13 Aug, 2025
Background of the Case In the case of M/s Vedanta Ltd v. Principal Commissioner of State Tax (2025), the petitioner challenged a reassessment order passed under Section 73 of the OGST Act, 2017, demanding tax already settled under earlier proceedings. Key facts: Key observations by the Orissa High Court đź“Ś Legal citation: Vedanta Ltd. v. […]
Read More13 Aug, 2025
Is “Cash Only or Pay Online with GST” Legal in India? You’ve seen it — shops, restaurants, salons, even clinics saying:“Cash only” or “GST extra if you pay by UPI/card”.Is this legal? And what does the law say about GST being charged selectively? Let’s break it down with tax rules, legal angles, and what you […]
Read More13 Aug, 2025
â‚ą24 Income Tax Filing Too Good to Be True? Jio Finance’s â‚ą24 income tax filing offer has made waves in tax season 2025. But what does it really include? Is it compliant, reliable, and complete — or just a hook? This blog decodes the â‚ą24 ITR filing deal, its implications, and how it stacks up […]
Read More13 Aug, 2025
Intro:Refund for perishable goods lost due to GST delay is legally valid when loss occurs due to departmental inaction. In a recent case, the High Court not only upheld the refund but also directed a â‚ą50 lakh compensation from the erring officer’s pocket. Key grounds: Legal Reference: Compensation for GST Officer’s Misuse of Power Case […]
Read More13 Aug, 2025
Summary The Indian government has introduced simplified income tax and GST reforms aimed at easing compliance for small taxpayers. Key updates include higher threshold limits, relaxed return filing norms, and amnesty schemes. Here’s a complete breakdown with rules, expert tips, and official references. Simplified Income Tax and GST Reforms for Small Taxpayers The simplified income […]
Read More13 Aug, 2025
GST Impact on Circular Economy in India A recent CSE study has raised red flags over how India’s Goods and Services Tax (GST) structure is hurting the circular economy—a model based on reuse, repair, refurbishing and recycling. High tax rates and input credit restrictions are discouraging sustainable practices and inflating compliance costs for small repair […]
Read More08 Aug, 2025
Intro GST Amnesty Scheme eligibility was recently challenged in the Delhi High Court after a taxpayer could not avail benefits due to the non-availability of an amended DRC-07 on the GST portal. The Court stepped in, directing authorities to upload the amended order within two weeks, reinforcing the principle that procedural gaps should not deprive […]
Read More08 Aug, 2025
Vodafone Idea GST Demand What Happened? The Central Board of Indirect Taxes and Customs (CBIC) has issued a demand of â‚ą21.39 crore GST to Vodafone Idea Limited, alleging short payment of tax under the Reverse Charge Mechanism (RCM). This demand stems from the company’s procurement of certain services from abroad, which, according to authorities, attracted […]
Read More08 Aug, 2025
Intro Cash payments in freelance work may seem convenient, but they can expose you to tax scrutiny, legal risks, and even penalties. In India, the Income-tax Act and RBI guidelines impose strict limits on cash transactions. Ignoring these rules can hurt your credibility and future income opportunities. Why Cash Payments Can Be Risky 1. Income […]
Read More08 Aug, 2025
Intro GST fraud via fake invoices has once again made headlines after an accountant hacked his employer’s GST portal, allegedly generating fake invoices to siphon off â‚ą1.80 crore. This case is a stark reminder that GST compliance is not just about filing returns—it’s also about securing access and preventing insider misuse. The Case in Brief […]
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