Rule Infinity business service

Rule Infinity business service a specialist in Taxation, Accounting, Auditing, Business advisory and NGO management.

Everything You Knew About TDS is Now WRONG — New Income Tax Act 2025 Changed All Section Numbers from April 1, 2026Secti...
29/05/2026

Everything You Knew About TDS is Now WRONG — New Income Tax Act 2025 Changed All Section Numbers from April 1, 2026

Section 194C is gone. 194J is gone. 194A is gone.
From April 1, 2026 — ALL TDS sections are consolidated into just Section 392 (salary) and Section 393 (everything else).
Swipe through this complete carousel 👆 to know:
✅ Old section → New section mapping (complete table)
✅ New TRACES codes 1001–1067 (must quote in returns)
✅ 3 rate cuts — 194IB: 5%→2% · 194DA: 5%→2% · 194O: 1%→0.1%
✅ Forms renamed — 24Q→138 · 26Q→140 · Form 16→130 · 16A→131
✅ Assessment Year abolished — Tax Year (TY) introduced
✅ One challan for all TDS — section not required in challan anymore
✅ Penalties — Sec 35(b) replaces old Sec 40(a)(ia) — 30% disallowance still applies
⚠️ WARNING: Filing Q1 TY 2026-27 return with old section codes = REJECTED by TRACES-CPC. Update your TDS software now.
Save this post. Share with your accountant and finance team.
Educational content only. Consult your CA for transaction-specific advice.

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₹39 Crore Bogus Purchase Addition Deleted by ITAT Mumbai | Section 69C Landmark Judgment Every Business Owner Must KnowI...
14/05/2026

₹39 Crore Bogus Purchase Addition Deleted by ITAT Mumbai | Section 69C Landmark Judgment Every Business Owner Must Know

ITAT Mumbai deleted a ₹39.36 crore addition made under Section 69C for alleged bogus purchases after the taxpayer proved genuine transactions through books of accounts, stock register, GST/VAT returns and bank payments. This landmark income tax case highlights how documentary evidence, banking trail and proper compliance can protect businesses from shell company allegations and reassessment proceedings under Section 147 & Section 145(3). Essential learning for traders, accountants, tax professionals and business owners.

Sold a Plot & Bought a House BEFORE the Sale? You STILL Qualify for Section 54F Tax Exemption — Here's the ProofMost tax...
13/05/2026

Sold a Plot & Bought a House BEFORE the Sale? You STILL Qualify for Section 54F Tax Exemption — Here's the Proof

Most taxpayers lose ₹6–7 Lakhs in tax unnecessarily — because their CA or AO doesn't know these 2 facts about Section 54F. 👇

Fact 1: You can buy the new house UP TO 1 YEAR BEFORE selling your plot and still claim full exemption. The law says so clearly.

Fact 2: Owning ONE existing house does NOT disqualify you. Section 54F only bars those who own MORE THAN ONE house.

Both objections are backed by a landmark Karnataka High Court ruling — Sambandam Udaykumar v. CIT [2012] 345 ITR 389.

Swipe through this full case study 👉
✅ Real facts |
✅ Verified computation |
✅ HC Judgment |
✅ ITR filing hints for AY 2026-27 |
✅ 4 costly mistakes to avoid

Save this post before your next property sale.

Note: This is educational content. Consult your CA before filing.





GST Practical Classes 2026 | Live Portal Filing — GSTR-1, 3B, IMS, Notices, E-Way Bill & Annual Return | Online | Taught...
11/05/2026

GST Practical Classes 2026 | Live Portal Filing — GSTR-1, 3B, IMS, Notices, E-Way Bill & Annual Return | Online | Taught by Practicing CAs | ₹7,800 Only

Are you an accountant, CA student, tax practitioner, or business owner who wants to master GST the way it actually works in practice — not just theory?

Rule Infinity Business Services is launching a comprehensive GST Practical Course starting the 4th week of May 2026, every Saturday and Sunday from 8:00 PM to 9:45 PM online via Microsoft Teams.

What makes this course different? Every single concept is taught live on the actual GST government portal with real data — you watch GSTR-1 being filed, GSTR-3B being computed, IMS invoices being accepted and rejected, notices being responded to, and E-Way Bills being generated right in front of you.

Here's everything covered in 24 hours:

✅ GST Registration — new registration, threshold, cancellation, revocation and amendment ✅ Input Tax Credit — Sec 16 & 17, ITC reversal, Blocked ITC Sec 17(5) — all with live examples ✅ Invoice Management System (IMS) — accept, reject, pending decisions and GSTR-2B impact ✅ GSTR-1 Filing — all tables including B2B, B2C, exports, CDN, HSN summary and E-Commerce ✅ GSTR-3B Filing — outward tax, ITC setoff, cash payment, late fee and interest computation ✅ GST Notices — DRC-01C, DRC-01B, ASMT-10 — how to read, reply and resolve ✅ E-Way Bill & E-Invoicing — generation, validity, IRN, QR code and auto-population ✅ GSTR-9 & GSTR-9C — annual return, GSTR-1 vs 3B vs books reconciliation and self-certified audit ✅ Reverse Charge Mechanism, Place of Supply, Composition Scheme and all 2026 amendments

Who should join: → Accountants handling GST clients → CA Inter and CMA students → Business owners filing their own GST → Freshers entering tax practice → Anyone who wants to become GST-ready in 2026


❌ India CANNOT tax your NRI foreign bank account just because it exists — Bombay HC confirms ✅🔴 CASE STUDY ALERT | Bomba...
10/05/2026

❌ India CANNOT tax your NRI foreign bank account just because it exists — Bombay HC confirms ✅

🔴 CASE STUDY ALERT | Bombay High Court | March 2026

CIT vs Dipendu Bapalal Shah — a landmark ruling every NRI and tax professional MUST know.

👤 An NRI since 1979 held an HSBC Geneva account.
🇫🇷 French Government shared intelligence with India.
💰 Revenue added ₹6.13 Cr as undisclosed income.
⚖️ Bombay HC — DELETED the addition.

📌 The Golden Rule:
India can ONLY tax NRI income that is either —
✅ Earned in India, OR
✅ Received in India.

Mere existence of a foreign account ≠ Indian taxable income.
Foreign intelligence ≠ proof of Indian income.
Suspicion ≠ Assessment.

💡 Whether you are an NRI, a CA advising NRI clients, or a CA student — this principle is fundamental to understanding residential status and taxability under the Income Tax Act.

Save this post. Share with your CA friends. 📲

🔔 Follow for daily case laws, tax updates & CA exam content.
🌐 theruleinfinity.com

13/04/2026

Are you still calculating tax manually?
Now plan your Income Tax, deductions & savings instantly with smart Tax Planning Software.

✅ Automatic tax calculation
✅ Suggests best deductions (80C, 80D, HRA & more)
✅ Compare old vs new regime in seconds
✅ Perfect for CA, Tax Practitioners & Individuals

Save tax. Save time. Plan smarter. 📊

💡 Smart tax planning = More savings in your pocket!

Crack open the Income Tax Master Guide 2026 🔍 and get ready to conquer ITR filing!Struggling with Income Tax Filing for ...
10/04/2026

Crack open the Income Tax Master Guide 2026 🔍 and get ready to conquer ITR filing!

Struggling with Income Tax Filing for AY 2025-26 / FY 2024-25? This 10-slide masterclass is your ultimate guide.

Here's what you'll learn:

✅ Choose the right ITR Form
✅ AIS & TIS: What you need to know
✅ Master Capital Gains & Loss rules
✅ F&O Trading taxation demystified
✅ When Tax Audit is applicable
✅ Don't get caught off guard by Income Tax Notices
✅ Latest tax rates for individuals

A comprehensive resource for all taxpayers!

Save this post for future reference and share with friends who need tax assistance.

Follow for more expert insights on CA | GST | Income Tax!

Tax Season Alert! ⏰ Don't File ITR Without Watching This! Old vs New Tax Regime + 8 Tax DeductionsTired of tax confusion...
08/04/2026

Tax Season Alert! ⏰ Don't File ITR Without Watching This! Old vs New Tax Regime + 8 Tax Deductions

Tired of tax confusion? 😩 We're here to help! Our video explains the Old Tax Regime vs New Tax Regime for FY 2024-25 / AY 2025-26.

With a ₹20 lakh salary case study, we'll show you which regime saves more tax and how.

📊 In this video, we cover:
✔ Old vs New Tax Regime tax slabs
✔ 8 important tax deductions
✔ Tax impact on stocks and investments
✔ NPS benefits and expert tips
✔ Loss set-off strategies
✔ Who should choose which regime
✔ Quick tax reference guide

Salaried employees, investors, and taxpayers, don't miss this! 👉

💡 Free Tax Planning Consultation Available.
📞 Book now and save big!

🚨 Most Indian traders & investors are paying MORE tax than the law requires. Here's everything they don't teach you — ST...
04/04/2026

🚨 Most Indian traders & investors are paying MORE tax than the law requires. Here's everything they don't teach you — STCG, LTCG, F&O, Crypto & Loss Set-off explained. 📊

💸 Did you know your F&O losses can legally reduce your total taxable income — but ONLY if you file ITR-3 on time?
Swipe through this carousel to understand exactly how your investments, trades, and crypto are taxed under the NEW Income Tax Act 2025
👆 Here's what we cover:
📈 STCG (20%) vs LTCG (12.5%) — and how to harvest ₹1.25L tax-free every year ⚡ F&O & Intraday — why it's business income, not capital gains
🔄 Loss Carry Forward rules — what can be set off, what cannot ₿ Crypto & VDA — 30% flat tax, zero set-off, zero carry forward (Sec 115BBH)
🏪 Salaried + F&O — how to legally claim deductions and reduce tax
📌 Save this post — share it with a trader friend who needs to know this.
🆓 FREE first call advisory — no obligation, just clarity.
📞 Call us: 084381 12110
🌐 theruleinfinity.com
📸 ▶️ YouTube:

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NGO Compliance Alert: FCRA Certificate Cancellation Can Lead to Asset Seizure FCRA Amendment Bill 2026 is raising seri...
03/04/2026

NGO Compliance Alert: FCRA Certificate Cancellation Can Lead to Asset Seizure

FCRA Amendment Bill 2026 is raising serious compliance concerns for NGOs receiving foreign funding.

Under the Foreign Contribution Regulation Act (FCRA) 2010, organisations receiving foreign donations must comply with strict regulatory requirements.

The proposed amendment highlights a critical provision under Section 16A, where cancellation, surrender, or expiry of an FCRA certificate may lead to automatic vesting of assets with the government.

This means:

• Assets may be transferred to government control
• Management of NGO operations may be taken over
• Even assets built using domestic funds may be questioned
• Restoration of control may require legal intervention

Thousands of NGOs across India — including schools, hospitals, religious institutions, and social organisations — operate using foreign contributions and must maintain strict compliance.

Key takeaways are Proper documentation, renewal of FCRA registration, and segregation of funds are critical to protecting organisational assets.

If your organisation receives foreign contributions, understanding FCRA compliance is essential.

Save this post and share it with anyone involved in NGO governance, charity management, or compliance advisory.

Comment "FCRA" if you want a detailed guide on:
• FCRA registration
• FCRA renewal process
• Compliance checklist for NGOs





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