The Court held that the two-year limitation under Section 54 of the CGST Act begins from the date of payment under the correct head. Refund rejection as time-barred was quashed.
Understand when income is received, accrued or deemed in India under the Income Tax Act, 1961, and how residential status determines tax liability.
The Draft Income Tax Rules 2026 offer a number of welcome benefits and procedural clarity for taxpayers. These draft rules are open for public comments until 22 February, after which the Government is expected to notify the final rules for implementation.
A legal and practical analysis of India’s tax complexity, challenges faced by taxpayers, judicial insights, and reforms aimed at simplification and fairness.
Critical analysis of source and residence principles under the Income Tax Act, 1961, covering Section 5, Section 9, treaties, POEM, and digital taxation.
The Tribunal held that early GST filing errors could be inadvertent due to manual systems and remanded the matter for fresh adjudication.
This guide explains the step-by-step process to amend contact details in the GST portal and the 24-hour update timeline. It also highlights the importance of OTP verification and compliance requirements.
The RBI has introduced a consolidated framework covering acquisition finance, loans against securities and CMI lending. The new regime balances flexibility with stricter exposure caps and risk controls.
The New Tax Regime restricts Section 24(b) benefits, disallowing set-off of home loan interest against salary income. Taxpayers must compare regimes carefully before opting.
Understand how SGPA and CGPA are calculated and what each measures. Learn the key differences and why CGPA matters for admissions, scholarships, and campus placements.
