FidesLoop (@FidesLoop) header
FidesLoop (@FidesLoop) profile picture

A start-up focused on building tools to manage e-commerce compliance better. For now, we're providing services for eCommerce GST, TDS, E-Invoicing & Accounting

Bengaluru, India
Joined September 2016
Photo by FidesLoop (@FidesLoop)Photo by FidesLoop (@FidesLoop)Photo by FidesLoop (@FidesLoop)Photo by FidesLoop (@FidesLoop)Photo by FidesLoop (@FidesLoop)Photo by FidesLoop (@FidesLoop)Photo by FidesLoop (@FidesLoop)Photo by FidesLoop (@FidesLoop)Photo by FidesLoop (@FidesLoop)Photo by FidesLoop (@FidesLoop)
FidesLoop retweeted
Next-Gen GST Process Reforms: registration made faster and simpler. #57GSTCOUNCIL
27
3
36
11,518
FidesLoop retweeted
GST Refunds Streamlined! #57GSTCouncil
2
31
6
73
13,335
FidesLoop retweeted
Less notice. Lower penalty. Faster closure. #57GSTCouncil
35
3
63
15,255
FidesLoop retweeted
Your Online Journey, Now Starts with Simpler GST #57GSTCouncil
2
25
4
32
13,227
FidesLoop retweeted
Simpler Rules. Smoother Business #57GSTCouncil
3
53
4
109
19,205
FidesLoop retweeted
Retweet, if facing issue on GST Portal GST portal is not working since 10th April even Today also Login issues ❌ Data processing ❌ Productivity ❌ Only thing working = Time waste ⏳ Ram Bajaj 8696424223 For GST Update, Join this Group chat.whatsapp.com/D5vVMMvFvX…
35
636
8
419
24,541
The Central Board of Direct Taxes (CBDT) has decided to extend the due date of furnishing of Return of Income under sub-Section (1) of Section 139 of the Act for the Assessment Year 2025-26, which is 31st October 2025 in the case of assessees referred in clause (a) of Explanation 2 to sub-Section (1) of Section 139 of the Act, to 10th December 2025. The 'specified date' of furnishing of the report of audit under the provisions of the Income-tax Act, 1961, for the Previous Year 2024-25 (Assessment Year 2025-26) is further extended to 10th November 2025. Press Release Issued.
425
778
112
2,222
477,902
The Central Board of Direct Taxes (CBDT) has decided to extend the specified date for filing various audit reports for the Previous Year 2024–25 (Assessment Year 2025–26), from 30th September 2025 to 31st October 2025, for assessees referred to in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act.
1,047
1,289
295
3,431
907,455
📢 Hon’ble Rajasthan High Court has directed CBDT to extend the due date for filing Tax Audit Reports from 30th Sept to 31st Oct 2025 🗓️ Case: TBA Jodhpur v/s UOI [CW 18593/2025] Wait for official Notification/Circular of date extension of TAR #TaxAudit #IncomeTax #DueDate #caguruji #Extend_TaxAudit_Due_Date #TAR
13
205
3
239
47,245
Lack of unity among CAs causes babus to expect unrealistic assumptions & set us impossible deadlines. CAs should unite, use tags, and trending #PenDownNoExtensionNoAudit. If we all stop uploading, it will show unity. Today, there should be zero TAR uploads. RT if you join!!!
25
521
13
433
25,713
Kind Attention Taxpayers! CBDT has decided to extend the due date of filing of ITRs, which are due for filing by 31st July 2025, to 15th September 2025 This extension will provide more time due to significant revisions in ITR forms, system development needs, and TDS credit reflections. This ensures a smoother and more accurate filing experience for everyone. Formal notification will follow.
463
2,015
244
6,048
792,472
Replying to @SellonFK
@FlipkartSellers Why @Flipkart forcefully needs OTP based GSTN Verification? @GST_Council needs to check this as most of the Flipkart Sellers are facing this. @PiyushGoyal kindly look into this illegal activity of forceful taking sensitive data. Every seller is facing
11
29
4
14
2,686
Replying to @SellonFK
@FlipkartSellers Why @Flipkart needs OTP based GSTN Verification? @GST_Council needs to check this as most of the Flipkart Sellers are facing this. Awaiting prompt action for every seller. @rajneeeshkumar @flipkartsupport
13
19
4
11
1,463
The way they access the GST portal is treated as "Unauthorized activity" & it is a punishable offense. Any software that asks for the GST portal User ID and password and asks you to enter a captcha works based on web scraping. You can read more here. gst.gov.in/policies/termsand…
1
2
2
123
Speqtasoft works based on Web-scrapping to pull data from GST portal. Web scrappjng on GST portal is a punishable offence u/s 43 & 45 of IT Act 2000. This is clearly written in Terms & Conditions of GST portal. The software provider & the users will be in trouble.
1
2
4
311
FidesLoop retweeted
There is no proposal before the Government, at present, to reduce this threshold limit to Rs 5 Crore with effect from 01.01.2023, as no such recommendation has been made by GST Council as yet. (3/3) @FinMinIndia @nsitharamanoffc @officeofPCM
24
90
8
165
60,245
FidesLoop retweeted
It is clarified that presently, e-invoicing has been made mandatory for registered persons having aggregate turnover more than Rs. 10 crore in any preceding financial year from 2017-18 onwards (Refer Notification no. 17/2022-Central Tax dated 01.08.2022). (2/3)
6
53
2
103
41,664
FidesLoop retweeted
Some news reports have appeared in media today suggesting that though @GST_Council has recommended reducing threshold for generation of e-invoice to Rs.5 cr wef 1.1.23, the Govt. has yet to issue notification in the matter, giving rise to uncertainties amongst the taxpayers. 1/3
15
93
12
212
77,353
Sequoia Capital, the VC behind Airbnb, Uber, and WhatsApp, has backed over 300 startups. Their pitch deck framework has funded over $3.3 trillion dollars in market value. Steal it for free:
378
3,005
132
16,887
Penalising Sellers who are not reducing prices is the best strategy ever by Flipkart! @Flipkart Is this not influencing the prices and distorting fair market? @CCI_India @CimGOI @DoC_GoI How can you penalise a seller for not giving discount? #Flipkartsucks #FKaginstsellers
5
24
11