A representation seeks extension of the GSTAT appeal filing deadline to 31 December 2026, citing persistent technical issues on the e-filing portal. It argues that taxpayers should not lose their statutory right of appeal due to system failures.
Learn the twelve most common GSTR-9 and GSTR-9C reconciliation errors for FY 2025-26, including ITC mismatches, turnover differences, and reverse charge issues that can trigger GST notices.
Understand who must undergo a tax audit under Section 44AB, the applicable turnover limits, audit forms, filing procedure, due date, and penalties for non-compliance. This guide explains the key compliance requirements for businesses and professionals.
The Calcutta High Court held that prepayment charges, commitment charges and processing fees formed part of the recoverable debt under the lending arrangement. The bank was therefore entitled to retain the pledged FDR until all contractual liabilities were discharged.
This article explains the key situations where filing an Income Tax Return is compulsory, even if income is below the basic exemption limit. It also highlights important thresholds relating to foreign assets, bank deposits, business income, and tax refunds.
The Supreme Court set aside High Court judgments quashing reassessment notices after noting that the Finance Act, 2026 introduced clarificatory amendments affecting the competence of Assessing Officers. The matters were remanded for fresh consideration, leaving all legal issues open.
NSO has launched the Annual Survey of Incorporated Services Sector Enterprises (ASISSE) to collect comprehensive economic and operational data from over 1.21 lakh enterprises. The survey is designed to strengthen evidence-based policymaking, economic analysis, and National Accounts compilation.
KSCAA has urged the Government to extend the GSTAT appeal filing deadline by three months, citing technical glitches, procedural ambiguities, and compliance challenges. The representation also seeks detailed guidance to ensure uniform and error-free appeal filings.
The Advocates Tax Bar Association has requested extension of the GSTAT appeal filing deadline to 31 December 2026, citing persistent portal-related technical difficulties. The representation argues that taxpayers should not lose their statutory right of appeal due to system issues.
The Authority ruled that selectively withholding course information and presenting disclaimers in illegible font misled prospective students. It ordered discontinuation of the advertisements and imposed an ₹8 lakh penalty.