14 May, 2025
Fraudulent Orders? GST Still Applies, Rules Gujarat AAR Focus Keyphrase: GST on fraudulent ordersIf you’re a supplier who got tricked into delivering goods through a fake order—can you avoid paying GST?According to a recent ruling by the Gujarat Authority for Advance Ruling (GAAR), the answer is no. GST must still be paid, even if the […]
Read More14 May, 2025
GST Appeal Withdrawal Advisory under Waiver Scheme The GST appeal withdrawal under waiver scheme is now streamlined with the latest advisory from GSTN. This move follows the government’s amnesty initiative under Section 128A of CGST Act, helping taxpayers close old disputes and avoid hefty penalties. What is the GST Waiver Scheme About? What GSTN’s Advisory […]
Read More14 May, 2025
68% of IT Workers Missed ₹49,000 in Tax Savings – Why? Did you know?As per recent data*, nearly 7 out of 10 salaried IT employees in India missed claiming up to ₹49,000 in tax deductions simply due to poor planning or lack of awareness. This blog will break down common mistakes and show how you […]
Read More14 May, 2025
Do Mutual Fund Gains Disqualify You from Section 87A Rebate? If you’re a salaried taxpayer or a small investor filing under the New Tax Regime for FY 2025–26, you may wonder: “Will my mutual fund gains take away my ₹25,000 rebate under Section 87A?” Here’s the clarity based on Income Tax rules, expert insights, and […]
Read More14 May, 2025
E-Way Bill Generation Hits 11.93 Crore in April 2025 India recorded a massive 11.93 crore E-Way Bills in April 2025 — the second-highest monthly total ever, according to the GSTN. This surge reflects not just a rise in goods movement, but also signals increasing tax compliance, digitisation, and robust business activity. For Indian taxpayers and […]
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Summary The Gujarat High Court ruled in favor of the taxpayer under the Vera Samadhan Yojna, 2019, emphasizing that procedural compliance outweighs strict literal reading. HC Ruling Reinforces Fairness Under Amnesty Scheme 2019 But a recent Gujarat High Court decision clarified a key interpretation: when the taxpayer has made substantial procedural compliance, the benefit of […]
Read More14 May, 2025
Introduction:Countervailing duty on Vietnamese tempered glass has been officially imposed by the Indian government to shield domestic solar manufacturers from unfair subsidies offered by Vietnam. The move follows an investigation by the Directorate General of Trade Remedies (DGTR) and aligns with India’s trade defense policy. What is Countervailing Duty (CVD)? Background: Why Vietnamese Glass Was […]
Read More14 May, 2025
Telangana Pollution Control Board Gets Tax Exemption u/s 10(46) In a recent notification, the Central Board of Direct Taxes (CBDT) granted income tax exemption to the Telangana State Pollution Control Board (TSPCB) under Section 10(46) of the Income-tax Act, 1961. This exemption, published via Notification No. 41/2025 dated 29.04.2025, ensures that specified income of the […]
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AAR Can’t Decide Service Tax Cases Here’s What You Need to Know If you’ve ever approached the Authority for Advance Ruling (AAR) to clarify tax matters, here’s a legal twist: AAR has no jurisdiction to rule on taxability under the Finance Act, 1994, which governed service tax before GST came into force. Let’s break it […]
Read More14 May, 2025
Why Input Tax Credit Reform Is Now Urgent Input tax credit reform is one of the most awaited demands from Indian businesses. The current rules under the GST regime have become increasingly complex, leading to blocked working capital, refund delays, and rising litigation. Let’s break down why reforms are needed, what the industry is demanding, […]
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