Top Stories Availment of Blocked Input Tax Credit on CSR Expenses before 01.10.2023: How to Reply to GST SCN [Find Draft Format Here] In this article, we provide clarity on…
Top Stories Period of Limitation: A Check Post for Income Tax Assessments When there is a lapse in complying with a timely issue of order by the concerned officer, it…
India’s net direct tax collection has increased by 15.41% this financial year, reaching more than Rs. 12.1 lakh crore as of November 2024. This growth reflects the strength of the…
Top Stories Notice Sent to Non-Existent Entity Post-Merger Deemed Invalid: Karnataka HC quashes Income Tax Notice [Read Order] Considering the notice issued to a non-existent entity after the merger, the…
Top Stories GSTN issues Advisory regarding GST IMS during Initial Phase of Implementation IMS, being a new functionality introduced on the portal, there may be cases where in the initial…
Top Stories Availment of Both GST ITC and Depreciation on Capital Goods: Here’s How to Draft Reply to GST Notice [Find Format Here] Specific provisions within the Central Goods and…
The Income Tax Appellate Tribunal ( ITAT ), Hyderabad recently quashed an Order issued by the Commissioner of Income Taxes (Appeals) – National Faceless Assessment Centre ( CIT (A) ),…
The High Court of Jammu and Kashmir (J&K ) and Ladakh has granted the government two weeks more time to file the latest report with regard to the constitution of…
Top Stories [BREAKING] No Proposal of Implementation of Direct Tax Code, 2025: Sources Addressing the confusion stirred by some recent statements following the Finance Minister’s budget announcement, Chitale confirmed that…
Top Stories Hand Sanitisers are not Disinfectants: Bombay HC quashes 2020 GST Press Release by Centre [Read Order] The Ministry cited the Atmanirbhar Bharat policy, claiming that reducing GST on…