News

Understand GST (RCM) and TDS implications for Indian companies importing software services from foreign vendors, including place of supply and FTS ...
A critical aspect of GST legislation pertains to issuance of show cause notices (SCNs) and assessment orders in case of short payment or non-payment of tax. Sections 73 and 74 of CGST Act deal ...
Learn the procedures to pause and reset the 12A renewal timeline for NGOs under the Income Tax Act. Key deadlines, compliance ...
CBDT Circular 9/2025 provides relief from higher TDS/TCS rates for inoperative PANs linked to Aadhaar by specific deadlines, ...
The West Bengal Authority for Advance Ruling rejected KANISKA Engineering Industries LLP's application concerning Input Tax Credit on warehouse construction due to ...
The West Bengal AAR ruled that Webel Support Multipurpose Service Cooperative Society Limited, a sub-contractor, is not eligible for GST exemption on pure labor services to NKDA via ...
CBDT Notification 120/2025 grants income tax exemption to Greater Ludhiana Area Development Authority from AY 2024-25, per Section 10(46A) of the Income-tax ...
The IFSCA has issued new regulations for TechFin and Ancillary Service Providers in International Financial Services Centres, outlining registration, eligibility, and operational ...
The Supreme Court dismissed an SLP, affirming an interim High Court order that limits Input Tax Credit blocking to 10% of the demand under Rule 86A of CGST ...
In this blog post, I’ll break down what these schedules are, provide real-world examples, and explain how to report them on the Income Tax e-Filing portal. Plus, I’ll touch on the kind of notices you ...
ITAT Mumbai rules cooperative housing societies can claim Section 80P(2)(d) deduction on interest from co-operative banks. Interest from nationalized banks is not ...
Supreme Court cancels bail for a former Patna care home superintendent accused of exploiting inmates. The decision overturns a High Court ...