The Goods and Services Tax (GST), launched on July 1, 2017, was hailed as a transformative reform to unify India’s indirect tax system. Over the past eight years, GST has expanded the…
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) has quashed an addition of over ₹14 lakh under Section 69B of the income tax act, 1961, holding that the…
The Gauhati High Court allowed seeking the restoration of cancelled GST registration on payment of full tax and filing of pending returns. Riju Moni Gogoi, the petitioner, was carrying out her business under the…
The Himachal Pradesh High Court recently set aside an appellate order that dismissed a taxpayer’s appeal, solely on the ground of limitation without assigning proper valid reasons for the same. The Petitioner,…
The Madras High Court set aside a GST ( Goods and Services Tax ) order observing that the Officer concerned always has to apply his mind while passing the order and non-providing…
In India’s rapidly expanding credit market, personal and business loans have become a lifeline for millions. However, with the rise in borrowing comes the inevitable challenge of defaults and the…
The Gauhati High Court has conditionally granted bail to Varun Goyal, who was arrested under the Assam Goods and Services Tax ( AGST ) Act, 2017, for allegedly availing fraudulent Input Tax Credit (ITC)…
In a recent update to streamline online tax payments for taxpayers across the country, the Income Tax Department has released the latest list of 31 banks now available for its e-Pay Tax facility…
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) held that Corporate Social Responsibility (CSR) contributions can qualify for deductions under Section 80G of the Income Tax Act, 1961 if the…
Filing income tax returns in India can feel complicated for Non-Resident Indians, especially with the changing tax rules and reporting requirements. However, with proper planning, you can file accurately while avoiding unnecessary…