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Delhi High Court Clarifies Scope of Appellate Authority’s Powers under Section 107(11) of CGST Act
IntroductionThe Delhi High Court in Sonu Monu Telecom Pvt. Ltd. v. Union of India has unequivocally determined the breadth of authority that the Appellate Authority holds under Section 107(11) of the...
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Prohibition on Bank Account Attachment After GST Pre-Deposit: Andhra Pradesh High Court Clarifies Legal Position
(i) Introduction and BackgroundThe Andhra Pradesh High Court, in its decision dated September 3, 2025, in the matter of Wingtech Mobile Communications India Pvt. Ltd. v. Deputy Commissioner & Others (...
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GST Refunds for Traders Arising from Inverted Duty Structure Due to Rate Reductions
Introduction and Key QuestionThe central issue here is whether assessees involved in trading activities can seek a refund of accumulated Input Tax Credit (ITC) under an inverted duty structure, specif...
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Recent GST Amendments: Post-Sale Discounts, TDS Procedures, Digital Appeals and Return Filing Deadlines
Introduction to Recent GST ChangesThe Goods and Services Tax (GST) regime has witnessed several notable amendments, aiming to streamline compliance, enhance digitalization, and provide greater clarity...
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Judicial Imperatives Behind the Simplified GST Registration Process under GST 2.0 (Effective from 1 November 2025)
Genesis of the Simplified Registration Initiative(i) Need for OverhaulSince the implementation of the Goods and Services Tax (GST) regime in 2017, obtaining GST registration has been fraught with dela...
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Compounding of Offences under the Income-tax Act, 1961 – 2024 Guidelines
Introduction to Compounding of Income-tax OffencesCompounding of offences is a legal process through which an assessee who has committed prosecutable violations under the Income-tax Act, 1961, can pay...
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Comprehensive Guide to Penalty Provisions under the Income Tax Act, 1961
1. Overview of Penalty ProvisionsThe Income Tax Act, 1961, contains a detailed framework of penalties to ensure compliance by assessees. These sanctions are triggered by delays, inaccuracies, failures...
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Query - Eligibility of Input Tax Credit Re-availment Following Reversal Due to GSTR-2B Mismatch
QueryA GST-registered entity had claimed input tax credit (ITC) of ₹2,00,000 in its GSTR-3B for February 2025 based on an inward supply received in that month. At the time of claiming ITC, the relevan...
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GST 2.0 and Its Impact on Service Sector: A Comprehensive Overview
1. Introduction to GST 2.0GST 2.0 represents a transformative phase in India's indirect taxation, aiming to overhaul not just tax collection but also streamline economic processes nationwide. Built up...
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Clubbing of Multiple Financial Years in a Single GST Show Cause Notice: Legal Perspectives and Practical Considerations
OverviewThe process of issuing a consolidated Show Cause Notice (SCN) or a unified adjudication order covering several financial years under Sections 73 and 74 of the Central Goods and Services Tax (C...
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November 2025 Tax Compliance Calendar
Critical Due Dates for Income Tax and GSTThe November 2025 compliance schedule presents essential deadlines for assessees under both Income Tax and GST regulations. Under the Income Tax Act, 1961, sig...
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GST Implications on Registration and Audit Fees Charged by Co-operative Societies
1. IntroductionThis article explores the Goods and Services Tax (GST) treatment of fees collected by State Government departments, specifically the Registrar of Co-operative Societies, for services su...
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GSTR-9 Annual Return for FY 2024-25: Important Updates to ITC Reporting in Table 6
Introduction: Major Revision in GSTR-9 Table 6 for FY 2024-25The Goods and Services Tax Network (GSTN) has rolled out a crucial revision in Table 6 of the GSTR-9 annual return applicable for the finan...
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Overview of Mandatory GST E-Invoicing: Principles and Rollout
1. Overview of Mandatory GST E-Invoicing: Principles and Rollouti. Purpose and Digitalization EffortsTo combat GST evasion and prevent revenue loss, the Indian government has adopted a phased digital...
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GSTR-9/9C for FY 2024-25: Recent Requirements, Reconciliations, and Best Practices
1. OverviewThe Goods and Services Tax (GST) regime in India has completed eight years, during which it has undergone significant evolution through numerous notifications, circulars, and judicial prono...
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Accelerated GST Registration for Indian SMEs: 3-Day Approval Rollout Effective November 1, 2025
Introduction: Transforming GST Onboarding for SMEsThe landscape for Goods and Services Tax (GST) compliance in India is set for a significant transformation starting November 1, 2025. The GST Council...
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Extended Filing Window for Annual Returns and Financial Statements: No Change in AGM Timeline, Says MCA
Background and Context(i) Introduction of Filing Relaxation under the Companies Act, 2013(a) On October 17, 2025, the Ministry of Corporate Affairs (MCA) issued General Circular No. 06/2025. This dire...
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Checklist for Companies on Form MSME-1 Compliance
Form MSME-1: Comprehensive Guide on Filing Requirements, Applicability, Deadlines, Penalties, and Payment ObligationsOverview of Form MSME-1Purpose and Fundamental ConceptForm MSME-1, also referred to...
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Tax Exemption on Gifts Received from Relatives: Guidance for Proper ITR Reporting
Overview of Gift Taxation and ExemptionsSection 56(2)(x) of the Income Tax Act, 1961 introduces measures to prevent tax evasion through the receipt of gifts. This provision generally brings to tax any...
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Efficient Year-End GST Filing for FY 2024–25: Preparing for GST 2.0 Transition
Significance of Year-End GST Filings(i) Importance for Assessees and ProfessionalsAs the financial year 2024–25 concludes, assessees and their Chartered Accountants (CAs) face the critical task of ens...