Vedanta Solutions Private Limited

समस्त देशवासियों को महाशिवरात्रि के पावन पर्व की हार्दिक शुभकामनाएँ।

हर हर महादेव! 🙏🏽

Non-availability of utilities on time & failure to provide a smooth functioning portal is not just inefficiency but it is unconstitutional too.

🔹 Violates Article 19(1)(g) – Right to practice any profession, trade or business.
🔹 Violates Article 301 – Freedom of trade, commerce & in*******se.

Professionals & taxpayers are being denied their constitutional rights.

Tax Audit - Complete Provision 👇👇👇

Tax on Agriculture Income 👇👇👇

How to De-Link Adhar & Pan 👇👇👇

How To Surrender Pan Card - Complete Guide 👇

Government is not planning to levy GST on UPI transactions exceeding Rs 2000, the Ministry of Finance clarified in Rajya Sabha. "There is no recommendation of levying GST on UPI transactions of over Rs 2000 from the GST Council," said Pankaj Chaudhary, Minister of State of Finance, during Rajya Sabha monsoon session.

CBDT notification extending the income tax filing deadline is not merely about extra time; it signals India's unwavering commitment to advancing a seamless, technology-driven tax ecosystem. Tax filing, which was once a largely manual and time-consuming process, has become more efficient particularly for individual taxpayers. With simplified forms, e-filing platforms, and greater automation, preparing and submitting returns now takes much less time than before.

RBI informed that public sector banks (PSBs) have written-off an aggregate loan amount of Rs 12,08,828 crore, from the financial year 2015-16 to financial year 2024-25 (provisional data),” the Union Minister said.

Kerala High Court in Guruvayur Devaswom Committee vs. ITO upheld the constitutional validity of Section 2(24)(iia) of the Income-tax Act, 1961, introduced by the Finance Act, 1972, which brought “voluntary contributions” received by trusts or institutions created or established wholly or partly for charitable or religious purposes (other than corpus donations) within the ambit of “income.” The Guruvayur temple, a famous shrine with income from extensive properties, government grants, fines, penalties, offerings & contributions, had not been filing returns prior to 1972 as such receipts were not considered taxable income.

Cash Accepting Limit & its Consequences 👇

Capital Gain on Property - Benifit or Burden

Complete Analysis 👇👇👇
Source - Live mint