Courts have held that reassessment proceedings must be based on the reasons recorded before issuing notice under Section 148. If no addition is made on the issue forming the basis of reopening, the reassessment may become invalid.
From 1 January 2026, GST becomes a system-driven regime with mandatory validations and irreversible deadlines. Businesses must ensure strict compliance to avoid return blocks and registration disruptions.
The Union Budget 2026–27 proposes a High-Level Committee, NBFC restructuring, and bond market expansion to strengthen India’s banking system. The reforms aim to enhance governance, credit delivery, and long-term financial stability.
The post-2021 regime makes limitation a jurisdictional threshold, not a curable defect. Notices issued beyond time are void regardless of merits, reinforcing finality in assessments.
Consolidated GST notices are common but risky. Their validity depends on strict compliance with year-wise limitation and clear allegations for each period.
Courts have ruled that notices or orders issued by a Jurisdictional AO under the faceless regime are void due to lack of authority. Jurisdictional defects are incurable, and taxpayers should raise objections early to secure annulment.
The article emphasizes using December to review personal growth across career, family, health, creativity, and spirituality before entering the New Year.
The law does not require uploading geo-tagged photographs when adding an additional place of business under GST. The key takeaway is that such demands are procedural, not statutory.
This article explains the exact conditions under which a housing society must register under GST. The key takeaway is that registration is required only when both the ₹7,500 per-member charge and ₹20 lakh turnover limits are crossed.
Learn to address crucial Income Tax notices like 143(1), 143(2), 148, 139(9), and 245. Timely, informed action prevents penalties, best judgment assessment, and legal issues.
