Detailed Discussion on Section 74A of the GST Act: Show Cause Notices, Demands, Penalties, Interest Provisions

3 Jan, 2025

Detailed Discussion on Section 74A of the ...

The Goods and Services Tax (GST) framework in India has been constantly evolving to address various compliance and admi...

Duty Drawback in India: Meaning, Types, and Benefits for Exporters

3 Jan, 2025

Duty Drawback in India: Meaning, Types, an...

India, as a growing economy, has seen significant engagement in international trade, with businesses actively involved ...

ITAT Condones Delay of Over 3 Years in Filing CIT Appeal

2 Jan, 2025

ITAT Condones Delay of Over 3 Years in Fil...

In a recent decision, the Income Tax Appellate Tribunal (ITAT) in Delhi dealt with an appeal filed by the Assessee, Mr....

No Evidence Presented to the AO During ITR Processing; No Obligation for AO to Issue Rectification Order Under Section 154

2 Jan, 2025

No Evidence Presented to the AO During ITR...

Income tax law is complex, and at times, disputes arise between taxpayers and the authorities. A recent case before...

Advisory to Taxpayers on Extension of E-Way Bills Expired on 31st December, 2024

1 Jan, 2025

Advisory to Taxpayers on Extension of E-Wa...

The Goods and Services Tax (GST) department is pleased to announce that the technical challenges experienced with the e...

All About the GST Refund

31 Dec, 2024

All About the GST Refund

The Goods and Services Tax (GST) system was introduced to simplify the indirect tax structure in many countries, includ...

Enhancement of Monetary Limits for Filing Income tax Appeals: A Step Toward Reducing Litigation

31 Dec, 2024

Enhancement of Monetary Limits for Filing ...

In a significant development, the Central Board of Direct Taxes (CBDT) has revised the monetary limits for filing incom...

Reassessment Proceedings u/s 147 Quashed Due to Invalid Approval Under Section 151

31 Dec, 2024

Reassessment Proceedings u/s 147 Quashed D...

Quashing of Reassessment Proceedings: Legal Grounds and Impact on Penalty In a recent case, the appeals in ITA No. 1...

Case Remanded to CIT(A) for Providing Reasonable Opportunity to Be Heard

31 Dec, 2024

Case Remanded to CIT(A) for Providing Reas...

Background of the Case A search and seizure action was conducted under Section 132 of the Income Tax Act on 14th...

Restoring the Appeal to the Assessing Officer: Ensuring a Fair Opportunity for Submissions

31 Dec, 2024

Restoring the Appeal to the Assessing Offi...

In a recent case, the assessee filed an appeal against the order of the Commissioner of Income Tax (Appeals), National ...

CBDT Extends Date for Filing Belated and Revised ITR for AY 2024-25 till 15th January 2025

31 Dec, 2024

CBDT Extends Date for Filing Belated and R...

The Central Board of Direct Taxes (CBDT) has provided relief to individual taxpayers by extending the deadline for fili...

Advisory on Differences in Values of Table 8A and 8C in Annual Return GST 9 for FY 2023-24

23 Dec, 2024

Advisory on Differences in Values of Table...

Key Changes in Table 8A and 8C Reporting As per Notification No. 12/2024-Central Tax dated 10th July 2024, read with...

Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Chhattisgarh, Goa, and Mizoram

23 Dec, 2024

Advisory for Biometric-Based Aadhaar Authe...

As a trusted advisor in tax and compliance, we aim to keep you updated on critical developments that impact your busine...

Advisory on Updates to E-Way Bill and E-Invoice Systems

23 Dec, 2024

Advisory on Updates to E-Way Bill and E-In...

In a move to bolster the security and efficiency of the E-Way Bill and E-Invoice Systems, the Goods and Services Tax Ne...

Highlight of GST Council 55th Meeting

22 Dec, 2024

Highlight of GST Council 55th Meeting

The GST Council has made significant recommendations encompassing changes in GST rates, measures to provide relief to i...

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