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08 Jun High Court Decision: IGST Credit Reversal
Explore the implications of the Calcutta High Court's judgment on IGST credit reversal. What does it mean for taxpayers?...
Tax Liability Assessment Tag
14 May CBDT Releases New Functionality in AIS for Taxpayers: Real-time Status of Information Confirmation Process
Discover the latest update from the Central Board of Direct Taxes (CBDT) introducing a groundbreaking feature in the Annual Information Statement (AIS) allowing taxpayers to monitor the real-time status of information confirmation. Explore how this innovation enhances transparency, accountability, and ease of compliance for taxpayers....
06 May Understanding Best Judgment Assessment: Section 62 Explained
Discover the significance of Section 62 in taxation, exploring its implications for registered entities failing to furnish returns. Learn from key court cases, including perspectives from the Patna, Madras, Rajasthan, and Kerala High Courts, shedding light on procedural irregularities, time limits, and regulatory mechanisms. ...