Sarban jha & Co

17/07/2026

GENTLE REMINDER FOR INCOME TAX RETURN FILING

04/11/2025

03/09/2025

GST REFORMS

19/07/2025

Awareness✍️
अगर आपने A.Y 25-26 का अपना ITR कहीं file करवा लिया हैं तो एक बार अपना AIS जरूर check कर लें या चेक करवा ले। क्योंकि जानकारी के अभाव में बहुत लोग गलत ITR फार्म फाईल किये जा रहे हैं। हो सकता हैं कि आपके लिए ITR-2 या ITR-3 applicable हो पर आपका रिटर्ण ITR-1 या ITR-4 में फाईल कर दिया गया हैं।
ऐसे मे़ नोटिस आने के chances बहुत ज्यादा होंगे।

ध्यान रखें अब ITR बहुत ही सावधानीपूर्वक फाईल करवाएं। इधर उधर कहीं भी जाके ITR फाईल करवा लेना और खुद को सेफ समझना आपकी बहुत बड़ी भूल होगी। अब पहले वाली बात नहीं हैं आपके PAN से लिंक जितने भी income हैं सारा ब्यौरा government के पास रहती हैं‌। तो अपना रिटर्ण किसी CA या अच्छे टैक्स expert के पास हीं जाके करवाए।

ITR-2 और ITR-3 की भी फाइलिंग अब शुरू होने वाली हैं ITR-1 और ITR-4 तो हो ही रही हैं
तो अब आप सब अपना डेटा शेयर कर सकते हैं ताकि ससमय आपका रिटर्ण तैयार करवा सकूं।

CA Sarban Kumar Jha
📞 8250742916

18/06/2025

ITR FILING FOR FY 24-25 STARTED.

01/05/2025

*Here is a detailed analysis of the prima-facie changes in the ITR forms for AY 2025–26 as compared to AY 2024–25.*

*ITR-1 (SAHAJ)*

✅ Now allowed to be used even if there is long-term capital gain (LTCG) under section 112A, provided:
➡️The LTCG does not exceed ₹1.25 lakh, and
➡️ There is no loss to be carried forward or set off under the capital gains head .
✅ Until AY 2024-25, ITR-1 couldn’t be used at all if any capital gains existed.

*ITR-4 (SUGAM)*

✅ Similar provision as above included.
✅ Permits LTCG under section 112A up to ₹1.25 lakh with no carried forward loss

*ITR-1 & ITR-4*
✅ Expanded disclosure on opting out of new tax regime using Form 10-IEA under section 115BAC(6):
✅ If opted out in AY 2024–25, user must declare and optionally continue or reverse that decision.
✅ If opting out for the first time in AY 2025–26, they must provide Form 10-IEA acknowledgment details.
✅ Additional clarification for late filing of Form 10-IEA.

*ITR-1 & ITR-4*
✅ All deductions (e.g., 80C to 80U) must now be selected from a drop-down in the e-filing utility. Specific clauses and sub-sections must be disclosed.
✅ Income under section 89A (retirement accounts maintained abroad) has enhanced fields and relief tracking  .

*ITR-4*
✅ Section 44AD (business): Turnover threshold is now ₹3 crore if digital transactions make up ≥95%.
✅ Section 44ADA (professionals): Limit enhanced to ₹75 lakh under the same digital receipts condition .

*ITR-1 & ITR-4*
✅ All bank accounts held in India during the previous year must be reported (excluding dormant accounts).
✅ At least one account must be selected for refund credit.

Connect on WhatsApp/call 8250742916

31/03/2025

Thank you 😊

22/06/2024

Key Recommendations made by 53rd GST council meeting held today -

1. Waiver of Interest and Penalty on demand notices issued under section 73 for FY 17-18, 18-19, 19-20. (Applicable in cases where tax is paid entirely by March 2025)

2. The time limit to avail input tax credit in respect of any invoice or debit note under section 16(4) of the CGST Act filed up to 30-11-2021 for the Financial Years 2017-18, 2018-19, 2019-20, and 2020-21 may be deemed to be 30-11-2021.

So, the recent decision of Kerala High Court order has been accepted by the GST Council and applied to all taxpayers.

3. ⁠Monetary limit for filing appeal by tax dept. of 20 lakh for GSTAT, 1 Cr for HC and 2 Cr for SC.

4. ⁠Max amount of Pre Deposit for filing appeal before appellate authority reduced from 25 cr to 20 cr each for CGST and SGST.

5. ⁠Pre-Deposit for filing appeal before tribunal reduced to 20% and 20 cr each for cgst and sgst.

6. ⁠Amendment in law for providing that time limit for filing appeal before tribunal will start from the date government notifies GSTAT.

7. ⁠Extension of time limit to file GSTR-4 till 30 June.

8. ⁠Interest won’t be charged for amount available in cash ledger at time of filing 3B.

9. Iinsertion of new Form GSTR 1A to allow correction in GSTR 1. It will be allowed to file it before filing 3B.

10. ⁠Bio metric based Aadhar authentication on PAN India basis in a phased manner.

11. ⁠Clarification issued on various topics. Few of them are:

⏩12% tax rate for milk can;
⏩uniform GST rate of 12% on all carton boxes;
⏩clarification on all types of sprinklers will attract 12% and past practice to be as is;
⏩12% rate on all solar cases;
⏩Services by railways, platform ticket, other services are exempt;
⏩service of hostel accommodation outside of educational institutions made exempt with conditions.

24/11/2023

ICAI launches its new logo at GLOPAC today at Ahmedabad.