GSTN has made offline Annexure-B filing mandatory for specified GST refund claims with invoice-wise validation through GSTR-2B. The advisory introduces detailed reporting requirements for ITC, HSN/SAC classification, and reversals.
Taxpayers and professionals are facing multiple procedural doubts regarding GSTAT appeal filing requirements, including affidavits, annexures, pre-deposits, and paper books. The issues highlight lack of clarity in implementation of the GSTAT Rules and filing checklist.
Income Tax authorities are increasingly reopening assessments involving political donation deductions claimed under Section 80GGC. Taxpayers are facing allegations that such donations were accommodation entries lacking genuine substance.
Negative net worth creates major interpretational challenges under Regulation 16 of SEBI LODR Regulations. This article explains the legal and mathematical issues involved in determining material subsidiaries.
The Companies Law Amendment Bill, 2026 proposes major reforms in corporate governance, compliance, and digital regulation. This article explains how the Bill aims to modernize India’s company law framework.
Differences between audited balance sheets and stock statements can significantly impact drawing power calculations. This article explains the major reconciliation issues every stock auditor must examine.
Small businesses and home-based sellers often wonder whether GST registration is compulsory for online sales. This guide explains the latest GST rules for websites, Instagram, WhatsApp, and e-commerce marketplaces.
MSMEs in Jammu and Kashmir continue to face auctions and asset seizures despite mandatory RBI restructuring safeguards. The article examines how recovery-driven banking practices are pushing small businesses toward collapse.
Filing Income Tax Return is not always linked to tax liability. This guide explains the transaction-based conditions under Section 139(1) that make ITR filing compulsory even for low-income taxpayers.
GST authorities have strengthened reconciliation checks, invoice validation, and ITC scrutiny for export refunds from 01-04-2026. Exporters must ensure accurate GST filings, LUT compliance, and document matching to avoid refund delays and notices.
