"Mohit Jain, an advocate and tax advisor from Delhi, has over ten years of expertise in GST and income tax litigation. He appears before the Delhi High Court, the Commissioner of Income Tax (Appeals), the Income Tax Appellate Tribunal (ITAT), and the GST department and GST Appellate Authority. With a BBA LLB, B.Com., and CA Final* (ICAI) , Mohit offers a unique blend of financial knowledge and legal insight to complicated tax disputes. As the founding partner of MJ Lex Legal Chambers LLP, he represents corporations, HNIs, and companies in direct and indirect tax forums through assessment, appeal, and writ actions. "
POS rules under the IGST Act determine whether services fall under IGST or CGST+SGST in tokenized real estate structures. The key takeaway is that service classification and property location decide tax jurisdiction, not commercial intent.
The framework clarifies GST on rental income and management fees but leaves gaps in other areas. The key takeaway is ongoing uncertainty around property transfers and ITC reversal.
The amendment introduces imprisonment for failure to comply with NFRA orders. Auditors now face criminal consequences beyond financial penalties.
The amendment introduces a statutory route for AIF trusts to convert into LLPs. This enables better structuring but requires investor consent and careful liability assessment.
The issue concerns criminal penalties in corporate law. The key takeaway is that offences are converted into civil penalties, reducing prosecution risk but increasing monetary liability.
This explains how GST scrutiny notices arise and why they are often mishandled. The key takeaway is that timely, accurate replies can prevent escalation into penalties.
India’s new tax law restructures the Income-tax framework without increasing tax burden. The key takeaway is that while compliance becomes simpler, professionals must adapt to major structural changes and renumbered provisions.
The Income Tax Act, 2025 streamlines 800+ sections into 536, codifies decades of judicial rulings, and simplifies compliance for taxpayers and businesses.
The Supreme Court ruled that TDS on payments to non-residents cannot exceed treaty-specified rates, even if PAN is not provided, ensuring DTAA provisions prevail over Section 206AA.
Learn the major updates in GSTR-9 and GSTR-9C for FY 2024-25, including new ITC reporting tables, cross-year tracking, and audit-focused compliance.
