SMART Compliance Professionals

SMART Compliance Professionals Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from SMART Compliance Professionals, E-1068, Lohiya Gali No. 5, Babarpur, Shahdara, Delhi.

SMART Compliance Professionals(SCP) is a group of professionals, providing one stop solution to entrepreneurs and startups in managing and growing their businesses in terms of Accounting and Tax compliances like GST, Income tax, expert opinion etc.

🚨 BIG UPDATE in ITR-4 (AY 2026-27)1️⃣ Tax regime is now under full tracking👉 Form 10-IEA details compulsory2️⃣ High-valu...
06/04/2026

🚨 BIG UPDATE in ITR-4 (AY 2026-27)

1️⃣ Tax regime is now under full tracking
👉 Form 10-IEA details compulsory

2️⃣ High-value transactions reporting added
👉 Foreign travel > ₹2L
👉 Electricity > ₹1L
👉 Current A/c deposits > ₹1Cr

3️⃣ Presumptive income (44AD/44ADA) now more detailed
👉 Cash vs Digital breakup mandatory

4️⃣ Eligibility checks stricter
👉 Director / Unlisted shares? Not allowed

5️⃣ Small LTCG (112A upto ₹1.25L) now allowed

📌 Conclusion:
ITR-4 is no longer “simple” — it's now data-driven & highly scrutinized.

⚠️ CA / Taxpayers — Don’t file blindly this year!


CA Vijay Jain

🚨 ITR Filing AY 2026-27 – BIG Updates You Can’t Ignore!The Income Tax Department has introduced key changes in ITR-1 (Sa...
06/04/2026

🚨 ITR Filing AY 2026-27 – BIG Updates You Can’t Ignore!

The Income Tax Department has introduced key changes in ITR-1 (Sahaj) – making life easier for salaried individuals & small investors 👇

🔹 1. Eligibility Expanded
➡️ Earlier: Only 1 House Property allowed
➡️ Now: Up to 2 House Properties permitted
✅ More taxpayers can now file simpler returns

🔹 2. Capital Gains Now Allowed
➡️ Earlier: Not allowed in ITR-1
➡️ Now: LTCG from listed shares & Equity Mutual Funds up to ₹1.25 lakh allowed
✅ No need to switch to ITR-2 for small investors

🔹 3. Updated LTCG Tax Rates
➡️ 12.5% (without indexation)
➡️ 20% (with indexation)
📊 As per latest Budget provisions

📊 Other ITR Forms – Quick Guide
🔸 ITR-1 (Sahaj)
✔️ Salaried individuals
✔️ Income up to ₹50 lakh
✔️ Now includes limited LTCG + 2 house properties

🔸 ITR-2
✔️ Capital gains (full)
✔️ Multiple properties
✔️ Foreign income/assets

🔸 ITR-3
✔️ Business / Professional income
✔️ Freelancers, consultants

🔸 ITR-4 (Sugam)
✔️ Presumptive income (44AD/44ADA/44AE)
✔️ Small businesses & professionals

💡 Big Win for Salaried Taxpayers & Retail Investors!

Now filing is simpler, faster & more flexible.
📌 Don’t miss compliance deadlines – file smart & save tax legally
📣 Call to Action (Add at end)
📞 Get Expert Help Today!
SMART Compliance Professionals
📧 [email protected]
📱 8285159604






CA Vijay Jain

🌈✨ Celebrate the Colors of Success this Holi! ✨🌈This Holi, may your business grow with vibrant opportunities, strong com...
04/03/2026

🌈✨ Celebrate the Colors of Success this Holi! ✨🌈

This Holi, may your business grow with vibrant opportunities, strong compliance, and financial prosperity.

At SMART Compliance Professionals, we remain committed to being your trusted partner in taxation, compliance, and business growth.

🎨 Let’s welcome a year filled with: ✔ Growth
✔ Profitability
✔ Smooth Compliance
✔ Financial Stability
Wishing you and your family a safe, joyful & prosperous Holi! 🌸
📞 9650073610
📧 [email protected]

SMART Compliance Professionals
"One stop solution for your business"




















The Ministry of Corporate Affairs has issued General Circular No. 01/2026 dated 24th February 2026, introducing the Comp...
25/02/2026

The Ministry of Corporate Affairs has issued General Circular No. 01/2026 dated 24th February 2026, introducing the Companies Compliance Facilitation Scheme, 2026 (CCFS-2026).

A one-time compliance window for companies to regularize pending filings with reduced fees and condonation of delay.

Under this Scheme, companies may:
* File pending annual filings with the MCA-21 registry; or
* Apply for Dormant status or seek closure in accordance with the provisions of the Companies Act, 2013.

The Scheme will be operational from 15th April 2026 to 15th July 2026.
For detailed information, please refer to the official General Circular issued by MCA:
mca.gov.in/bin/dms/getdoc…


゚viralシfypシ゚viralシalシ

Attention GST Taxpayers regsitered under Rule 14A!The Opt-Out facility is now live on the GST Portal.Eligible taxpayers ...
25/02/2026

Attention GST Taxpayers regsitered under Rule 14A!

The Opt-Out facility is now live on the GST Portal.

Eligible taxpayers can submit their request using Form GST REG-32.

👉For step-by-step instructions and detailed guidelines, kindly refer: gst.gov.in/newsandupdates…
CA Vijay Jain

Ministry of Corporate Affairs has notified Companies Compliance Facilitation Scheme, 2026 (CCFS-2026) vide General Circu...
24/02/2026

Ministry of Corporate Affairs has notified Companies Compliance Facilitation Scheme, 2026 (CCFS-2026) vide General Circular 01/2026 which is a significant one-time compliance window for defaulting companies.

Effective *15 April 2026 to 15 July 2026, the Scheme allows filing of pending MGT-7 / MGT-7A / AOC-4 (all variants) / ADT-1 / FC-3 / FC-4 and 1956 Act forms at just 10% of the normal additional fees.*

Further, companies may:
• *Apply for Dormant Status (Sec 455) at 50% of normal fee*
• *File STK-2 for strike-off at 25% of applicable fee*

Immunity from prosecution for delayed filings is available subject to conditions (Notices under Sec 92/137 & no prior adjudication in specified cases).

Not available for companies already under final strike-off notice, voluntary strike-off applicants, dissolved/amalgamated entities, dormant companies & vanishing companies.

*Post 15 July 2026, RoCs are expected to initiate strict regulatory action against continuing defaulters.*

CA Vijay Jain

🚨 GSTN IMS Enhancement!! A new separate tab has now been provided in Outward IMS to display Rejected Credit Notes etc. -...
18/02/2026

🚨 GSTN IMS Enhancement!!

A new separate tab has now been provided in Outward IMS to display Rejected Credit Notes etc. - where liability is required to be added back in GSTR-3B

👉 Earlier, we had to manually check all IMS entries to identify such cases.
CA Vijay Jain
゚viralシfypシ゚viralシalシ

📢 Attention Exporters!The GST Portal has now enabled furnishing of Letter of Undertaking (LUT) for FY 2026–27.👉 If you a...
17/02/2026

📢 Attention Exporters!

The GST Portal has now enabled furnishing of Letter of Undertaking (LUT) for FY 2026–27.

👉 If you are exporting goods or services without payment of IGST, it is mandatory to file your LUT for the new financial year.

Key Points :
- Required under Rule 96A of CGST Rules, 2017.
- Enables zero-rated supplies without upfront IGST.
- Valid for one financial year; fresh LUT needed each year.
- File before 31st March, 2026 to avoid disruption in exports.

゚viralシfypシ゚viralシalシ

MCA update There will be total 10 MCA, *Regional Directors* offices in India w.e.f. 16.02.2026.
12/02/2026

MCA update

There will be total 10 MCA, *Regional Directors* offices in India w.e.f. 16.02.2026.

🚨 BIG TAX RELIEF ALERT! 🚨PAN RULES MAY CHANGE FROM 2026Tired of giving PAN everywhere?👉 Major relaxation proposed by CBD...
12/02/2026

🚨 BIG TAX RELIEF ALERT! 🚨
PAN RULES MAY CHANGE FROM 2026

Tired of giving PAN everywhere?

👉 Major relaxation proposed by CBDT!

🔥 WHAT MAY CHANGE (Draft Rules 2026)

💰 Bank Cash Transactions
PAN only if yearly total ≥ ₹10 LAKH
❌ Earlier: ₹50,000 in a day

🏠 Property Transactions
PAN required only if value > ₹20 LAKH
❌ Earlier: ₹10 Lakh

🚗 Vehicle Purchase
PAN only if value > ₹5 LAKH
❌ Earlier: Mandatory for all 4-wheelers

🍽️ Hotel / Event / Wedding Bills
PAN required only if payment > ₹1 LAKH
❌ Earlier: ₹50,000

✅ WHAT THIS MEANS FOR YOU
✔ Less unnecessary compliance
✔ Fewer PAN demands
✔ Relief for common taxpayers
✔ Focus only on big transactions

📌 Note: These are draft rules. Final notification expected by March 2026.

💬 Good Move or Limits Should Be Higher?

Comment Below 👇
📢 Follow for real Tax & GST updates that matter.

SMART Compliance Professionals
Income Tax | GST | Compliance | Advisory
📧 [email protected]

KIND ATTENTION TAXPAYERS!With the Income-tax Act, 2025 set to come into force from 1st April 2026, the Draft Income-tax ...
12/02/2026

KIND ATTENTION TAXPAYERS!
With the Income-tax Act, 2025 set to come into force from 1st April 2026, the Draft Income-tax Rules & Forms, 2026 have been framed and placed in the public domain for feedback/comments from public & stakeholders.

👉Comments from stakeholders and public are invited to make the rule-making process more participative and effective.

👉For ease of reference, navigators mapping existing Rules/Forms with the draft versions have been shared.

👉Feedback/comments may be submitted at:
eportal.incometax.gov.in/iec/foservices…

Comment and suggest.

Address

E-1068, Lohiya Gali No. 5, Babarpur, Shahdara
Delhi
110032

Opening Hours

Monday 9am - 7pm
Tuesday 9am - 7pm
Wednesday 9am - 7pm
Thursday 9am - 7pm
Friday 9am - 7pm
Saturday 9am - 7pm

Telephone

+918285159604

Website

Alerts

Be the first to know and let us send you an email when SMART Compliance Professionals posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to SMART Compliance Professionals:

Shortcuts

Share