• twitter-icon

Search results for: itc claim

Stakeholders Raise Alarm Over Misuse of GST Audit Notices under Section 74(A)

Stakeholders Flag Misuse of GST Section 74(A) for Routine Audits, Urge Shift to Section 73

Towards the issuance of GST audit scrutiny notices under Section 74(A), tax experts and industry representatives raised concerns regarding bogus practices at the GST conclave, jointly organised by the Central GST (CGST) Ahmedabad Zone and the Gujarat Chamber of Commerce and Industry (GCCI). The experts mentioned that these notices are to be reserved merely for […]

7 Errors to Avoid for Accurate ITR Filing in 2025

Top 7 Errors to Avoid When Filing Your ITR Online in 2025

The online Income Tax Return (ITR) filing window for AY 2025–26 has been opened by the CBDT Department. Individual taxpayers who are not required to have their accounts audited must submit their ITRs for FY 2024–25 before the revised due date. The Central Board of Direct Taxes (CBDT) revised the ITR filing due date from […]

Patna HC's Order In the Case of Om Traders vs. Union of India

Patna HC Permits Rectification of GSTR-3B Form to Align with GSTR-1 Data

The taxpayer is allowed to rectify GSTR 3B on par with the contents of GSTR 1, the Patna High Court stated. In the government, no system of rectification of any return is there once it is furnished. The taxpayer has furnished the application to rectify the GSTR 3B on par with GSTR 1 of the […]

Delhi HC's Order In Case of M/S JVG Technology Private Limited vs Commissioner CGST

Delhi HC Orders GST Dept to Release Tax Refund if No Appeal Is Filed Against Appellate Authority’s Order

The Delhi High Court has ordered the tax department to promptly release a refund related to the GST Input Tax Credit (ITC), along with interest. The court decided that the refund should not be delayed because there was no ongoing appeal or hold on the last decision made by the Appellate Authority, which authorised the […]

Karnataka HC's Order In Case of Safan Fasteners Vs Assistant Commissioner

Karnataka HC Quashes GST Credit Blockage Over Lack of Pre-Decisional Hearing

The Karnataka High Court, in a ruling, has held in favour of M/s Safan Fasteners, setting aside the order of the tax department that restricted the Electronic Credit Ledger (ECL) of the company under Rule 86A of the Central Goods and Services Tax (CGST) Rules. The court said that the measure was opted without allotting […]

SC's Order in The Case of Union of India & ANR vs. M/S Yasho Industries LTD

Supreme Court Upholds Use of ECL for Mandatory 10% Pre-Deposit in GST Appeals

In the country, there would be implications for the businesses, the Supreme Court kept a Gujarat High Court decision that permits the companies to makes obligatory 10% pre-deposit through the Electronic Credit Ledger (ECL), which includes accumulated input tax credit (ITC), for filing an appeal under the Goods and Services Tax law. In the case […]

Delhi HC's Order In The Case of Gurudas Mallik Thakur vs. Commissioner Of CGST and Anr.

Delhi HC: GST Penalty U/S 122(1A) Can Be Imposed on Any Person (Taxable & Non-Taxable)

The Delhi High Court has decided that anyone, whether they need to pay taxes or not, can face penalties for avoiding the Goods and Services Tax (GST) under section 122(1A) of the Central Goods and Services Tax Act from 2017. A division bench of Justices Rajneesh Kumar Gupta and Prathiba M. Singh varied from the […]

Patna HC's Order In The Case of M/s Sri Sai Food Grain and Iron Stores V/S The State of Bihar and Ors.

Patna HC Quashes GST Demand, Citing Non-Compliance with BGST Act and CrPC Inspection Rules

The Patna High Court recently granted relief by overturning a GST demand totalling ₹88,64,550.50. The high court highlighted that an inspection conducted under the Bihar Goods and Services Tax and Central Goods and Services Tax frameworks is legally invalid unless it adheres to the procedural requirements established in Section 67 of the BGST/CGST Act, 2017, […]

CBDT Notification No. 40/2025 on ITR-1 and ITR-4 Forms

CBDT Releases Formats of ITR-1 and ITR-4 via Notification No. 40/2025

The Central Board of Direct Taxes (CBDT) has issued Notification No. 40/2025, dated April 29, 2025, which announces the Income-tax (Twelfth Amendment) Rules, 2025. These modifications to the Income-tax Rules of 1962 will take effect on April 1, 2025. The modifications will affect the Income Tax Return (ITR) filing for the Assessment Year 2025-26. Top […]

Follow Us on Google News

Google News

Latest Posts

Best Offer in 2026

Powering India's Taxation Experts with Innovation

Upto 20% Off
Tax, ROC/MCA, XBRL, Payroll, Online GST

Limited Offer, Hurry

Easy to File Tax/GST Returns

Upto 20% Off on Tax Software

    Select Product*

    Current GST Due Dates