06 May Factors Driving the Surge in GST Collections
As the monthly GST collections surged past `2 lakh crore in April, the discussion surrounding the factors propelling this growth intensifies....
Tax compliance measures Tag
20 Apr Extended Period of Limitation: Understanding and Challenging Sec. 74
In the realm of taxation, navigating through various sections and provisions can be daunting....
15 Apr Taxpayers Get Choice in Valuing Startup Investments (Angel Tax)
The Delhi High Court ruled in favor of taxpayers, allowing them to select the method for valuing investments received from angel investors....
15 Apr Income Tax Department Cracks Down on Unfiled Returns: 1.52 Crore Individuals Targeted
The Income Tax Department is launching a campaign to target individuals who haven't filed their income tax returns (ITR) despite meeting filing requirements....
05 Apr State’s GST Department Witnesses 43% Decline in GSTIN Applications Following Introduction of Biometric Verification to Combat Fraudulent Billing
A notable development within the state's GST department reveals a substantial 43% decrease in the average monthly count of GSTIN (Goods and Services Tax Identification Number) applications since November 2023....
27 Mar Delhi High Court Facilitates Refund Requests for Overpaid Taxes, Streamlining Procedural Deadlines for Taxpayers!
If the Tax Department has demanded payment for taxes from you because your supplier failed to remit them, and later it is discovered that your supplier did, indeed, pay the taxes, you should apply for a refund....