The ITAT ruled against mechanically confirming a large addition under Section 69C, stating that tax authorities must genuinely distinguish between procedural discrepancies and fraudulent inflation.

The office of the commissioner of state taxes, Nagaland has notified all the government departments and establishments in Nagaland that GST form GSTR-7 has been amended to enable capture of ...

DIMAPUR — The Office of the Commissioner of State Taxes has notified all government departments and establishments in the ...

The functionality for invoice-wise reporting in Form GSTR-7 has been made operational on the GST Portal, and will be applicable from the September 2025 tax period.

Despite declaring the income and paying due taxes, interest under relevant sections was levied as the TDS credit didn’t show up on his Form 26AS.

Learn how India’s GST 2.0 simplifies tax rates and revises HSN and SAC codes, streamlining compliance, invoicing, & trade ...

As Diwali 2025 approaches later this month, many employees are eagerly awaiting festive bonuses and gifts from employers. But before you celebrate your Diwali bonus, remember — not all gifts are ...

Recent GST changes simplify post-sale discounts via Credit Notes, mandate invoice-wise TDS reporting in GSTR-7, impose a 3-year limit on filing old returns, and introduce electronic filing for GSTAT ...

Jammu and Kashmir rolls out GST 2.0 Phase Two, cutting tax on essentials and simplifying the system to benefit consumers ...

In a formal letter to the Prime Minister's Office, Kaleem emphasised that traders with an annual turnover up to ₹40 lakh are ...

The simple answer is yes. Benton explains: ‘Under current super laws, anyone paying a worker mainly for their labour, ...

As Goods and Services Tax (GST) comes into force, VIKANT SAHAY spoke to GST expert, Parimal G Kulkarni, a Goa-based Chartered Accountant, to understand the new tax regime ...