Compliance Calendar May 2025
Compliance Calendar May 2025 compiles the compliances for the month of May 2025 as per Income Tax, GST , PF and ESI Laws. Compliances as per Income Tax Act Due […]
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Inspection, Search and Seizure under GST Laws
Any tax laws provide for the provisions in respect of inspection, search and seizure in order to safeguard the Government’s legitimate claim to its dues. While these provisions act as
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Understanding the Composition Scheme under GST: Entry, Forms, and Returns
The Composition Scheme under the Goods and Services Tax (GST) framework is designed to simplify tax compliance for small businesses. This scheme allows eligible taxpayers to pay a fixed percentage
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Registration in Income Tax Portal for e-Filing as Taxpayer
One of the major pre-requisite for filing Income Tax Returns and Income Tax Forms is to create a Registration in Income Tax Portal. Steps are explored herewith.
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Partner Remuneration: Rules Most Firms Miss [2025 Update]
Remuneration to partners often becomes a costly compliance nightmare for firms that overlook critical regulatory details. Unfortunately, many businesses continue to follow outdated practices, risking significant penalties and disallowances during
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New TCS Requirements Introduced for Luxury Items
Introduction The Ministry of Finance has officially introduced the Income-tax (Eleventh Amendment) Rules, 2025 under Notification G.S.R. 252(E). This amendment expands Tax Collection at Source obligations under Section 206C of
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Section 12A Registration Guide: Essential Steps for Trust Registration
This comprehensive guide walks you through the entire Section 12A registration process, from determining your eligibility to submitting the required documents and understanding what happens after your application.
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Form GSTR-3B [Section 39(1) read with rule 61 & 61A]
What is Form GSTR-3B Form GSTR-3B is a vital component of India’s Goods and Services Tax (GST) regime, serving as a monthly self-declared summary return for registered taxpayers. It provides
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HC imposes cost on Joint Commissioner for violation of Natural Justice – Remands case for Re-adjudication : GST Demand – Section 74
An analysis of the case Merino Industries Ltd. vs. State of UP decided by the HC of Allahabad dealing with demand u/section 74 and principles of natural justice
Clubbing Provisions under Income Tax Act
Understanding the applicability of clubbing provisions in the income tax return of assesses is important to prevent tax avoidance. These provisions ensure that income is taxed in the hands of
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