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Failure to file the one-time DPT-3 return within the prescribed timeline resulted in penalties under Section 450. The authority held that delayed compliance, even if later rectified, constitutes a violation. The case highlights strict adherence to deposit reporting requirements.
The case involved non-compliance with Section 42 requirements during a private placement. The authority imposed maximum penalties, stressing that designated accounts must meet strict statutory standards.
CBIC extends due date for filing March 2026 GSTR-3B to April 21, 2026, for registered persons under Section 39 of the CGST Act.
The GST portal launches an Excel-based IMS Offline Tool to help taxpayers efficiently manage and process invoices. It enables bulk actions, reduces manual effort, and improves compliance accuracy through structured validation and upload features.
The issue concerns compliance delays in director KYC filings. The amendment imposes a ₹5,000 penalty for late submission, reinforcing timely regulatory compliance.
Authorities arrested the key accused for orchestrating fake ITC claims and fictitious export transactions. The case highlights strict enforcement against large-scale GST refund fraud using shell entities.
A new digital framework is suggested to replace manual Form 121 processes and streamline TDS exemption declarations. The proposal highlights improved efficiency, accuracy, and centralized monitoring.
The new law reorganizes TDS provisions into simplified sections and forms. The key takeaway is that rates remain unchanged, but compliance requires system updates.
The court examined whether consolidated GST show-cause notices across financial years are valid. It found no clear statutory bar but referred the issue to a larger bench due to conflicting precedents.