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CA Garima Bajpai

Sep 30 • 4 tweets • 2 min read

CBDT has extended due date for filing of various reports of audit for the Assessment Year 2022-23 to 07/10/2022.

#Extend_Due_Date_Immediately

@CNBCTV18Live

Source- @CNBCTV18Live

@IncomeTaxIndia

Official confirmation from @IncomeTaxIndia.Due dates for filinng TAR has been extended to 07/10/2022.
#Extend_Due_Dates
#Extend_Due_Date_Immediately
#taxaudit

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CA Garima Bajpai

@garimabajpai

May 30

You can save up to ₹10,000 in LTCG taxes every financial year with Tax Harvesting!!!

Here is a 🧵 on what Tax Harvesting is and how you can use it to reduce your LTCG liability.

First,we need to understand what LTCG is?

Capital gains earned over and above ₹1 lakh on selling equities, including shares and mutual funds, after one year are called long-term capital gains (LTCGs). These LTCGs are taxed at the rate of 10% .

Note that the first ₹ 1 Lakh of LTCG is exempt from 10% tax.

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