Posted inBlog
Income Tax Act 2025 Consolidates Presumptive Taxation Under New Section 58
Discover how the Income Tax Act 2025's new Section 58 unifies presumptive taxation, simplifying compliance for businesses and professionals.
Posted inBlog
ITAT Indore Rules Delayed Form 10E Filing Doesn’t Automatically Bar Section 89 Relief
Discover how ITAT Indore ruled that delayed Form 10E filing doesn't automatically bar Section 89 relief for eligible taxpayers, even with procedural delays.
Posted inBlog
Navigating India’s Section 56(2)(viib): The Nuances of Gift Tax on Received Assets
Understand India's Section 56(2)(viib) gift tax on received assets to avoid compliance challenges and tax liabilities.
Posted inBlog
Kerala High Court Upholds GST DRC-01 Notice, Directs Taxpayer to Statutory Appeals
Kerala High Court upholds GST DRC-01 notice, directing taxpayers to statutory appeals and clarifying Section 74 compliance.
Posted inBlog
Navigating Income Tax Return Verification: Who Can Legally Sign Off?
Learn who can legally verify income tax returns as per the Income Tax Act, 2025, to ensure compliance and avoid penalties.
Posted inTaxation and Legal Insights
GST Refund Bottlenecks: Exporters Navigate Challenges of Standardised Annexure-B and Automated Adjudication
The Goods and Services Tax Network (GSTN) has deployed a standardized Annexure-B offline utility across India, fundamentally altering how exporters and tax professionals claim Input Tax Credit (ITC) refunds. This…
Posted inTaxation and Legal Insights
GSTAT Upholds Anti-Profiteering Ruling Against Real Estate Developer Over Unpassed ITC Benefits
GSTAT upholds a major anti-profiteering ruling against a real estate developer for failing to pass on ITC benefits to homebuyers, ordering refunds and...