F&O and Intraday Reporting in ITR: Turnover, Losses and Business Income Explained
F&O and intraday reporting in ITR-3 is one of the most confusing areas for taxpayers. Many people trade in shares, intraday, futures…
Read more →GST E-Invoicing Time Limit from 1 April 2026: Goods vs Services Explained
There is a lot of confusion on social media about the GST e-invoicing time limit from 1 April 2026. Many taxpayers are…
Read more →GST Invoice Rules for B2C Sales: When Customer Name, Address and State Details Are Mandatory
GST invoicing for B2C sales often creates confusion, especially when the buyer is an unregistered person. Many businesses are unsure whether they…
Read more →Delayed GST Return Filing Can Lead to Section 74 Penalty: Key Compliance Lesson
GST return filing should not be taken lightly. If a taxpayer delays filing GSTR-3B and also delays payment of tax, the department…
Read more →New Income Tax Rules for Cash Transactions in 2026: Savings Account, Current Account, UPI, FD and Credit Card Limits Explained
Although cash usage has reduced significantly over the last few years, there are still many pockets of the economy where cash transactions…
Read more →GSTR-3B Changes Applicable from February 2026 – Auto Interest Calculation, ITC Set-off Flexibility & Liability Break-up Explained
Main Discussion From the February 2026 return cycle, several important system-driven changes are being activated in GSTR-3B on the GST portal. These…
Read more →GST Treatment of Post-Sale Discounts After Budget 2026 – Section 15 & Credit Note Alignment Explained
Main Discussion Post-sale discounts have long been one of the most litigated areas under GST valuation. The core issue has been whether…
Read more →How Small Businesses in India Manage GST Compliance Effectively: Registration, Returns, Invoicing, Records, and Technology
In India, GST compliance has become a necessary part of running a small business smoothly and legally. Many small and medium businesses…
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