Friends,
Zoom/Physical talk: Tomorrow, 04th Oct,Saturday, 06:30 pm
Subject:on "Intraday Trading Stratergy": by Speaker: Mr.Bhaumik Kantharia
CA Nitin Pathak: nitinmpathak@gmail.com
Mo: 7016637738--------------------------------------------------
Click for Zoom Link below:
Click for You tube presentation on Coming Home to Wellness
👇👇👇
https://youtu.be/HvMpE9nSSiE
Click for You tube presentation on ISRO Growth Engine of India
👇👇👇
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Many more programme available and PPT/You tube on blog: See the details below:
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Proviso for trust:
Dear Friends pls circulate if your friend has Public Charitable Trust which is pending for renewal pls
Dear Friends pls circulate if your friend has Public Charitable Trust which is pending for renewal pls
FAQ on Renewal of 12A / 80G / 10(23C) Registration - based on Queries asked by Professionals in last 2 days
Q1. What is the last date for renewal?
👉 30th September 2025.
Q2. Which trusts need to apply?
👉 All charitable / religious trusts / institutions whose registration (provisional or regular) is valid from AY 2022-23 through AY 2026-27.
Q3. Which form must be filed?
👉 Form 10AB is to be used for renewal / re-registration under the updated regime.
Q4. Which Assessment Year should be selected in Form 10AB?
👉 AY 2027-28
🔹 Because your existing registration (valid up to AY 2026-27) corresponds to the financial year ending 31.03.2026.
🔹 The rule requires filing renewal at least 6 months before expiry, hence by 30.09.2025.
Q5. How do I verify whether a renewal is needed?
👉 Check your approval order, i.e. the Form 10AC certificate issued under Section 12AB / 80G(5) / 10(23C) (as applicable).
Q6. What do the law / rules say about timelines?
👉 As per Section 12AB(5) read with Rule 17A(5), renewal must be filed at least 6 months before the expiry of your current registration.
Q7. What about the new provision for 10-year validity for smaller trusts?
👉 Under the Finance Act 2025, from 1st April 2025:
A trust / institution whose total income (before applying Sections 11 & 12) in each of the two preceding years does not exceed ₹5 crore may be eligible for 10-year registration / renewal instead of the standard 5 years.
This benefit is available when applying under Section 12AB / Section 12A(1)(ac) (i) to (v).
Thus, for renewals expiring 31.03.2026 (i.e. AY 2026-27), if you file by 30.09.2025 and satisfy the ₹5 crore test, the renewed registration may be granted for 10 years.
Q8. The option 10(23C)(via) is not showing in the form. Why, and what should I do?
👉 Because no new approvals / renewals under Section 10(23C) (for sub-clauses requiring approval, including via) are being accepted post the change / merger of exemption regimes.
👉 The Finance Act / amendments have effectively phased out new renewals under 10(23C) (via); instead, such entities must opt / apply under Section 12A / 12AB for renewal or registration.
👉 Existing 10(23C) approvals continue until their expiry, but upon renewal they will have to transition into the 12AB regime.
Q9. Do we need to upload unaudited financials of FY 2024-25 in Form 10AB?
👉 No. You should not upload unaudited FY 2024-25 financials.
👉 Upload audited financials only for FY 2023-24 and FY 2022-23.
Q10. Form 10AB asks for income details of 3 years - which years should be selected?
👉 Use FY 2023-24, FY 2022-23, and FY 2021-22 if FY 2024-25 is still unaudited.
Q11. While filing Form 10AB, the system shows a “Condonation required” warning even though AY 2027-28 is selected and due date hasn’t expired. Why?
👉 This is a system glitch. Renewal applications for AY 2027-28 filed before 30.09.2025 are valid, and no condonation is required.
👉 The warning can be safely ignored.
Nandakumar IRS
Commissioner of Income Tax(Exemption)
Glimpses of 10th year celebration at Mondeal Heights: on 15th/16th August:
YouTube Video 👇👇👇
Importance of artcileship training your path way in CA@Carrier building Pointers are shared
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YouTube Video 👇👇👇
Importance of artcileship training your path way in CA@Carrier building Pointers are shared
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Gamut of investing in GIFT CITY.PPT
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Free : Zoom/Physical :Seminar
YouTube Link👇👇👇👇 On-Money u/s 69 of IT Act
YouTube Link👇👇👇👇 On-Money u/s 69 of IT Act
Talk show at B India Digital👇👇
Share market and Investment Advice
By CA Nitin Pathak
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YouTube Link given below
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YouTube Link : 👇👇👇
"Sequel one : Section 69 addition in case of on Money"
"Sequel one : Section 69 addition in case of on Money"
PPT Link :👇👇👇
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Our Latest YouTube Presentation Click Below 👇👇👇
The Capital Gain provision is simplified and put it on the table format for the purpose of computation of capital gain qua diffrent types of assets
👇👇👇Different kind of tables below: 👇👇👇
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Other YouTube Presentation👇👇👇
SC Judgment on Safari-Retreat Pvt Limited: GST:
You tube presentation/PPT link below:
👇👇👇
👇👇👇
Required At N.M. PATHAK & CO. Ahmedabad
A Qualified : Article Assistance(CA/CMA/CS)
Paid Staff : CA/CMA/CS (Finalist)
B.Com/ M.Com (First Class)
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How to be happy is phenomena: How to achieve is explained through following use of Link for "Message from God" By Pradip Mukherji's
YouTube/FB/Web site link
New way: Use Book, Card, Mantra, Phrase, Audio-Video: To make your self free and effective: Use above link
CA Nitin Pathak
CA Nitin Pathak
Many more in you tube: Pradip Mukherji
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PAST PPT/YOUTUBE PRESENTATION WITH LINK
There is no failure in life for students preparing for competitive exam:
We have deliberated at different news channel : You tube link as under is on Sr No:42, 43, 44 & 45Amendment in section 43B: MSME Payments Seminar : PPT/You Tube below link :
Our mission is to empower Indian to grow faster, healthily, speedily and in better ways than China deed few decades back:We are also in FB/Tweeter/Instagram/LinkedIN/Telegram/WhatsApp for Good knowledge dissemination.We are Running ISACA Chapter-Ahmedabad : Please to guide you for ISACA Course and for CPE Hours : Contact through Email/WhatsApp.
Many past PPT/You tube link available on blog:
Link in table: 👇👇👇👇Messenger of God: Pradip Mukherji: Book available on Amazon
Our mission is to empower Indian to grow faster, healthily, speedily and in better ways than China deed few decades back:
We are also in FB/Tweeter/Instagram/LinkedIN/Telegram/
WhatsApp for Good knowledge dissemination.
We are Running ISACA Chapter-Ahmedabad : Please to guide you for ISACA Course and for CPE Hours : Contact through Email/WhatsApp.
Many past PPT/You tube link available on blog:
Link in table:
Link in table:
👇👇👇👇
Messenger of God: Pradip Mukherji: Book available on Amazon
Physical book available at: B- 1111, Mondeal Heights, Wide Angle, Ahmedabad
Please see link below and write up at other place:
Physical book available at: B- 1111, Mondeal Heights, Wide Angle, Ahmedabad
Please see link below and write up at other place:
Please see link below and write up at other place:
Messenger of God: Pradip Mukherji: Book available on Amazon:The book and energy of the book : Will heal you : Give you relief in pain and suffering use tools to smoothen the suffering from wordily things( Read below: color )
🌿 Links God Wants us to Share with Others : AlakhGod.com
Birthday Celebration of Nirav bhai:-
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Messenger of God: Pradip Mukherji: Book available on Amazon:
The book and energy of the book : Will heal you : Give you relief in pain and suffering use tools to smoothen the suffering from wordily things( Read below: color )
🌿 Links God Wants us to Share with Others :
AlakhGod.com
Birthday Celebration of Nirav bhai:-
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Topic: Changes in IT-Act-2023 and Changes in IT forms/utility
Topic: Changes in IT-Act-2023 and Changes in IT forms/utility
By CA Nitin PathakClick the link : ↓↓↓↓↓
By CA Nitin Pathak
Click the link : ↓↓↓↓↓
Presentation on Recent SC Judgment : U/s 148A
PPT/You Tube on IT Notices on Political Notices,Donation Old Regime VS New Regime, CTC Planning and Investment Options
Presentation on Recent SC Judgment : U/s 148A
PPT/You Tube on IT Notices on Political Notices,Donation Old Regime VS New Regime, CTC Planning and Investment Options
Click the link below : ↓↓↓↓↓
Click the link below : ↓↓↓↓↓
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Click here for you tube presentation:↓↓↓↓↓PPT link for explanation on u/s 194R
----------------------------------------------------Guidance for calculating capital Gain/Loss on mutual fund
Sold Mutual Funds in India during FY23-24? Know the Taxation of Mutual Funds in India before filing ITR
Mutual funds in India are classified based on the proportion of equity investments in their portfolio. The taxation rules for mutual funds differ significantly based on this classification.
1. Equity Oriented Mutual Funds
Equity Oriented Mutual Funds are those that invest 65% or more of their portfolio in equity. The tax implications for these funds are dependent on the holding period.
Holding Period > 12 Months
For investments held for more than 12 months:
- No tax is levied on gains up to ₹1 lakh.
- Gains above ₹1 lakh: 10% Tax + Cess.
Gains exceeding ₹1 lakh are taxed at 10% without the benefit of indexation.
Holding Period < 12 Months
For investments held for less than 12 months:
- 15% Tax + Cess.
- Short-term capital gains (STCG) from these funds are taxed at 15%, along with applicable cess.
2. Other Mutual Funds
Other Mutual Funds are divided into two categories based on the proportion of equity in their portfolio: funds with less than 35% investment in equity, and those with 35% to 65% investment in equity.
Investment in Equity < 35%
For funds with less than 35% investment in equity, the tax treatment is straightforward:
- Gains from these funds are always considered Short-Term Capital Gains (STCG).
- STCG from these funds are taxed at the investor’s normal slab rates without any indexation benefit.
Investment in Equity between 35% and 65%
For funds with 35% to 65% investment in equity, the tax treatment depends on the holding period.
Holding Period < 36 Months
The gains are taxed at the investor’s normal slab rates without the benefit of indexation.
Holding Period > 36 Months
The gains are taxed at 20%, with the benefit of indexation, which adjusts the purchase price of the investment to account for inflation, thereby potentially reducing the taxable gains.
In a few instances, people ignore disclosing and paying tax when redeeming MF. Now, with AIS and TIS showing transactions, it is highly advisable to check before filing ITR and disclose the correct income/ profit. Else you may end up receiving notice from the Income Tax Department
CA Nitin Pathak : Founder President ISACA-Ahmedabad:nitinmpathak@gmail.com/ 09825804094
Many more Programme on blog:
ISACA guidance for CISA, CISM course
Guidance on system and security course:-----------Blog created by CA Nitin Pathak: 97731 25132/nitinmpathak@gmail.com
Conclusion:Mission to compete with China by empowering through knowledge: 1. CPE/Non CPE programme: Zoom/Physical :attend:Download PPT/Listen youtube_presentation(Mostly on Saturday: Join through Zoom/Physical)
2. Ask for ISACA Chapter_guidlines_or_any other information_technology_cyber_technology_guidelines3. CA/CMA/CS articleship personnel required4. B.Com., M.Com, CA/CMA/CS(Non-final pass required)
#kolkata #pradipmukherjee # Message from god # GFT # Ahmedabad
# Book Messanger of God # Grace of god # GST # CA Nitin Pathak # ICAI # Ahmedabad
Click here for you tube presentation:
↓↓↓↓↓PPT link for explanation on u/s 194R
----------------------------------------------------
Guidance for calculating capital Gain/Loss on mutual fund
Sold Mutual Funds in India during FY23-24?
Know the Taxation of Mutual Funds in India before filing ITR
Mutual funds in India are classified based on the proportion of equity investments in their portfolio.
The taxation rules for mutual funds differ significantly based on this classification.
1. Equity Oriented Mutual Funds
Equity Oriented Mutual Funds are those that invest 65% or more of their portfolio in equity. The tax implications for these funds are dependent on the holding period.
Holding Period > 12 Months
For investments held for more than 12 months:
- No tax is levied on gains up to ₹1 lakh.
- Gains above ₹1 lakh: 10% Tax + Cess.
Gains exceeding ₹1 lakh are taxed at 10% without the benefit of indexation.
Holding Period < 12 Months
For investments held for less than 12 months:
- 15% Tax + Cess.
- Short-term capital gains (STCG) from these funds are taxed at 15%, along with applicable cess.
2. Other Mutual Funds
Other Mutual Funds are divided into two categories based on the proportion of equity in their portfolio: funds with less than 35% investment in equity, and those with 35% to 65% investment in equity.
Investment in Equity < 35%
For funds with less than 35% investment in equity, the tax treatment is straightforward:
- Gains from these funds are always considered Short-Term Capital Gains (STCG).
- STCG from these funds are taxed at the investor’s normal slab rates without any indexation benefit.
Investment in Equity between 35% and 65%
For funds with 35% to 65% investment in equity, the tax treatment depends on the holding period.
Holding Period < 36 Months
The gains are taxed at the investor’s normal slab rates without the benefit of indexation.
Holding Period > 36 Months
The gains are taxed at 20%, with the benefit of indexation, which adjusts the purchase price of the investment to account for inflation, thereby potentially reducing the taxable gains.
In a few instances, people ignore disclosing and paying tax when redeeming MF. Now, with AIS and TIS showing transactions, it is highly advisable to check before filing ITR and disclose the correct income/ profit. Else you may end up receiving notice from the Income Tax Department
In a few instances, people ignore disclosing and paying tax when redeeming MF. Now, with AIS and TIS showing transactions, it is highly advisable to check before filing ITR and disclose the correct income/ profit. Else you may end up receiving notice from the Income Tax Department
CA Nitin Pathak : Founder President ISACA-Ahmedabad:nitinmpathak@gmail.com/ 09825804094
Many more Programme on blog:
ISACA guidance for CISA, CISM course
Guidance on system and security course:
ISACA guidance for CISA, CISM course
Guidance on system and security course:
-
----------Blog created by CA Nitin Pathak: 97731 25132/nitinmpathak@gmail.com
Conclusion:
Conclusion:
Mission to compete with China by empowering through knowledge:
1. CPE/Non CPE programme: Zoom/Physical :attend:Download PPT/Listen youtube_presentation
(Mostly on Saturday: Join through Zoom/Physical)
2. Ask for ISACA Chapter_guidlines_or_any other information_technology_cyber_technology_guidelines
3. CA/CMA/CS articleship personnel required
4. B.Com., M.Com, CA/CMA/CS(Non-final pass required)
#kolkata #pradipmukherjee # Message from god # GFT # Ahmedabad # Book Messanger of God # Grace of god # GST # CA Nitin Pathak # ICAI # Ahmedabad
#kolkata #pradipmukherjee # Message from god # GFT # Ahmedabad # Book Messanger of God # Grace of god # GST # CA Nitin Pathak # ICAI # Ahmedabad
