"1. Central Council Member of ICAI. 2. Vice-Chairman of WIRC of ICAI for the period 2015-2021. 3. Youngest Chairman of Aurangabad Branch of WIRC of ICAI in 2002. 4. Author of Popular Tax articles series based on Krishna and Arjuna conversation i.e “KARNEETI” published in Lokmat on every Monday. Till date 500 weekly articles have been published in Marathi and English. The same series is hugely popular on CACLUBINIDA, TAX GURU, and YouTube. 5. Two books on Karneeti were published for Income Tax and GST for a common man in a simple way. 6. Best Paper writer in RRC of the year 2013 by STPAM. 7. Lecturer for GST Subject for Diploma in Taxation Course of M. P. Law College, Aurangabad. 8. Regular speaker at WIRC and Various Branches of ICAI on GST. 9. Chief Editor and Main compiler of “MVAT AUDIT MANUAL” published by Tax Practitioners Association, Aurangabad. 10. Contributor for the revised and updated edition of “A Guide to MVAT Audit” and “Background material on GST” published by WIRC of ICAI. 11. Author of Book published on “GST CHA SAMPURNA KAIDA MARATHIT ” i.e. Introduction of GST Law in a simple way in the Marathi Language by the hands of honorable CM of Maharashtra State Mr. Devendra Fadnavis."
Budget 2025 has brought significant simplification in the tax treatment of house properties, particularly for self-occupied properties. Earlier, if you owned more than one house, certain restrictions applied regarding how they were taxed, which often resulted in unnecessary tax liability. However, these have now been relaxed, bringing much-needed relief to homeowners.
Learn how preparing a budget—whether personal, business, or government—ensures financial stability and discipline in daily life and planning.
The recent GST notifications introduce various changes aimed at streamlining compliance and addressing specific sectors. Let’s break down the key important notifications point by point.
Gujarat High Court rules that the assignment of leasehold rights is not subject to GST, providing relief to taxpayers by clarifying it as a property transfer.
The 55th GST Council Meeting introduced changes in GST rates, compliance mechanisms, and exemptions for businesses, including new definitions and tax amendments.
Meet December 2024 deadlines for belated ITR & GSTR 9/9C to avoid penalties and interest. Ensure timely filing to claim refunds and avoid late fees.
Arjuna (Fictional Character): Krishna, I recently heard about a case where rebate under Section 87A was allowed on short-term capital gains. Krishna (Fictional Character): Yes, Arjuna. It’s a noteworthy Beena Manishbhai Fofaria V/s CIT(Appeals) case that clarifies the application of Section 87A, especially after the amendments brought by the Finance Act, 2023. This ruling is […]
Arjuna: Krishna, I heard there’s a new Invoice Management System (IMS) on the GST portal. What’s it all about? It sounds complicated. Krishna: Arjuna, IMS is indeed a fresh addition, introduced in October 2024, but it’s quite beneficial if understood well. IMS allows recipient taxpayers to take various actions like accept, reject, or keep invoices […]
Learn about the planned overhaul of India’s Income Tax Act 1961, set to simplify and modernize tax laws by 2025, aiming for clarity, reduced litigation, and ease of compliance.
Explore the latest GST updates this Diwali, including amnesty schemes, new provisions, and compliance measures to help taxpayers celebrate responsibly.
