n: The Court ruled that denying ITC for supplier non-compliance results in cascading tax. Authorities must ensure GST taxes only value addition and not penalise genuine buyers.
Explains how EDPMS enables real-time tracking of shipments and payments, ensuring quicker fund realisation for exporters.
Explains correct reporting of taxable turnover in GSTR-9 and highlights the key takeaway—actual annual turnover must be accurately reflected despite return mismatches.
Explains when overseas real estate investment is permitted and highlights the key takeaway—funding, structure, and disclosure matter as much as the purchase itself.
यह लेख बताता है कि EDPMS कैसे निर्यात भुगतान की निगरानी करता है और समय पर अनुपालन क्यों आवश्यक है।
The Department is flagging possible non-disclosure of foreign assets for AY 2025-26 using global data. The key takeaway is that timely revision can prevent penalties and future scrutiny.
Stay organised with these 8 digital record-keeping tips for small business owners that will help you secure files, streamline storage, and reduce daily stress.
GST Audit Checklist Explained: Compliance Failures That Trigger Tax, ITC Reversal & Deemed Supplies; GST Audit Reveals ITC Risks Due to Section 16, Rule 42/43 & RCM Non-Compliance; GST Audit Checklist: Why Incorrect Classification, LUT Lapses & Export Errors Invite Scrutiny; GST Audit Findings Explained: Vendor Payment Delays, Capital Goods Sale & ITC Reversal Issues; […]
In the last two years, dozens of Indian startups—across SaaS, D2C, fintech, and tech sectors—have faced down-rounds, flat rounds, or even investor exits at lower valuations. Despite strong user growth, many founders discovered the hard way that overvaluation is not a badge of honour—it’s a trap. In 2025, with new RBI, CBDT, and Companies Act […]
The Supreme Court has confirmed that Rule 86A cannot be used to create negative ITC balances, reinforcing that recovery must follow statutory adjudication.
