This article explains how courts have moved beyond quashing illegal tax orders to imposing personal costs, contempt sanctions, and even imprisonment on erring officers.
This guide explains the legal purpose of Tables 10 and 11 and the strict reliance on GSTR-3B filings within the specified period. It holds that only turnover reported and discharged in GSTR-3B up to 30 November 2025 qualifies, while late filings shift the disclosure to other tables.
The issue was whether Section 74 penalties apply when tax is paid later but monthly returns were not filed. SC upheld that wilful suppression through non-filing justifies penalty despite subsequent payment.
The GST Portal now enables electronic filing of opt-in declarations for declaring hotel premises as “specified premises.” The key takeaway is mandatory online filing with defined timelines for FY 2026–27.
The FAQs clarify how excise duty on chewing tobacco, jarda, and gutkha will be levied based on packing machine capacity rather than actual production. Manufacturers must comply with strict declaration, verification, and payment rules from 1 February 2026.
The DA rate for the fourth quarter of FY 2025–26 has been fixed at 53.40% based on recent CPI-IW data. This represents a 1.60% increase over the previous quarter, directly enhancing employee salary payouts.
The new framework mandates DIN KYC filing every third financial year instead of every year. Directors must still promptly report any change in personal information to avoid DIN deactivation.
This explains why recent income disclosure intimations lack statutory support and create uncertainty. The key takeaway is that vague communications without cited legal provisions may not withstand legal scrutiny.
The ITAT ruled that long-term capital gains cannot be treated as bogus solely on suspicion when transactions are supported by proper banking, demat, and broker records.
The issue concerns denial of policy documents by invoking Section 8(1)(g) without justification. It is argued that such a non-speaking reply violates RTI obligations and warrants appellate scrutiny.
