Learn about active income tax refund scams, how to identify fake emails, and essential steps to protect your financial information from cyber fraudsters.
Gujarat High Court confirms GST ITC reversal for R V Enterprises due to non-genuine supplier and unpaid tax, quashing penalty over procedural lapse.
Join TaxGuru’s live GST webinar on 26 July 2025, 6 PM. Experts discuss GST evolution, compliance issues, and reforms. Free on YouTube, open to all.
Explore legal defenses for traders receiving GST notices based on UPI data. Understand aggregate turnover, natural justice, mens rea, and how to respond to potentially flawed tax demands.
Explore GST implications on Joint Development Agreements and Transfer of Development Rights in real estate, covering RCM, rates, challenges, and compliance for developers and landowners.
Madras High Court rules against clubbing GST show cause notices for multiple financial years, emphasizing separate assessments and limitation periods per financial year.
Supreme Court holds that tax officer must issue final order under GST Section 129(3), even if tax and penalty are paid, to preserve right of appeal.
ICAI sets limit of 60 tax audit assignments per CA or partner annually, effective from 1 April 2026, replacing earlier 2008 guidelines.
Income-Tax Bill 2025: The Select Committee debated expanding the “accountant” definition. The Ministry of Finance upholds the Chartered Accountant restriction, citing statutory audit roles.
India’s New Income-Tax Bill 2025: Introduced to simplify the nation’s direct tax laws, this bill aims to reduce complexity, enhance readability, and lower compliance costs for taxpayers.