Taxation Updates (Mayur J Sondagar)(@TaxationUpdates) 's Twitter Profileg
Taxation Updates (Mayur J Sondagar)

@TaxationUpdates

CA | Tweets are personal | Retweet ≠ endorsement 🇮🇳🇮🇳🇮🇳

ID:1151530035192328192

linkhttps://whatsapp.com/channel/0029Va52NFa1SWt3oyF1Hk1g calendar_today17-07-2019 16:32:09

6,7K Tweets

75,1K Followers

269 Following

Bombay Chartered Accountants' Society(BCAS)(@bcasglobal) 's Twitter Profile Photo

Dive Deep into LLP Taxation: Upcoming Study Circle Sessions!

Calling all BCAS members!

The Direct Tax Laws Study Circle is hosting an informative session:

🗓 Tuesday, April 30th, 2024 (5:30 PM - 7:00 PM): Taxation of LLPs (Led by CA Chirag Wadhwa)

(1/2)

Dive Deep into LLP Taxation: Upcoming Study Circle Sessions! Calling all BCAS members! The Direct Tax Laws Study Circle is hosting an informative session: 🗓 Tuesday, April 30th, 2024 (5:30 PM - 7:00 PM): Taxation of LLPs (Led by CA Chirag Wadhwa) (1/2)
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Taxation Updates (Mayur J Sondagar)(@TaxationUpdates) 's Twitter Profile Photo

National Conference on Capital Market by WIRC of ICAI

May 3rd - May 4th, 2024
10.00 AM - 6.00 PM
Terapanth Bhavan, Thakur Complex, Kandivali East

Registration Link and More Details
wirc-icai.org/members/member…

Institute of Chartered Accountants of India - ICAI CA Ranjeet K Agarwal🇮🇳

National Conference on Capital Market by @wirc_icai May 3rd - May 4th, 2024 10.00 AM - 6.00 PM Terapanth Bhavan, Thakur Complex, Kandivali East Registration Link and More Details wirc-icai.org/members/member… @theicai @CaRANJEET
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Taxation Updates (Mayur J Sondagar)(@TaxationUpdates) 's Twitter Profile Photo

GSTN is pleased to inform that an enhanced version of the GST portal would be launched on 3rd May 2024.
GST Tech
Key Enhancements Screenshots 👇👇👇

GSTN is pleased to inform that an enhanced version of the GST portal would be launched on 3rd May 2024. @Infosys_GSTN Key Enhancements Screenshots 👇👇👇
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Taxation Updates (Mayur J Sondagar)(@TaxationUpdates) 's Twitter Profile Photo

Individual (Resident or Non-Resident) less than 60 years of age having Gross Total Income from Rs.2,50,001 to Rs.7,00,000

Myth: He thinks he is not required to file ITR as No TDS was deducted

Fact: Even though TDS was not deducted but as his Income exceeds the basic exemption…

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Taxation Updates (Mayur J Sondagar)(@TaxationUpdates) 's Twitter Profile Photo

Big Relief / one more chance for Aadhaar-PAN Not Linked Deductees

For transactions entered up to 31/03/2024, TDS Shall not be deducted at higher rate u/s 206AA/206CC if PAN become operative through linking with Aadhaar on or before 31/05/2024.

Many Deductor/Collector have short…

Big Relief / one more chance for Aadhaar-PAN Not Linked Deductees For transactions entered up to 31/03/2024, TDS Shall not be deducted at higher rate u/s 206AA/206CC if PAN become operative through linking with Aadhaar on or before 31/05/2024. Many Deductor/Collector have short…
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Taxation Updates (Mayur J Sondagar)(@TaxationUpdates) 's Twitter Profile Photo

Suggest some good configuration for server system

Current Suggestion as per quotation
▪️i5 8th Gen
▪️8GM Ram
▪️512 GB SSD Hard disk
▪️4TB Regular Hard disk
▪️24' Screen with VGA & HDMI

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Aditya Sinhal(@sinhaladitya) 's Twitter Profile Photo

Tracing footprints 🐾of CBIC updates on 🌟E- Invoicing🌟 since inception.

*GSTN/NIC advisory* were equally important to follow.
[for information about R1 auto-population, HSN code requirements, Exemption Declaration, Time-limits to generate, Enablement dates, etc]

Tracing footprints 🐾of @cbic_india updates on 🌟E- Invoicing🌟 since inception. *GSTN/NIC advisory* were equally important to follow. [for information about R1 auto-population, HSN code requirements, Exemption Declaration, Time-limits to generate, Enablement dates, etc]
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Taxation Updates (Mayur J Sondagar)(@TaxationUpdates) 's Twitter Profile Photo

PAN Allotment Statistics up to 31.03.2024

👉Total PAN Card holders as on 31/03/2024 : 74,67,20,403

👉Individuals holds 97.97% PAN Card out of Total PAN Cards

👉Up to 31.03.2024 total 60,51,91,436 PANs have been linked with the Aadhaar.

Source Income Tax India

PAN Allotment Statistics up to 31.03.2024 👉Total PAN Card holders as on 31/03/2024 : 74,67,20,403 👉Individuals holds 97.97% PAN Card out of Total PAN Cards 👉Up to 31.03.2024 total 60,51,91,436 PANs have been linked with the Aadhaar. Source @IncomeTaxIndia
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Taxation Updates (Mayur J Sondagar)(@TaxationUpdates) 's Twitter Profile Photo

Big Question: What is the Importance of Financial and Tax Literacy?

As of today out of total PAN holders 11.10 % PAN Card holders filing Income Tax Return

If the ITR filing count increases then automatically the revenue of the government will increase and it will help in the…

Big Question: What is the Importance of Financial and Tax Literacy? As of today out of total PAN holders 11.10 % PAN Card holders filing Income Tax Return If the ITR filing count increases then automatically the revenue of the government will increase and it will help in the…
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Taxation Updates (Mayur J Sondagar)(@TaxationUpdates) 's Twitter Profile Photo

100 KB is too small

Please increase the attachment size of Documents in GST Registration for 'Electricity Bill' & 'Consent Letter'

Difficult to scan the clear and visible copy along with PAN of Owner in just 100 KB size

Kindly add PAN Card and Aadhaar Card attachment field in…

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Taxation Updates (Mayur J Sondagar)(@TaxationUpdates) 's Twitter Profile Photo

Basic Amount : 2,00,000/-
Add: GST @ 18% : 36,000/-
Invoice Value : 2,36,000/-
Less: TDS @ 10% : 20,000/-
Net Payable : 2,16,000/-

If not complied with section 43B(h) then what amount will be disallowed as expenses?

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