This article examines how natural justice focuses on the fairness of decision-making processes rather than the correctness of outcomes. It highlights the legal safeguards that protect individuals against arbitrary exercise of power.
The new Income-tax Act, 2025 replaces the old survey framework with a streamlined regime under Section 253. It expands digital record access while introducing approval requirements, retention limits, and taxpayer safeguards.
The Income Tax Act, 2025 reintroduces a dedicated block assessment mechanism for search cases. The framework simplifies post-search assessments by focusing on undisclosed income detected during the search.
GSTN has announced mandatory Ship-To GSTIN reporting and a new E-Way Bill closure facility. Businesses must update systems and processes to comply with the enhanced requirements.
Taxpayers with foreign assets, high income, capital gains, or business complexities cannot file simplified ITR forms. Using the wrong form may result in defective returns and compliance notices.
The Income Tax Act 2025 has overhauled the 1961 law by introducing new section numbers, a unified “Tax Year,” and simplified compliance structures. The article explains the key renumbered provisions taxpayers must now remember.
The Income-tax Act, 2025 replaces old Sections 68 to 69D with a simplified sequential structure under Sections 102 to 106. The changes aim to improve clarity while retaining existing tax liabilities on unexplained income and assets.
The Income Tax Act, 2025 replaces Sections 44AD, 44ADA, and 44AE with a unified Section 58 framework. While the structure has been simplified, presumptive taxation rates and turnover limits largely remain unchanged.
Explains the complete process for filing appeals before GSTAT, including the three-month limitation period and mandatory pre-deposit requirements. Highlights that compliance with procedural rules is essential for admissibility and automatic stay of recovery.
The new law replaces complex provisions with a streamlined structure and fewer sections. It makes compliance easier while retaining core tax principles.
