HomeColumns

Columns

Keep exploring

GST Council Panel Proposes ITC Relief on Staff Cars and Employee Health Insurance to Ease Business Compliance

The GST Council's Law Committee has recommended allowing businesses to claim Input Tax Credit...

New ITR Business Code 21011 Introduced for Share Traders

The Income Tax Department has introduced a new business/profession code—21011: "Other Services – Buying...

GSTAT Appeal Deadline Notified Till June 2026: Does It Cover Departmental Appeals Too?

The Government has, through Notification S.O. 4220(E) dated September 17, 2025, fixed June 30,...

ITR-1 Excel Utility: Salaried Taxpayers Can Now Report 2 House Properties

The Income Tax Department has introduced several significant changes to the ITR-1 (Sahaj) Excel...

ITR Filing for Senior Citizens AY 2026-27

From revised tax slabs under the new regime to exemption from return filing for...

GSTAT Limitation Period Explained: How 3+3 Rule Can Decide the Fate of Your GST Appeal?

A single missed deadline can cost a taxpayer the right to challenge an adverse...

New Tax Regime: Hidden House Property Loss Restriction That Many Taxpayers Miss U/s 115BAC

While most discussions on the New Tax Regime revolve around lower tax slabs and...

Beyond the 1 Year Limit: How Taxpayers Can Challenge Continued GST Bank Account Attachment? [FORMAT ATTACHED]

The power to provisionally attach a taxpayer's bank account under the Goods and Services...

Advocates Won’t Be Able To Charge More Than Rs. 50,000 Per Case If..

Recent discussions on social media and legal forums have sparked claims that advocates in...

Why Did ICAI Put Its Big 4 Disclosure Rules on Hold?

The Institute of Chartered Accountants of India (ICAI) has put on hold its much-anticipated...

Buyback of Shares May Offer a Rare “Double Tax Benefit” for Certain Middle-Class Taxpayers in AY 2026-27

The taxation of share buybacks underwent a significant transformation from October 1, 2024. What...

ITR AY 2026-27: How to Report Share Buyback Proceeds After New Tax Rules?

The filing of Income Tax Returns (ITRs) for Assessment Year (AY) 2026-27 has brought...

Latest articles

State Tax Officer Can’t Issue GST SCN Beyond CBIC-Assigned Jurisdiction: Bombay High Court Stays Recovery Proceedings

The Nagpur Bench of the Bombay High Court has granted interim relief to a...

Unregistered Agreement to Sell Can’t Deny S. 50C Relief if Sale Consideration Was Received Through Banking Channels: ITAT Chennai

The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has held that an...

Customs Exemption for ELISA Kits Can’t Be Claimed on Individual Components Like QFT Tubes: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has held that...