BCAS

📢 BCAS in the News!

As the ITR filing season progresses, many early filers may find themselves needing to revise their returns due to updated information appearing in the Annual Information Statement (AIS), Form 26AS, or other tax records after the initial filing. Ensuring that all financial information is accurately reflected before filing can help avoid unnecessary revisions and compliance issues.

In a recent Mint article, CA Mrinal Mehta, Joint Secretary of The Bombay Chartered Accountants' Society (BCAS), highlighted the importance of reconciling income, tax credits, and financial transactions with the AIS and other available records before filing returns. He emphasized that taxpayers should carefully review updated information to minimize the need for revisions at a later stage.

With tax reporting becoming increasingly data-driven, accuracy and proper reconciliation remain key to a smooth filing experience and effective tax compliance.

🔗 Read the full article:
https://lin-k.ai/BCAS-News-Early-ITR-filers-revise-returns-26-27-Mint-News

📢 Countdown Begins! Gain Practical Insights into Presumptive Taxation under the Income-tax Act, 2025

The Direct Tax Laws Study Circle of The Bombay Chartered Accountants’ Society (BCAS) invites you to an insightful virtual session on "Presumptive Taxation under the Income-tax Act, 2025."

Presumptive taxation provisions play a crucial role in simplifying tax compliance for eligible taxpayers. This session will provide a practical understanding of the applicability, benefits, limitations, and key considerations under the Income-tax Act, 2025, helping professionals navigate this important area with confidence.

🎙️ Group Leader: CA Krishna Upadhya
🗓️ Date: Tuesday, 23rd June 2026 (Tomorrow)
⏰ Time: 5:45 PM – 7:15 PM
📍 Mode: Virtual (Zoom)

💡 Join fellow professionals for an engaging discussion and gain valuable insights into the evolving framework of presumptive taxation.

🔗 Register Now:
https://portal.bcasonline.org/EventDetails/MTgzNw==

🧘 Celebrate International Yoga Day with BCAS!

Take a step towards better health, stronger muscles, and a more balanced lifestyle.

The Bombay Chartered Accountants’ Society (BCAS), jointly with MaBap Foundation and BCAS Foundation, invites you to a special International Yoga Day Celebration focused on enhancing bone and muscle strength, improving flexibility, and promoting overall well-being.

✨ Whether you're a beginner or a regular practitioner, this session is designed for all age groups and will help you learn practical yoga techniques that can be incorporated into your daily routine.

🎙️ Faculty: Mr. Pradeep Thakkar, Accredited Yoga Teacher
📅 Date: Sunday, 21st June 2026
⏰ Time: 7:00 AM – 8:30 AM
📍 Venue: Shree Ghoghari Lohana Mahajan Bhavan, Andheri (West), Mumbai

Highlights:
✅ Learn simple yoga asanas suitable for all ages
✅ Improve flexibility, strength, and overall fitness
✅ Gain tips for managing knee pain, osteoarthritis, blood pressure, diabetes, and more
✅ Focus on maintaining bone and muscle health through regular exercise

🔹 What to Bring: Yoga Mat/Dhari
🔹 Dress Code: Loose, comfortable clothing

🔗 Register Now:
https://lin-k.ai/International-Yoga-Day

Start your Sunday with energy, mindfulness, and movement. Join us in celebrating the timeless benefits of Yoga!