Top 5 Mistakes to Avoid While Filing Your Income Tax Return in AY 2025–26

 As the due dates for filing Income Tax Returns (#ITRs) for Assessment Year (AY) 2025–26 approach, taxpayers and professionals alike must ensure that returns are filed accurately, timely, and in compliance with the latest regulatory changes. Despite increased awareness and digitization, several common errors continue to recur each year—some of which may lead to notices, penalties, or delayed refunds.

Here are the top five mistakes to avoid while filing your ITR this year:

What are non-compete fees | is GST applicable to professional fees on Non-Compete agreement

Is there GST on non-compete fees?

Is GST applicable on participation fees?

What are non-compete fees?

Is GST applicable to professional fees on Non-Compete agreement 

Let discuss:-

CA को बैठते समय किस ओर मुख करना चाहिए?

 चार्टर्ड अकाउंटेंट (#CA) या कोई भी व्यक्ति जो बौद्धिक कार्य करता है — जैसे अकाउंटिंग, लॉ, टैक्सेशन, फाइनेंस, कंसल्टिंग — उसके लिए उत्तर-पूर्व दिशा (ईशान कोण) का विशेष महत्व है।

क्यों?

What is Faceless Assessment under the Income Tax proceeding |What you should do if you get a 144B / faceless notice

 Section 144B of income Tax Act 1961 provides the statutory framework for faceless (electronic) income-tax assessments — i.e., assessments done through a National Faceless Assessment Centre (NaFAC) and assigned to remote units without any physical, face-to-face interface.

I am givng here Step-by-step flow that is 'what happens and where to look' when for faceless assessment:-

56th GST काउंसिल मीटिंग के सुधार से क्या प्रभाव पड़ेगा

1. सुधार की घोषणा और उद्देश्य

·        GST स्लैब को सिर्फ दो प्रमुख दरों में घटाकर 5% और 18% किया गया।

·        उच्च दर (28%, 12%) को कम कर मुख्य रूप से उपभोक्ता वस्तुओं पर टैक्स कम किया गया।

·   उद्देश्य: टैक्स व्यवस्था सरल बनाना, उपभोक्ता वस्तुओं की कीमतें कम करना, घरेलू मांग बढ़ाना और अर्थव्यवस्था को बढ़ावा देना।