Articles by CA Shivam Gupta on taxation, compliance and professional topics. Please read each article with reference to its original date.
30 September 2026
No TAN Needed to Buy Property from an NRI from 1 October 2026: Complete Guide to CBDT Notification 121/2026, Form 141 Schedule E & Circular 07/2026
By CA Shivam Gupta | Published: September 30, 2026 EXECUTIVE SUMMARY Purchasing immovable property from a Non-Resident Indian (NRI) has historically represented one of the most operationally burdensome tax compliance…
Read article26 September 2026
Tax Audit 2026 Crisis Reaches Parliament & High Court
Tax Audit 2026 Crisis Reaches Parliament & High Court: Extension Demands Peak & ITAT Delhi Delivers Vital Foreign Tax Credit Relief By CA Shivam Gupta | Published: September 26,…
Read article1 February 2026
Budget 2026 – Changes in Income Tax
Budget 2026: Important Tax Proposals 1. Failure to furnish audit report shall now invite mandatory fee of ₹75000/- for delay up to one month and Rs. 1.5 lacs thereafter. It…
Read article30 January 2025
Expected Changes in Income Tax and GST from the Indian Budget 2025
Background :- The Union Budget 2025, which is set to be presented by Finance Minister Nirmala Sitharaman on February 1, 2025, is highly anticipated, as it will address the…
Read article9 September 2024
GST council Meeting outcomes summary
🌺 *Summary of Outcomes from the 54th GST Council.* 🍎 *1. Rates Reduced* 👉 *1.1 Namkeens* and Extruded/Expanded Savoury Food Products: GST rate reduced *from 18% to 12%* for…
Read article22 March 2024
THINGS TO DO BEFORE 31st MARCH 2024
Financial Year 2023-2024 is about to close Let's see Things to Do Before 31st March 2024:- Basic checklist for 31st March, 2024. Income Tax: 1. Make necessary investments eligible for…
Read article3 June 2023
Artificial Intelligence Systems :- Revolutionizing the Future
Introduction: Artificial Intelligence (AI) systems have emerged as a transformative force, revolutionizing various sectors and reshaping the way we live, work, and interact. These intelligent systems have the ability…
Read article3 June 2023
E-INVOICE UNDER GST
The Rise of E-Invoicing: Streamlining Business Transactions Introduction In today's digital era, businesses are constantly seeking ways to enhance efficiency and optimize their operations. One significant development that has…
Read article3 June 2023
RECENT CHANGES IN INCOME TAX
Income Tax Changes From April 1, 2023 1) New income tax regime to be default regime-Starting with the upcoming financial year 2023-24 which begins on April 1, 2023,…
Read article3 June 2023
50 Transactions to be reported in New Annual Information Statement (AIS)
The Income Tax Department has announced the roll-out of a new statement namely Annual Information Statement (AIS) which would provide you with almost all details about your financial transactions during…
Read article19 May 2023
All about Rs 2000 note Notification From RBI
Here are answers to FAQs shared by the RBI: 1. Why are the Rs 2,000 denomination banknotes being withdrawn? The Rs 2000 denomination banknote was introduced in November 2016 under…
Read article1 November 2021
Have you checked AIS & TIS Before Filing your Income Tax Return?
Have you filed your Income Tax Return for FY 2020-21 (AY 2021-22) Yet? If Yes, then had you checked your AIS (Annual Information Statement) & TIS (Taxpayer Information Summary) before…
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