14 Jun, 2025
Intro Paragraph CBDT probe on crypto tax evasion has intensified, putting thousands of Indian crypto investors under the scanner for not disclosing Virtual Digital Assets (VDAs) or paying due taxes. If you hold or trade crypto, here’s what you must know to stay compliant and avoid penalties. What Triggered the CBDT Probe on Crypto Tax […]
Read More14 Jun, 2025
Introduction Notice of Demand plays a key role in tax compliance. Under Indian tax law, it directs taxpayers to pay tax dues within a specified time. This blog compares Clause 289 of the Income Tax Bill, 2025 with Section 156 of the Income-tax Act, 1961, highlighting key changes every taxpayer and consultant should know. What […]
Read More14 Jun, 2025
Advance Tax Due Date June 2025 Who Should Pay and How Advance Tax Due Date June 2025 is an important deadline for taxpayers in India. If your tax liability exceeds ₹10,000 after TDS, you must pay advance tax in instalments. Missing it can invite interest under Sections 234B and 234C of the Income Tax Act, […]
Read More14 Jun, 2025
Pending GST Appeals in Gujarat Seven Years, 700+ Cases The focus keyphrase “Pending GST Appeals” has troubled businesses and professionals in Gujarat for years. Despite seven years since GST implementation in July 2017, over 700 GST appeals remain unresolved in the state, causing uncertainty and blocking working capital. In this blog, Efiletax explains why these […]
Read More14 Jun, 2025
Traders Air Grievances at GST Panel Meeting Key Issues At a recent GST grievance redressal meeting, traders air grievances regarding rising compliance costs, delayed refunds, and frequent portal glitches. Such sessions, conducted by State and Zonal GST grievance committees, aim to bridge gaps between taxpayers and the administration. Below is a simplified breakdown of what […]
Read More14 Jun, 2025
IntroductionGST registration cancellation is a serious action under Indian tax law. As per recent High Court rulings, GST registration cancellation cannot be done mechanically without considering the taxpayer’s reply, statements, and evidence provided during verification. This blog explains your rights and the correct legal procedure. When Can GST Registration Be Cancelled? Authorities may cancel your […]
Read More14 Jun, 2025
Introduction: Ease of Doing Business remains a top priority for the Finance Ministry. In a major move, Finance Minister Nirmala Sitharaman has announced tighter reviews of tax departments to ensure faster refunds, time-bound DGGI investigations, and better taxpayer services. This could significantly reduce compliance stress for individuals and businesses alike. What’s Changing in Tax Administration? […]
Read More14 Jun, 2025
Madras High Court Quashes GST Deadline Extensions The Madras High Court quashes GST deadline extensions for FY 2017–18, 2018–19, and 2019–20. This significant ruling affects thousands of pending GST assessments and demands. Let’s break down what this means for taxpayers and GST officers. What Was Extended? These relied on Section 168A of the CGST Act, […]
Read More13 Jun, 2025
GST Exemption on ₹5 Lakh Health Insurance A Boon for the Middle Class? The GST exemption on ₹5 lakh health insurance is emerging as a potential game-changer for millions of middle-class Indians. If implemented, this could make health premiums more affordable and accessible. But what does it mean practically for taxpayers and insurers? What’s the […]
Read More13 Jun, 2025
Intro:The Finance Minister is set to hold a high-level brainstorming conclave with GST, customs, and income tax officials. This strategic meeting is expected to shape India’s next phase of tax reforms and compliance measures. From tech-driven enforcement to taxpayer services — here’s what the discussion could cover. What Is the FM’s Brainstorming Conclave? The Ministry […]
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