28 Jun, 2025
GST Penalty Notice Challenged: Know What Calcutta HC Ruled A recent judgment from the Calcutta High Court has once again brought focus to the legality of penalty notices issued post search operations under GST. In a significant interim relief, the Hon’ble Court restrained the revenue department from proceeding further after a taxpayer challenged the penalty […]
Read More28 Jun, 2025
GST Notice on Portal Not a Valid Service: Know Your Rights If you’ve received a GST demand notice that was only uploaded to the portal and not directly communicated to you—here’s why it may not be legally valid. The Delhi High Court and other rulings have reaffirmed that “GST notice on portal” alone is not […]
Read More28 Jun, 2025
NRI Income Tax Filing Checklist for FY 2024-25 Non-Resident Indians (NRIs) must file their Income Tax Return (ITR) in India if they earn income here. From rental income to capital gains, understanding tax obligations is key to avoiding penalties and ensuring compliance. This guide provides a complete checklist for NRI to file ITR, along with […]
Read More28 Jun, 2025
New India Assurance gets ₹2,298 crore GST show cause notice India’s largest general insurer — New India Assurance Co. Ltd — has received a ₹2,298 crore GST show cause notice from the Directorate General of GST Intelligence (DGGI). The notice reportedly pertains to unpaid GST liabilities on co-insurance premium and reinsurance commission transactions. This development […]
Read More27 Jun, 2025
GST Council 56th Meeting: What to Expect Next on GSTAT, Rates & Rules Key discussions are expected on GST Appellate Tribunal (GSTAT) finalisation, possible rate changes, and streamlined GST registration norms—building on the momentum from the 55th meeting. Summary Key updates may include procedural clarity, relaxation for MSMEs, and formal notification of tribunal benches. A […]
Read More27 Jun, 2025
56th GST Council Meeting: What to Expect in 2025 The 56th GST Council Meeting is expected to bring crucial decisions that can significantly reshape India’s indirect tax framework. With GST revenue stabilizing and legal issues piling up, taxpayers, consultants, and policymakers are closely watching for key reforms. Let’s break down what to expect — especially […]
Read More27 Jun, 2025
Dividend Deduction Under 22% Corporate Tax Regime May Return Dividend deduction under 22% corporate tax regime could be back on the table soon. The Finance Ministry is reportedly reviewing the current limitations under Section 115BAA of the Income-tax Act, 1961 — a move that could benefit lakhs of companies in India. What Is Section 115BAA? […]
Read More27 Jun, 2025
Tata Steel gets ₹890 crore GST notice Key insights for Indian taxpayers In a recent development, Tata Steel has received a GST demand notice of ₹890 crore, which includes tax, interest, and penalty. This case highlights how large GST liabilities can arise even for well-established companies—and offers lessons for every Indian business on compliance, audit […]
Read More27 Jun, 2025
GST reforms in India: What’s coming next? A recent upbeat survey among industry stakeholders and tax professionals signals strong optimism for GST reforms in India. From simplified compliance to rationalised rates, expectations are high that the government will introduce next-gen changes to make the GST regime more efficient and business-friendly. Let’s decode what could be […]
Read More27 Jun, 2025
Madras HC Ruling Offers Relief on Missed GST SCN Reply If your GST registration was cancelled without a proper chance to respond, you’re not alone. A recent Madras High Court judgment has granted taxpayers a second opportunity—even if the Show Cause Notice (SCN) wasn’t replied to on time. Here’s what you need to know about […]
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