A detailed overview of updated TDS provisions mapping old and new sections, rates, and thresholds. Helps taxpayers understand compliance requirements across all payment categories.
The new law introduces a structured framework for NPO registration, income application, and taxation. It simplifies compliance but imposes stricter monitoring and penalties.
Explains when GST applies to real estate transactions and when sale of land or buildings falls outside GST. The key takeaway is that GST targets construction services, not immovable property itself.
The issue was whether the income-tax e-filing utility could prevent an assessee from making a lawful set-off claim. The High Court held that procedural software cannot override statutory rights and directed that such claims must be allowed.
Learn how Section 67 of the CGST Act empowers authorities to inspect and seize goods or documents, and how taxpayers’ rights are protected.
The mechanism of collection under Goods & Service Tax regime is based on filing of various returns by taxpayers each month/quarter. But the returns filed and tax paid for a particular period is not something which is deemed final, the government authorizes the Central Board of Indirect Taxes and Customs (CBIC) and its officers for […]
A summary of how residential status, determined by stay duration in India, affects the taxability of an individual’s income, including rules for residents, non-residents, and companies.
A summary of the Punjab State Development Tax Act, 2018, as amended in 2025, covering key definitions, tax rates, compliance rules, penalties, and payment requirements.
