No Recovery on mismatch of GSTR-1 & 3B, as Self-Assessed Tax under Section 75(12) of the CGST Act
The Hon’ble Gauhati High Court (Kohima Bench) in M/s ITI Ltd. v. Union of India & Ors. [WP(C)/150/2024 dated March […]
Does claiming depreciation on a portion of the tax component bar under the GST law
The Hon’ble Kerala High Court, in the case of M/s South Indian Bank Ltd. v. Joint Director, Directorate General of
CBDT Extends Due Date for Issuance of TDS Certificates for Q3 of FY 2025–26
The Central Board of Direct Taxes (CBDT), vide Circular No. 02/2026 dated March 25, 2026, has extended the due date
Supreme Court dismisses Fox Mandal’s plea over ₹3.9 crore service tax dispute
The Supreme Court on Wednesday dismissed a plea filed by law firm Fox Mandal & Co challenging the scope of
LIC receives ₹6,146.71 crore income tax demand order for FY22; plans to appeal
Life Insurance Corporation of India has received a demand order from the Income Tax Department for the financial year 2021–22,
CAG flags Rs 1,234 crore unverifiable GST records amid systemic lapses in Gujarat
A CAG report tabled in the Gujarat Assembly has exposed systemic gaps in GST enforcement, flagging Rs 2,606.62 crore in
FM defends GST rate cuts, cites auto sales and rural PV, tractor growth
Union Finance Minister Nirmala Sitharaman on Wednesday defended the September 2025 GST rate rationalisation in the Lok Sabha, citing a
DBS Bank India launches direct tax payment facility for individuals, businesses
DBS Bank India on Monday announced the launch of its direct tax payment facility, following authorisation from the Central Board
CRISIL faces ₹121 crore tax demand, to challenge reassessment order
CRISIL Limited has received a reassessment order from the Income Tax Authority for AY 2017–18, resulting in a demand of
Income Tax Rules 2026: What changes for credit card users from April 1
Effective April 1, 2026, credit cards will function as extensions of tax identities under a new Income Tax framework. The
