Transition from Original GST (2017) to New GST 2.0 Framework (2024–26): GST 1.0 vs GST 2.0 What is GST 1.0? : GST 1.0 refers to the original GST framework launched… Read More
New PAN–Aadhaar Linking: 31 December 2025 Deadline CBDT Notification No. 26/2025: Extended deadline for PAN holders who obtained PAN using Aadhaar Enrolment ID before Oct 1, 2024. However The Income… Read More
The Supreme Court: CA DO NOT NEED a Minimum of 25 Years of Experience for Technical Member Breaking News for CAs: Important Clarification for CA’s by CJI The Supreme Court… Read More
Association of Persons (AOP): Meaning, Formation, Structure & Tax Implications In finance and taxation, understanding the concept of an Association of Persons (AOP) is essential for individuals, professionals, and businesses.… Read More
New ITR Forms & Rules Under the Income Tax Act, 2025 (Effective April 1, 2026) The Govt of India is preparing to notify the new simplified Income Tax Return forms… Read More
TDS Not Deposited? Can You Still Claim TDS Credit? ITAT clarifies that if TDS is deducted but not deposited by the employer, the employee (deductee) cannot be penalized. Two Powerful… Read More
Reasons for Income Tax Scrutiny Triggers / Tax Notices in 2025 Every year, 1000 of taxpayers in India receive Tax Notices due to mismatches, omissions, or non-compliance in their tax… Read More
Udyog Aadhaar Registration Mandatory for Small Businesses Basically, Udyog Aadhaar was not legally mandatory but highly recommended. It provided official government recognition to MSMEs and enabled access to Subsidy schemes,… Read More
Due Dates & Applicability for GSTR-9 & GSTR-9C: Who Files & When? (FY 2024-25) Separate GSTIN-wise Filing : Each GST registration (per state) requires separate GSTR-9 filing, irrespective of entity-wide… Read More
Mutual Funds companies are Facing Goods and Services Tax Demand on Exit Loads Despite the GST dept issue the clarification in 2018 stipulating that Goods and Services Tax must be levied… Read More