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The Himachal Pradesh High Court refused to quash the complaint under Section 69 of the CGST Act, noting that the use of fake supplier addresses indicates prima facie GST evasion. As per the bench, “When the officials went to the addresses mentioned in the invoices and found that no such entity existed, it was sufficient […]
Time-bound resolution of litigations should be there; a parliamentary panel that analysed the Income Tax Bill, 2025, has guided, as it made 285 recommendations on the draft legislation aimed at streamlining and updating tax laws. The select committee of Lok Sabha, headed by BJP’s Baijayant Panda, analysed the Income Tax Bill 2025 and adopted the […]
On July 25, amid a statewide shutdown called by small traders in protest against GST notices on digital payments, the Karnataka Commercial Taxes Department clarified on July 17 that GST registration is mandatory for businesses with an annual turnover exceeding ₹40 lakh (for goods) or ₹20 lakh (for services), regardless of the mode of payment. […]
An income tax return is a document submitted by individuals or companies to declare their income, including salary, HRA, allowances, deductions, and total turnover, to the Tax Department. There are seven different types of tax return forms available on the portal, each applicable based on the taxpayer’s category. Taxpayers can use either the government utility […]
A GST order can’t be a copy-paste of the show cause notice, and that independent reasoning must be present, the Bombay High Court ruled. Justices M.S. Sonak and Jitendra Jain mentioned that “simply cutting and pasting the allegations in the show cause notice or mechanically reciting them verbatim does not inspire confidence that due consideration […]
A nationwide verification drive was initiated by the Income Tax Department on Monday, aimed at individuals and entities involved in submitting false claims for deductions and exemptions on their I-T returns. According to the Central Board of Direct Taxes (CBDT), the scope of this exercise is comprehensive, extending beyond deductions for donations to encompass those […]
For school transportation services where payments are made directly by parents, no Goods and Services Tax (GST) exemption is available, the Tamil Nadu State Appellate Authority for Advance Ruling (AAAR) has held. The appellant, Tvl. Batcha Noorjahan, proprietor of M/s. School Transport had entered into long-term agreements with schools to deliver transportation for students and […]
For Table 12 of the GSTR-1 form, specifically the HSN summary of outward supplies, it is mentioned that the taxpayers who are only dealing in B2C supplies must have reported problems with Table 12A when left blank. Table 12B (related to B2C transactions) is not obligatory and could be left blank or filled with any […]
The Goods and Services Tax Appellate Tribunal (GSTAT) has published an updated version of the User Manual for the GSTAT e-Filing Portal. This new version, version 2.6, is now available for users. The GSTAT’s updated user manual provides detailed step-by-step guidance on every function of the portal, including registration, appeal and application filing, re-filing processes, […]
