Stay Informed
Tax laws and business regulations change constantly in India. Missing an update can lead to unexpected tax notices and heavy penalties. Our experts decode the jargon so you stay 100% compliant.
Latest Articles
Plain-language summaries of recent CBDT circulars, GST notifications, case law, and MCA regulations.
Loading updates…
Get Started
Don't let regulatory changes catch you off guard. Connect with an expert to assess how these updates impact your specific business model.
The ITR filing deadline for FY 2025-26 is July 31, 2026. Tax experts advise against filing before June 15 to ensure all documents are updated, as early submissions may lead to discrepancies and incorr…
The article explains how buyers can lose Input Tax Credit even after paying suppliers on time if the supplier fails to deposit GST with the Government. The post Section 16(2)(c) and 180 Day Rule: How…
Fintech major PB Fintech, the parent company of Policybazaar and Paisabazaar, has received SEBI approval for its wholly owned subsidiary…
ITAT Indore set aside the appellate order denying TDS credit after the assessee produced Form 16A and Form 26AS showing deduction and payment of tax by the deductor. The matter was remanded to the Ass…
The article explains that architectural, accommodation, and related immovable property services are governed by Section 12(3) of the IGST Act. It clarifies that the place of supply is linked to the pr…
The ITAT Ahmedabad held that a demolished and uninhabitable structure could not be treated as a residential house for Section 54F purposes. The Tribunal upheld the assessee’s eligibility for capital g…
The ITAT Mumbai ruled that income earned by a securitisation trust created under the SARFAESI Act was taxable in the hands of Security Receipt holders because the trust qualified as a revocable trust…
The ITAT Indore held that Section 50C could not be invoked where the difference between actual sale consideration and stamp duty valuation was only 1.19%. The Tribunal directed adoption of actual sale…
The ITAT Ahmedabad held that Form 10-IE filed along with the return could not be ignored merely because it was not filed within the due date under Section 139(1). The Tribunal directed CPC to recomput…
ITAT Hyderabad held that deduction under Section 80JJAA cannot be denied merely because Form No. 10DA was filed late due to technical glitches on the income tax portal. The Tribunal noted that the for…
The ITAT Rajkot held that mere disallowance of expenditure during assessment proceedings does not automatically justify penalty under Section 271(1)(c). The Tribunal found no concealment or furnishing…
The Telangana High Court restored an income tax appeal after finding that notices were not sent to the consultant’s address mentioned in the appeal memo. The Court condoned a delay of 2913 days subjec…