Gujarat HC ruling that 148A notices cannot rely only on GST inputs; AO must verify Insight Portal data and conduct independent inquiry before action.

Gujarat HC Stops Blind 148A Notices: IT Dept Must Verify Before Acting.

#efiletax #incometax #tax #highcourt

SQC-1 vs SQM-1 differences and mandatory 2026 requirements for Indian audit firms, including risks, RCA, governance, monitoring, and timelines.

SQC-1 Is Out. SQM-1 Is In. Here’s What Every Audit Firm MUST Fix Before 2026.

#efiletax

The latest AY 2025-26 TDS refund updates—including AI scrutiny of high-value cases, release of low-value refunds, revised ITR advice, expected timelines, taxpayer actions, and interest eligibility.

TDS refund delayed? Don’t panic—here’s the latest update and what you should do 👇

#tax #incometax #efiletax

Major reforms introduced in the Income Tax Act 2025, including structural simplification, new tax year concept, updated definitions, NPO consolidation, TDS/TCS tables, salary restructuring, exemptions, business taxation, digital asset coverage and the new Dispute Resolution Committee.

The Income Tax Act 2025 is India’s biggest tax overhaul in 63 years.

#efiletax #tax #incometax

India Today’s analysis of how GST 2.0 is boosting consumption and its potential impact on Sensex and Nifty, highlighting sector benefits, earnings outlook, global risks and investor implications.

GST 2.0 is making things cheaper → people are buying more 💸
But can this momentum lift the stock market too?

#gst #tax #efiletax

Data table detailing Stellantis India's updated outlook: expecting over 5% PV industry growth due to GST 2.0 reforms, leading to a 10% competitiveness gain for Jeep and an aggressive retail network expansion for Citroën, aiming for 2,000 monthly sales.

Here is a slightly expanded summary table featuring five key points for a concise social media update,

#efiletax #tax #gst #services

🚨 LAST DAY ALERT! 🚨
Today is the final call to file your Income Tax Return (ITR). ⏳

✅ Avoid late fees & penalties
✅ Stay stress-free
✅ Keep your records clean

Don’t wait until it’s too late – file your ITR now efiletax!

#IncomeTax #ITR #LastDay #TaxFiling #efiletax

⏰ Only 2 Days Left!
Don’t wait till the last minute—file your ITR now and avoid:
✅ Stressful last-hour rush
✅ Portal slowdowns
✅ Heavy late fees

👉 File today with efiletax and breathe easy before the deadline.

#IncomeTax #ITRfiling #TaxDeadline #efiletax

🚨 UPDATE for Taxpayers!
The Income Tax portal now allows ITR-U filing for AY 2021-22 & 2022-23
✅ Only for ITR-1 & ITR-2
Under Section 139(8A) – Updated Return

📌 If you missed filing earlier, now’s your chance to come clean — without prosecution!
⏳ File before time runs out. #efiletax #incometax

📢 GST Rule 10A Alert

After GST registration, you have 30 days to furnish your bank account details…

⏳ Or BEFORE filing GSTR-1 / using IFF — whichever is earlier!

🛑 Don’t delay — non-compliance may lead to suspension.

#GSTRegistration #GSTR1 #efiletax

ITR 2025 now requires detailed breakup for deductions under 80C, HRA, insurance, and loans. Data cross-verified via PAN, Aadhaar, and Vahan.

🧾 New ITR Forms = Stricter Checks
Filing under the old tax regime?
Your HRA, 80C, 80D, and loan claims will now be auto-verified using PAN-Aadhaar links.

❌ No more lump-sum entries
✅ Real-time mismatch alerts

📊 Details👇
#ITR #IncomeTax #efiletax #OldRegime

🚨 Official Now!
CBDT issues Circular No. 06/2025 — ITR due date for AY 2025-26 is extended to 15th September 2025.

📄 Under Section 119 of the Income-tax Act, 1961

#ITR2025 #CBDT #IncomeTax #efiletax

Table summarizing CBDT’s ITR filing extension from 31 July to 15 September 2025 due to ITR changes, utility rollout, and TDS delays.

🚨 ITR filing due date extended!

📅 Old: 31 July 2025
📅 New 15 September 2025

Why?
✔ Major ITR form changes
✔ Utility rollout delays
✔ TDS credits reflect in June

🗂️ Applies to all ITRs due by 31st July
📄CBDT Press Release – 27 May 2025
#IncomeTax #ITR2025 #efiletax

Table showing why ITR filing is required even if you have a GST number, with 10 common scenarios and their implications.

Got a GST number? That doesn’t mean you're exempt from filing ITR!

If you're earning or just filing GST returns, ITR filing may be compulsory — or just smart.
Here’s when you must or should file👇
#ITR2025 #GST #efiletax #IncomeTax

Mobile-optimized table summarizing the ED’s FEMA raid on Sree Gokulam Chits, including cash seizure, legal provisions, company background, and possible money laundering angle.

🚨 ED raids Sree Gokulam Chits over FEMA violations worth ₹1,000 Cr+
Cash, documents, & controversies—here’s everything broken down in 1 table 🔍👇
#ED #FEMA #GokulamChits #Efiletax

Breaking: Lenders to initiate wilful defaulter proceedings against former #ILFS directors.

India’s crackdown on high-profile financial misgovernance intensifies. Accountability is catching up. 💼⚖️

#ILFSScam #WilfulDefaulter #Banking #Compliance #Efiletax

Comparison of GST Ledgers in India: 2017 had 3 core ledgers (Cash, Credit, Liability). 2025 adds 3 more (ECRS, RCM, Negative Liability) for improved ITC tracking and reconciliation.

From 3 to 6 Ledgers!
GST in 2017 was just the start.
By 2025, regular taxpayers get:
✔️ RCM tracking
✔️ ITC reversal log
✔️ Negative liability insight
Here’s how the GST ledger system evolved 🔽
#GST #Efiletax #IndiaTax

Single-table summary of monetary limits for Excise and Deputy Commissioners under Haryana GST for issuing SCNs under Sections 73, 74, and 74A. Shows thresholds for State, IGST, and combined amounts.

🚨 New Haryana GST Alert (w.e.f. 1st April 2025)
Which officer can issue a Show Cause Notice under GST?
Here’s a crisp table on new monetary limits for SCNs under Sections 73, 74 & 74A.👇
#GSTUpdate #HaryanaGST #Efiletax

Summary of Gauhati High Court’s view on Section 16(2)(c) of the CGST Act—input tax credit (ITC) cannot be denied to a buyer due to supplier's default. Legal case: WP(C) 5725/2022.

🚨 Massive Win for Buyers!

Gauhati HC rules Section 16(2)(c) can't block ITC if seller defaults on tax.
You paid GST. You deserve credit.
📚 Case: McLeod Russel v. UOI
📊 Here's your visual summary ⬇️

#GST #ITC #Efiletax #TaxLaw #Compliance #CaseAlert

Infographic titled "Udyam Registration Checklist (MSME) – 2025" by efiletax. It lists basic requirements like Aadhaar, PAN, business type, bank details, and turnover estimates. Highlights that no documents are needed—just self-declaration. Mentions benefits such as access to government schemes, loans, and MSME certifications. Footer includes efiletax contact details: phone, email, and website.

🚀 MSME Owners—don’t miss this!

Here’s your quick & clear Udyam Registration Checklist for 2025 ✅
No documents to upload. Just self-declare and unlock benefits like:

Govt schemes

Easy loans

Payment protection

🧾 Save this 👇
#MSME #UdyamRegistration #efiletax

Whether you're a founder, CA, CFO, or startup team—save this. It could save your penalties.

Powered by Efiletax.
For timely reminders, follow us.

#TaxCompliance #GSTR #TDS #ITR #ROC #MCA #efiletax

🚨 Big Relief under GST Amnesty Scheme!
Govt has amended rules just before March 31, 2025. Here's what changed (🧵)
#GSTAmnesty #Efiletax #Section128A

zurl.co/51lWk

A worried man sits with his hand on his face, looking stressed. Text on the image reads: “Missed filing ITR for AY 2023–24? You can STILL file it! Updated Return window open till March 31, 2025. Delay after 1st April = Higher Penalty (50%–70%). Need help? Call us: 9696 160160.” The efiletax logo is displayed at the top right corner.

Missed filing ITR for AY 2023–24?
You can STILL file it. But time’s ticking.

⏳ File by March 31, 2025 under Updated Return
❌ Delay after April = Higher Penalty (50%–70%)

Don’t wait. Save money, stay compliant.

#IncomeTax #ITR #UpdatedReturn #efiletax