Govt issues IGST rate changes effective 22 Sept 2025, revising rates on transport, courier, postal, delivery, job work, and service categories.
GSTAT rules Mallikarjuna Cinema Hall profiteered by Rs. 16.5 lakhs by failing to pass GST rate reductions on cinema tickets to consumers between Jan-June 2019. Tribunal rejects arguments on state regulations and market dynamics.
Learn about the NFRA-2 Annual Return, a mandatory filing for specified auditors. Discover who must file, the reporting period, and the required contents of the form.
The ICAI addresses the CBIC on legal and practical issues with a new circular assigning all-India jurisdiction for GST appeals, requesting policy changes and portal updates.
The ICAI suggests solutions to enhance GST adjudication, focusing on clearer show-cause notices, structured personal hearings, and detailed orders to improve procedural fairness.
The Institute of Chartered Accountants of India (ICAI) proposes practical solutions for GST issues in registration, refunds, ITC, and adjudication to improve taxpayer compliance and ease of doing business.
An overview of Section 143(2) of the Income-tax Act, 1961, covering the purpose of the notice, statutory time limits, judicial constraints, and procedural steps.
Examines the evolution of financial fraud in India’s digital economy, covering legal frameworks, challenges, and judicial responses to cybercrime.
An analysis of Sections 263 and 264 of the Income-tax Act, 1961. It details the conditions, scope, and judicial precedents for these revisional powers.
The Karnataka High Court has acquitted an assessee, holding he cannot be criminally prosecuted for tax evasion when his Chartered Accountant fraudulently manipulated a payment challan after receiving the full tax amount.
