Stay Informed
Tax laws and business regulations change constantly in India. Missing an update can lead to unexpected tax notices and heavy penalties. Our experts decode the jargon so you stay 100% compliant.
Latest Articles
Plain-language summaries of recent CBDT circulars, GST notifications, case law, and MCA regulations.
Loading updates…
Get Started
Don't let regulatory changes catch you off guard. Connect with an expert to assess how these updates impact your specific business model.
ITAT Mumbai deletes Section 68 loan addition and interest disallowance where Revenue relied on investigation material without independent verification. The post ITAT Mumbai Deletes ₹5.99 Crore Section…
ITAT Mumbai upholds deletion of Rs.1.62 crore section 68 addition after assessee proved lender identity, creditworthiness and genuineness. The post ITAT Mumbai Deletes Section 68 Addition on Unsecured…
ITAT Panaji deletes Section 41(1) addition as no cessation occurred during AY 2011-12 and dismisses Revenue's cross appeal. The post ITAT Panaji Deletes Section 41(1) Addition for No Cessation of Liab…
ITAT Mumbai dismissed Revenue’s TDS appeal and held that no TDS or consequential interest arose on Pfizer’s year-end expense provisions. The post Year-End Expense Provisions Not Liable to TDS: ITAT Mu…
GSTAT Kolkata dismissed Revenue appeal, holding packing materials eligible for ITC refund under Section 54(3)(ii) where bulk and packaged tea attract 5% GST. The post GSTAT Kolkata Allows ITC Refund W…
Supreme Court upheld 25% addition on unverifiable creditors, distinguishing cases where entire purchases were found to be bogus. The post SC Upholds 25% Addition on Unverifiable Creditors in Nandkisho…
Karnataka High Court holds GST payments during investigation involuntary absent ascertainment and DRC-04, ordering refund of ₹53.97 lakh with 6% interest. The post DRC-03 Payment Without Tax Ascertain…
Karnataka High Court holds genuine purchasers cannot ordinarily be denied ITC or subjected to custodial interrogation absent prima facie collusion. The post Karnataka HC Protects Genuine Purchasers fr…
Gujarat AAR rules Papad Khar classifiable under HSN 28362090 and taxable at 18% GST, rejecting classification under HSN 2501 or 2102. The post Gujarat AAR Classifies Papad Khar Under HSN 28362090 at 1…
Karnataka AAR rejects Advance Ruling application for non-payment of prescribed fee and failure to indicate the question category in Form GST ARA-01. The post Karnataka AAR Rejects GST Advance Ruling A…
Karnataka AAR rejects Revathi Enterprises’ advance ruling application for non-payment of prescribed CGST/KGST fee without deciding the merits. The post Karnataka AAR Declines GTA Diesel Valuation Ruli…
Karnataka AAR rejects Amritha Krishnam’s advance ruling application for failure to pay the prescribed CGST/KGST fee despite opportunities. The post Karnataka AAR Rejects GST Advance Ruling Application…