accelerated or decelerated based on the food we consume. Acidic foods (Pranic negative according to ancient Ayurvedic science) will create an ambience for cancerous cells to generate, survive, thrive, grow and then consume normal cells.

Today’s culinary culture has become extremely unjustifiable where the processed food, drinks and artificial supplements people consume translate to creating an acidic environment in the human body. If you throw in alcohol, smoking, drugs etc, things get from bad to worse to a point of no return. No one knows about alkaline food (Pranic positive) to balance it out either.

Fasting has proven to be temporary and to some extent a permanent cure for several conditions like diabetes, dementia, irritable bowel syndrome, obesity, insomnia, and even blood cancer. This is precisely why fasting has been an integral part of Hindu culture. The Sashti fast is the cornerstone of Satvic spiritual philosophy.

But I’d like to say just one thing. The problem with folks is not the message (fasting) but the messenger (Annamalai). Had this been said by a medical expert, everyone may have been fine with it. Sometimes hatred for the person can make one’s analytical thinking take a pounding.

Annamalai is not medically qualified and hence his choice of words and his way of describing the disease and the natural cure may have been obscure. But the crux is that the core message delivered is scientifically correct! @annamalai_k

Sharing some links that maybe worthwhile taking a look if not reading for the unscientific minds!

https://t.co/G6FGwGT0yz

https://t.co/CeEjWCJIMq
https://t.co/ugszseHj9m

https://t.co/7DelKxcIxx

I stand with Annamalai on this! @annamalai_k

[CA kanagaraj shanmugam @sk_cbe]

https://t.co/aUt9DWr4Hs

[CA Rajendra Sharma @carajendra89]

Retweet For Support

Last Date is 31.12.2025 For These below Deadlines

1) ROC Due Date - Portal not working

2) IT Revised Return Due Date - Orignal ITR not processed, So Revised cannot file

3) Foreign Assets - Even Taxpayer dont know details of ESOP/Stock, Hence not possible to Update

4) GSTR 9/9C - Not yet done due to Date Extend of ITR / Tax Audit, Very less time

अब होना यही है, की असल में कोई भी काम पूरा नहीं होगा और सरकार को पेनल्टी के नाम पर खूब पैसा मिलेगा

[RajeIyer @RajeswariAiyer]

Kanakabhishekham of Mahaperiyava- For which i got an opportunity to witness the divine.
I was in school - a teenager, was just studying for my forth coming exams. My chitti & chittappa, asked me to get ready to go to Kanchipuram. With half heart - I followed them. I never knew I m one in a privileged few in this world - who could witness this maha celebration. I still goose bumps when I remember the incident and the moments of glimpse of Mahaperiyava.....

[Annapurna Pillai - BJP Tamilnadu @AnnapurnaPillai]

இதுதான் பாஜக 🚩

திருவனந்தபுரம் மாநகராட்சியின் துணை மேயர் அஷாநாத், பட்டியலின சமூகத்தைச் சேர்ந்தவராக இருந்தாலும், பாஜக அவரை பொதுப் பிரிவு வார்டில் இருந்து வெற்றி பெற செய்துள்ளது. அறிவாலய அடிமைகள் அறிந்துகொள்க....

[CA Ruchita Vaghani @R_N_Vaghani]

Dearn @nsitharaman ji

There are 3 due dates on same day i.e. 31st December

1. MCA Annual Filling
2. Revised & Belated Return
3. GSTR-9 & 9C

In This busy Filling Season
1. MCA Portal is Not Functioning Properly
2. Insufficient Time given for Revised & Belated Return and GSTR-9 & 9C

Kindly Extend:
1. MCA Annual Filling - 31st January
2. GSTR -9 & 9C - 28th February
3.Revised & Belated ITR - 31st March

[Parth Malankiya @parthnmalankiya]

Extension of This Due Dates is Need of the Hour

1. MCA Annual Filling
2. Revised & Belated Returns
3. GSTR-9 & 9C

Dear @MCA21India @IncomeTaxIndia & @cbic_india
Kindly Extend This Due dates

Thank You.