A New Era of Income Tax Compliance Begins: What Will Change for Taxpayers From 2026? For more than six decades, the Income Tax Act, 1961 has been the foundation of...
Read MoreGST Fraud Allegation or Wrong ITC Notice Received? Understand Section 74 Before Responding GST compliance requires businesses to correctly report transactions, pay applicable taxes, maintain proper records, and claim only...
Read MoreGST Demand Notice Received Without Fraud Allegation? Understand Section 73 Before Responding GST compliance requires businesses to correctly calculate tax liability, file accurate returns, and claim only eligible Input Tax...
Read MoreGST Search or Inspection Notice Received? Understand Your Rights and Compliance Requirements GST authorities have various powers to verify whether businesses are complying with GST laws correctly. While regular scrutiny,...
Read MoreReceived a GST Special Audit Notice? Understand Section 66 Before Responding GST compliance involves multiple verification mechanisms to ensure that taxpayers correctly report transactions, calculate tax liability, and claim eligible...
Read MoreReceived a GST Audit Notice? Understand Section 65 Before Responding GST compliance is not limited to filing returns and paying taxes on time. The GST department also has the authority...
Read MoreNot Registered Under GST But Taxable Activity Continues? Understand Section 63 Before Receiving Assessment Proceedings GST registration is mandatory for persons who cross the prescribed threshold limits or fall under...
Read MoreFailed to File GST Return? Understand Section 62 Before Facing Best Judgment Assessment Timely GST return filing is one of the most important compliance responsibilities of every registered taxpayer. However,...
Read MoreReceived a GST Scrutiny Notice? Understand Section 61 Before Responding GST compliance is largely based on self-assessment, where registered taxpayers calculate their tax liability, claim eligible Input Tax Credit (ITC),...
Read More