Understand the latest ITR form changes for FY 2024-25, including expanded eligibility for ITR-1/4, new disclosure requirements, and updated reporting thresholds.
Calcutta High Court remands Horizon Hi Tech GST appeal after 19-day delay; cites director’s illness, business closure, and tribunal absence.
Understand the distinct roles of shareholders and directors under the Companies Act, 2013. Shareholders own the company, while directors manage its operations.
Introduction “In the realm of Goods and Services Tax (GST), one of the most complex and often misunderstood areas is the Inverted Duty Structure. This arises when the tax rate on inputs (purchases) is higher than the tax rate on outputs (sales). Such a situation disrupts the balance of input-output taxation and leads to the […]
Understand income tax for Indian creators and influencers. Learn about business income, GST, TDS, advance tax, presumptive schemes, and ITR forms.
Understand common GST return filing errors, including ITC mismatches, non-compliance, and valuation issues, that can lead to penalties, interest, and audits.
Understand GST for Indian digital content creators. Learn about GST registration, AdSense income as zero-rated export, LUT filing, domestic brand deal taxation, ITC claims, and common compliance mistakes to ensure tax efficiency.
Calcutta High Court remands Hindustan Construction Co. Ltd.’s VAT assessment challenge, citing issues with “best of judgment” assessment and unsubstantiated 40% addition to Contractual Transfer Price. Directs re-examination.
Karnataka High Court quashes order rejecting Manjeet Singh Chawla’s ‘Nil Tax Deduction Certificate’ request for Flipkart stock option compensation.
Delhi High Court allows Hindustan Construction Company Ltd. to seek rectification for denied ITC in a case challenging a GST order and the validity of Notification No. 56/2023, while the primary issue is pending before the Supreme Court.
