MSMEs burdened by high compliance costs; face over 1450 regulations annually: Report
India's manufacturing MSMEs are facing an overwhelming regulatory burden, with compliance costs ranging between Rs.13…
other tax in media
Income Tax in Media
New tax audit limit rule for CAs to apply from April 2026: ICAI president
The Institute of Chartered Accountants of India (ICAI) will enforce from April 2026 its new…
GST in Media
Mahindra Holidays receives ₹363 crore GST demand notice over club membership tax reporting
Mahindra Holidays & Resorts India Ltd on Sunday said it has received a tax demand…
Income Tax in Media
Income tax return filing: Why ITR-2 and ITR-3 utilities are delayed this tax season
With the income tax return (ITR) filing season underway, the absence of Excel utilities for…
Income Tax in Media
Flipping farm land for cash? ITAT’s ruling may close India’s oldest black money trick
The old trick of flipping farm land to white-wash cash is in the crosshairs of…
GST in Media
8 years of GST: PwC India proposes three-slab structure, inclusion of petr-products to ease compliance
As GST marks eight years since its rollout, PwC India has called for key reforms,…
other tax in media
EPFO hasn’t issued any new pension form or deadline, clarifies govt
PIB has dismissed a viral message doing the rounds on social media claiming that EPFO…
Article
GST Article
SCN issued under Section 74 arising out of earlier SCN issued under Section 73 quashed as allegations of fraud, wilful misstatement or suppression of facts not invoked
The Hon’ble Allahabad High Court in the case of Bharat Mint & Allied Chemicals held…
Article
GST Article
Observations of AAAR on ITC expunged since the question pertaining to ITC was not originally dealt with by the AAR
The Hon’ble Rajasthan High Court in Tej Jain held that the observations on ITC in…
Article
GST Article
HC quashes Order charging interest and penalty as payment made under protest by the Taxpayer cannot be construed as admission of liability
The Hon’ble Himachal Pradesh High Court in the case of Shyama Power India Ltd. quashed…