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 […]
Form GSTR-3B [Section 39(1) read with rule 61 & 61A] Read More »
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
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
Clubbing Provisions under Income Tax Act Read More »
Why did the tax section cross the Finance Act? Probably to escape the auditor’s glare and join its friends in the great “Omitted” lounge, where old tax provisions sip coffee
The Curious Case of Vanishing Tax Provisions – When to Omit and When to Time it Out? Read More »
Explore the legal provisions and the compliance requirement of the return of Outward Supplies aka GSTR-1.
GSTR-1: Return of Outward Supplies under GST Law Read More »
What is Buy Back of Shares? Buy back of shares, also called a share buyback or share repurchase, is when a company buys its own shares from the existing shareholders
Taxation of Buy Back of Shares Read More »
The CBIC has issued a new Instruction No. 3/2025-GST in order to rationalize the processing of GST Registration Applications.
New Instructions regarding processing of applications for GST Registration Read More »
Documentary evidences required for filing refund claim under GST has been provided under the provisions of Section 54(4) read with Rule 89(2). In case where refund is on account of
Documentary Evidences required for GST Refund Read More »
Understanding the taxation of dividends in India is crucial for investors aiming to optimize their returns in 2025. With evolving tax laws, staying informed about how dividends are taxed, the
Taxation of Dividends in India Read More »
What is GST Refund? GST Refunds refer to claiming of excess taxes paid by the recipient in the case of Zero rated supplies of goods or services , claiming of
Unveiling the process of GST Refunds Read More »
