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Revised Approach to Service of GST Notices: Essential Change Proposed in Section 169
Overview: Addressing Gaps in Service of GST CommunicationsSection 169 of the Central Goods and Services Tax (CGST) Act, 2017 currently lays down multiple methods for serving notices, orders, summons,...
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Provisional Attachment under GST: Legality of Renewal After One Year
Overview of Section 83 of the CGST Act: Protective Provisional Attachment(i) Legislative Intent and ScopeSection 83 of the Central Goods and Services Tax Act, 2017 (“CGST Act”) grants the Commissioner...
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Revised Guidelines on ITC Set-Off Mechanism under GST
Introduction: Understanding the ITC Set-Off Sequence under GSTUnder the Goods and Services Tax (GST) regime, specific provisions under Section 49, Section 49B, and Rule 88A stipulate the order in whic...
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GST Exemption on Paper Products Based on End-Use: Compliance Challenges and Solutions
Introduction: GST Rate Changes for Paper ProductsThe 56th GST Council meeting, held on September 3, 2025, brought about significant changes to the GST rate structure for paper and paperboard items und...
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How Software Utilities Are Overriding Tax Law: Issues in LTCG Computation under Amended Section 112
IntroductionSection 112 of the Income-tax Act, 1961, underwent a transformative amendment via the Finance (No. 2) Act, 2024, becoming effective from July 23, 2024. The new provisions under Section 112...
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Understanding Tax Implications on Property Purchases in India
Overview of Property Acquisition Taxes in IndiaAcquiring immovable property in India involves various tax obligations at both the State and Central levels. At the State level, stamp duty and registrat...
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Comprehensive Guide for Online GSTIN Application in 2025
Introduction to GSTINWhat is a GSTIN?The Goods and Services Tax Identification Number (GSTIN) is a distinct 15-digit code allotted to every entity registered under the GST framework, as stipulated by...
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GST 2.0: Impact on Imports, Customs Duties, IGST, and Compensation Cess
Overview of GST 2.0 Reforms Affecting Imports and Cess LiabilitiesThe 56th GST Council meeting, convened on 3rd September 2025, endorsed broad-based rate adjustments and framework modifications, colle...
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Tax Deduction at Source (TDS) on Salaries under the New Income Tax Act, 2025
Overview of TDS on Salaries as per Section 392The Income Tax Act, 2025, consolidates and largely preserves the provisions previously found in Sections 192 and 192A, now encapsulated under Section 392....
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Tax Rebate under Section 87A: Short-Term Capital Gain Controversy and ITAT Decision
Introduction to Section 87A Tax RebateSection 87A of the Income-tax Act, 1961, offers a direct reduction in tax liability for resident individuals whose total income stays within a specified threshold...
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Overview of ITAT Pune’s Ruling under Section 263: Scrutiny of Advances for Property Acquisition
1. Overview of ITAT Pune’s Ruling under Section 263: Scrutiny of Advances for Property Acquisition(i) IntroductionThe Pune Bench of the Income Tax Appellate Tribunal (ITAT) recently addressed the scop...
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Incentivizing Korean Investment in Indian Semiconductor Sector through Favorable Taxation
Introduction: India's Drive Toward Semiconductor LeadershipIndia’s government has recognized the pivotal role played by the semiconductor industry in the advancement of technology. To accelerate India...
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Revised Compliance for Post-Sale Discounts & Input Tax Credit (ITC) Reversal: CA Certificate Requirement Withdrawn
Overview of the Recent ChangeThe Central Board of Indirect Taxes and Customs (CBIC), through Circular No. 253/10/2025-GST dated 1st October 2025, has rescinded its earlier guidance contained in Circul...
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Revised GST Rates Effective from 22nd September 2025 – Thematic Overview Based on Notifications 11 to 17/2025 (Central Tax Rate)
1. OverviewThe 56th meeting of the GST Council introduced substantial modifications to GST rates on select goods and services. These modifications were formally implemented through Notifications No. 1...
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Impact of GST Rate Reduction: Consumer Gains Versus Industry Concerns Over Existing Inventory
Overview of GST 2.0 Reformsi) The Major Changes AnnouncedOn September 3, 2025, the GST Council convened for its 56th meeting and introduced wide-ranging reforms collectively termed “GST 2.0.” Effectiv...
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Mandatory Time Limit for Disposal of GST Rectification Applications: Insights from Madras High Court Ruling
Background and Legal Contexti) Overview of the CaseIn the matter of Manu Blue Metals and M. Sand v. State Tax Officer (W.P. No. 16407 of 2024), the Madras High Court examined whether applications for...
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Bombay High Court: No Writ Petition Maintainable for GST Appeals Filed Beyond Statutory Limitation Period
Background and Legal Context(i) Introduction to the Case(a) In the matter of MAP Overseas v. Union of India & Others, the Bombay High Court addressed the issue of whether an assessee can seek relief u...
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Section 37 of the Income-tax Act, 1961: Deduction of Business Expenditure – A Comprehensive Analysis
1. Overview and Legislative FrameworkSection 37(1) of the Income-tax Act, 1961 serves as the comprehensive provision for deduction of business or professional expenses that are not expressly mentioned...
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Why Assessees Claiming Excessive Deductions May Face Tax Scrutiny
Overview of Deductions and Exemptions under the Income-tax Act, 1961i) Range of Available DeductionsThe Income-tax Act, 1961 offers various deductions and exemptions to relieve the tax liability of as...
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Overview of GSTAT Appeals: Digital Filing and Updated Procedures
1. Overview of GSTAT Appeals: Digital Filing and Updated Procedures1(i). Introduction to GST Appellate Tribunal (GSTAT)The Goods and Services Tax Appellate Tribunal (GSTAT) has been constituted as a s...