Gross Direct Tax collections for FY 2024-25 grow by 22.19%. Net Direct Tax collections up 20.99%. Advance Tax collections hit Rs. 1,48,823 crore (+27.34%). Refunds: Rs. 53,322 crore.
Learn about credit and debit notes under GST, their issuance circumstances, provisions, and impact on tax liabilities for accurate invoicing and compliance.
Compilation of GSTR-1 due dates and relevant extension notifications to help businesses stay compliant with India’s GST system. Stay updated with the latest deadlines and notifications.
GSTR-3B due dates and extensions: Stay updated on monthly GSTR-3B filing deadlines for compliance. Access detailed schedules and notifications for timely filing.
Gross GST revenue for May 2024 stands at ₹1.73 lakh crore, marking a 10% y-o-y growth. FY 2024-25 collection till May is ₹3.83 lakh crore, up 11.3%.
Delhi High Court sets aside an ex-parte order, emphasizing the importance of considering taxpayer replies in GST proceedings.
Allahabad High Court rules that without intent to evade tax, penalties under Section 129(3) of UP GST Act are unsustainable. Prahlad Rai Vijay Kumar case.
Learn how to make necessary corrections to GSTR-1 and GSTR-3B for FY 2023-24 before the October 2024 deadline to avoid penalties and interest.
Learn about the Allahabad High Court’s ruling in Mid Town Associates Vs Additional Commissioner Grade-2 (Appeal) regarding penalty proceedings for non-production of E-way bill. Discover why mens rea is crucial in tax evasion cases.
Madras High Court sets aside an order passed on the same date as the show cause notice, citing lack of natural justice. Analysis of Pithamber Distributors Vs Assistant Commissioner case.
