"E Tax Mantra was founded in 2013 with the aim of setting a standard for high-quality, value-added professional services in Goods and Service Tax, Accounting, and Income Tax. Over the past 12 years, the firm has expanded its offerings to include consulting, compliance support, and representation in the realm of indirect taxes. We are recognized as a trusted name, known for our commitment to excellence in service delivery, emphasizing value addition and a client-centric approach. Our up-to-date knowledge in indirect taxation, combined with extensive industry experience, has established the firm as a leader in indirect tax services. Our expertise spans Goods and Service Tax, accounting, and direct tax. There is this notion that GST compliance is monotonous, boring, and tiring. But we know that there is a better way to tax! We believe GST compliance is no longer a tick on the businessman's task list. It is fast transforming into a core business process. That is why, at E Tax, we believe in the easy implementation of GST."
Karnataka High Court held that consolidated show cause notices under Sections 73 and 74 of the CGST Act can legally cover multiple financial years. The Court ruled that the law does not restrict GST notices to a single tax period.
The new BER-SER structure separates GST from commissions, reducing base payouts. Non-registered distributors face direct income loss as GST is no longer embedded.
Notice pay recovery is treated as a contractual penalty, not a consideration for service. The key takeaway is that such recoveries do not qualify as ‘supply’ and are not liable to GST.
GST liability depends on correct determination of place of supply. The rules define whether a transaction is intra-State or inter-State.
Individual term and health insurance premiums become GST-free from 22 September 2025. Agent commissions and mutual fund distribution taxes remain unchanged, preserving existing compliance rules.
Electric car adoption in India is slowed by high costs, primarily driven by expensive, imported lithium-ion batteries and a higher quantity of semiconductor chips per vehicle.
A detailed comparison of key provisions in the Income Tax Act, 1961, and the proposed Income Tax Bill, 2025, highlighting major changes and updates.
Understand the changes to the Cost Inflation Index for FY 2024-25, including indexation removal on long-term capital gains and new tax rules for assets post-July 23, 2024.
Budget 2025 brings key GST amendments, affecting ITC claims, compliance, and penalties. Learn how these changes impact businesses, real estate, and logistics.
SC clarifies ITC on construction under GST, applying the functionality test. High Court to decide if malls qualify as plants for ITC eligibility.
