The Goods and Services Tax Network (GSTN) has issued a detailed advisory dated June 19, 2025 on the treatment of inadvertently rejected records in the Invoice Matching System (IMS), offering much-needed relief…
The Patna High Court recently dealt with the principles of natural justice under the Goods and Services Tax (GST) regime, setting aside an assessment order that rejected the refund of…
The Madras High Court has held that before passing an ex-parte order, the tax authority must send at least one reminder notice through Registered Post Acknowledgement Due (RPAD) or any other valid…
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) denied a deduction under Section 54F of the Income Tax Act, 1961, citing that it cannot be claimed for a residential property…
The Goods and Services Tax (GST) regime in India has created a framework where registered GST Practitioners (GSTPs) can perform tax-related tasks on behalf of taxpayers. However, this engagement is not automatic.…
In a recent ruling, the Madurai bench of Madras High Court quashed an order rejecting a GST ( Goods and Services Tax) rectification application on the ground that the petitioner was denied…
The Madras High Court has quashed a GST assessment order that was passed without granting the petitioner an opportunity for a personal hearing. Notably, the counsel for the GST department herself conceded before the…
India’s relationship with its currency is as dynamic as the nation itself. The Indian Rupee, once synonymous with physical notes and coins, now flows seamlessly through both tangible and digital…
The Delhi Goodsand Services Tax (DGST) Department has issued a significant clarification regarding the availability of Input Tax Credit (ITC) in cases involving the supply of goods under ex-works contracts. The clarification…
Attention taxpayers, there is now a new update in the Income Tax Portal. For registering PAN on the Income Tax portal, Aadhaar One-Time Password (OTP) verification is now compulsory. …