Abhinandan Rai CA

GST PORTAL MAJOR UPDATE: Additional Notices & Orders Tab has now been merged with Notices and orders Tab on GST Portal.

Also, Hyperlink to view Notices has been provided in Dashboard.

Happy New Year 2026

Attention Stakeholders!

Please be informed that the View Public Documents (VPD) service will be unavailable from 19th December 2025, 10:00 AM to 6:00 PM, until 31st December 2025 through the website.

However, the service will remain accessible via the "MCA India" Mobile App during this period.

Kindly plan your activities accordingly.

Income Tax Department clarification on recent messages or mails to taxpayer

Some references have come to the notice of the Income Tax Department regarding recent communication sent to taxpayers pertaining to transaction(s) made by them.

Taxpayers may please note that such communication is to facilitate the taxpayers & make them aware of the information available with the ITD regarding the transactions reported by the Reporting Entities during the year.

The communication is just an advisory sent in only those cases where there is an apparent significant gap between disclosures in the ITR & information as received from the Reporting Entities.

The objective of the communication is to provide an opportunity to taxpayers for voluntary correction by reviewing their AIS & facilitate them to provide their feedback online on the Compliance Portal of Income Tax Department &, if necessary, revise their Returns already filed OR to file the belated Return if not filed, so far.

The last date for revising or filing belated return for AY 2025-26 is 31st December 2025. Taxpayers are requested to respond promptly via Compliance Portal if discrepancies exist or ignore if your filing is correct.

Awareness : Foreign Assets Disclosure - ITR AY 2025-26

Income-Tax Department has started issuing intimations/notices today evening for non-disclosure of Foreign Assets in ITRs, particularly to salaried assessees who have received shares/RSUs/ESOPs from MNC employers (including bonus shares) and also to people who hold bank accounts in foreign countries.

🔹 Data has been received from foreign jurisdictions.
🔹 In such cases, Schedule FA not filled in original ITR.
🔹 Revision of ITR is required on or before 31st December

Important Update on Small Company Status.

Please note that the Small Company flag is validated at the time of filing and is updated only after the approval of Form AOC-4.

🔹 To implement a change in the company’s status during the year—becoming a Small Company or Holding, or Subsidiary Company—please ensure to file Form AOC-4 first so that the status is updated in the system.

🔹 After the approval of AOC-4, you may proceed with filing Form MGT-7 or MGT-7A, as applicable.

Filing the forms in the correct sequence ensures accurate validation and a smooth filing experience.

Dear Sanjeev Kumar Yadav Thank you for your interest in our page. We are committed to keeping you updated on the latest developments in GST, Income Tax, and other areas....

CBDT has launched a nationwide action against intermediaries and syndicates involved in filing income tax returns with bogus donation deductions and exemptions.

Data analytics flagged over 2 lakh taxpayers who claimed suspicious deductions of nearly Rs 11,000 crore through fake or non existent RUPPs and charitable organisations.

Around 54,000 taxpayers have already revised their returns, withdrawing ineligible claims worth Rs 1,400 crore. The probe exposed organised networks of agents, misuse of CSR linked trusts, fake donation receipts, and promotion of guaranteed refunds through social media, cinema ads, and messaging platforms.

Dear Ankur Maurya Thank you for your interest in our page. We are committed to keeping you updated on the latest developments in GST, Income Tax, and other areas....

UDIN Portal on ICAI DigiCA Platform goes live on 21 Dec'25. Portal unavailable for 24hrs from midnight 19 Dec'25. Pl generate UDIN in advance.

Rg UDIN Dir. ICAI

https://youtu.be/Yubk6JYkMvA?si=6VcwfdinfLgfpWtv

Delay in Income Tax Refund || Status of Income Tax Return Processing || FY 2024-25 || AY 2025-26 || Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

Due date extension for 1 days.... ITR FY 2024-25