21 Jul, 2025
Patiala Division Leads GST Growth in Punjab Patiala division has recorded the highest Goods and Services Tax (GST) growth rate in Punjab for FY 2024–25, with an impressive 23% increase in GST collections. This trend, officially released by the Punjab Excise and Taxation Department, signals not only improved compliance but also a stronger regional business […]
Read More21 Jul, 2025
Summary The Select Committee’s report on the Income-Tax Bill, 2025 outlines proposed reforms in taxation of digital assets, reassessment timelines, and small business reliefs. Here’s a simplified breakdown for Indian taxpayers. Income-Tax Bill 2025: Key Takeaways from the Select Committee Report The Income-Tax Bill, 2025 is one of the most anticipated tax reforms of the […]
Read More21 Jul, 2025
ITR-2 Online e-Filing: Enabled but Still Glitchy in FY 2024–25 The ITR-2 online e-filing portal is now active for AY 2025–26. While this comes as a relief for salaried individuals with capital gains, many tax professionals are reporting persistent bugs in the Income Tax portal. From section mismatches to prefill errors, here’s what you need […]
Read More21 Jul, 2025
ITC Blocked Under Rule 86A? Madras HC Offers Hope If You File Appeal If your GST Input Tax Credit (ITC) has been blocked under Rule 86A of the CGST Rules, there’s good news. In a recent judgment, the Madras High Court ruled that if a taxpayer files an appeal under Section 107 by paying 10% […]
Read More21 Jul, 2025
GST Limitation Extension: What You Must Know Under GST, extension of limitation period isn’t automatic. It requires strict conditions—mainly that a force majeure event like a natural disaster or pandemic made timely compliance impossible. This rule, introduced during COVID-19 via amendments to CGST Act and government notifications, continues to be cited in legal battles—most recently […]
Read More21 Jul, 2025
Fake ITC Penalty under Section 122(1A): What Delhi High Court Just Ruled The focus keyphrase Penalty for fake ITC took centre stage in a recent Delhi High Court judgment, where the Court dismissed a writ petition filed against GST penalties under Section 122(1A) of the CGST Act. The petitioner was linked to fake firms that […]
Read More21 Jul, 2025
Auto-Populated Liabilities in GSTR-3B Return Reintroduced from July 2025 The GST Network (GSTN) has officially announced this reactivation, after a temporary relaxation given earlier. This blog simplifies what this change means for businesses and tax filers. What Is Table 3.2 in GSTR-3B? Table 3.2 captures details of inter-State outward supplies to unregistered persons, composition taxpayers, […]
Read More21 Jul, 2025
No Service Tax on Construction to Semi-Govt Firms: Legal Clarity The focus keyphrase “No Service Tax” is crucial for professionals involved in public contracts. A recent CESTAT ruling has reaffirmed that no Service Tax is payable on construction services rendered to semi-government entities if the project is for public welfare or government functions. What the […]
Read More21 Jul, 2025
GST e-way bill error penalty quashed by Allahabad HC The Allahabad High Court recently quashed a GST penalty imposed solely due to a technical error in the e-way bill. This judgment offers major relief to transporters and businesses penalised for procedural lapses despite genuine intent and valid tax compliance. In this blog, we break down […]
Read More21 Jul, 2025
GSTR-3A Notices to Cancelled Composition Taxpayers: What You Need to Know On 20 July 2025, the GSTN issued an advisory clarifying an error in GSTR-3A notices sent to cancelled composition taxpayers. If you’re one of the affected businesses, here’s what this means—and what action you should (or shouldn’t) take. What is GSTR-4 and Why Are […]
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