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efiletax
@efiletax.bsky.social
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efileta𝕏 Your one-stop solution for GST, ITR, ROC & more. We simplify tax, legal & corporate compliance for businesses & individuals across India. 🤳9696160160
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Closed your bank account after filing ITR? Just update the new account on the e-filing portal to get your refund reissued instantly.
GST 2.0 and festive demand have shifted India’s auto market into top gear — record bookings, stronger consumption, and renewed momentum for manufacturing.
Breaking: CBDT under fire for ignoring Gujarat HC's ITR extension order! Punjab HC calls it "contempt" today—notification promised by tomorrow? Taxpayers & CAs deserve better amid portal glitches. Time for reforms!
#CBDT #ITRExtension #TaxAudit
Record ₹5.4 lakh crore Diwali sales this year — GST reforms and digital payments made it possible. But bigger collections mean stricter scrutiny too. Here’s what every business owner should note before next season.
Gold fell 8% in two days — the biggest slide in a decade.
But while everyone watched the crash, few noticed the real risk: digital gold pricing gaps + unregulated trades.
For investors, dips are data — not drama.
🪔 Wishing you a bright and prosperous Deepavali!

May your life be filled with light, joy, and success.

Happy Deepavali from Team EFILETAX! ✨

#HappyDiwali #Deepavali2025
🚨 CBIC extends GSTR-3B due date!
👉 For September 2025 & Q2 (Jul–Sep 2025): new deadline = 25 Oct 2025.
Not all hostels are tax-free!
Only residential dwellings qualify — hotel-style PGs attract 12–18% GST after July 2022.
The cess meant to end in 2022 still fuels State coffers — but drains dealer margins.
FADA’s Supreme Court plea could finally test if GST is truly “one nation, one tax.”
Why IT companies face GST pain even within their own group.
Cross-charge vs ISD, valuation rules — still a compliance maze in 2025.
GST rate cut isn’t just a policy tweak — it’s reshaping India’s auto supply chain.
Margins up, MSMEs reviving, orders surging — and that’s just month one.
Over ₹1.9 lakh crore of Indians’ hard-earned money lies unclaimed — from bank deposits to EPF.
Check UDGAM, UMANG & IEPF today.
Your forgotten investments might still be earning interest — just not for you.
Flipkart’s GST case shows one truth: even big brands can slip on tax tech.
The takeaway? Your contracts and RCM setup matter more than ever — especially if you use multiple vendors or delivery partners.
GST portal just made life simpler for credit note disputes.
Now you can keep CNs pending for a period, declare exact ITC reversal, and even add remarks — ending the “full reversal” confusion for good.

Business-friendly move that plugs years of reconciliation pain.
The paper industry’s GST story is one of chaos and cash flow pain. A uniform 12% rate and faster ITC refunds could turn compliance into competitiveness.
Zepto just raised $450M at a $7B valuation, led by CalPERS — marking one of India’s biggest pre-IPO rounds in 2025.
With $900M cash in hand and profitability within reach, Zepto’s next stop looks like Dalal Street.
MCA gives companies breathing space — annual return & financial statement filings for FY 24-25 extended till 31 Dec 2025, no extra fees.
LLPs & ADT-1 not covered; AGM timelines remain firm.
Four GST rulings you should bookmark —
Courts reaffirmed fair hearing, clarified due-date interpretation, and excluded secondment from GST scope.
Even clerical GSTR-1 mistakes can be corrected when no bad intent is found.
GSTR-3B due date for September 2025 pushed to 20 October.
No late fee till then, but interest kicks in after.
Plan your ITC reconciliation early — missing Sept invoices can’t be claimed later.
Four GST rulings you should bookmark —
Courts reaffirmed fair hearing, clarified due-date interpretation, and excluded secondment from GST scope.
Even clerical GSTR-1 mistakes can be corrected when no bad intent is found.
Registering an MSME is now 100% online — no documents, no middlemen.
Here’s a 10-step visual guide to get your Udyam Certificate in minutes.
Key tip: Keep your Aadhaar, PAN & GST linked before you start.
Plant-based milk is taxed like cola, not cow milk. The industry wants GST at 5%, calling it a healthy essential. The Council’s upcoming decision could shape India’s sustainable food taxation.
Bombay HC clarifies: GST filings are confidential commercial documents, not public data under RTI.
This protects business privacy but limits RTI reach on tax transparency.
Gold loan not for everyone anymore.
RBI now wants income proof, PAN traceability, and digital repayment for all pledges.
If you’re an NBFC or borrower, check compliance before disbursement — penalties kick in FY 2025-26.
Bombay HC just paused the 18% GST on hotel restaurants.
For now — diners pay 5%, but hotels must keep dual billing ready.
If you handle restaurant GST, this interim relief changes how you file Oct GSTR-3B.