*******Adjournment against GST SCN: Find Draft Format
Clipped from: https://www.taxscan.in/seeking-adjournment-against-a-gst-show-cause-notice-find-draft-format-here/478956/ A Show-Cause Notice (SCN) is an essential instrument used by the revenue authorities under the Goods and Services Tax (GST) framework to initiate
*******ITC Reversal w/out E-Invoice: Draft Reply to SCN
Clipped from: https://www.taxscan.in/reversal-of-itc-in-the-absence-of-e-invoice-how-to-draft-reply-towards-show-cause-notice/458188/ The Input Tax Credit ( ITC ) mechanism is a cornerstone of the Goods and Services Tax ( GST ) regime in India.
*******How to Draft Reply Notices for SCN in Dual Jurisdiction Conflicts
Clipped from: https://www.taxscan.in/avoiding-dual-jurisdictions-in-gst-assessments-how-to-draft-reply-notices-for-scn-in-dual-jurisdiction-conflicts/483023/ India’s Goods and Service Tax ( GST ) state was introduced in 2017. This was a move to consolidate indirect taxes under a
*******ITC Reversal on Book Adjustments: Draft Reply to GST SCN
Clipped from: https://www.taxscan.in/itc-reversal-on-book-adjustments-how-to-draft-reply-for-response-to-gst-show-cause-notice/438368/ The Goods and Services Tax ( GST ) regime in India provides businesses with the advantage of claiming Input Tax Credit ( ITC
*******Unlocking GST: E-way bill not found in the case of Import of goods transportation
Clipped from: https://www.taxscan.in/unlocking-gst-understanding-the-e-way-bill-requirement-for-imported-goods/489420/ GST is a destination-based tax on the consumption of goods and services. The Goods and Service Tax ( GST ) regime, introduced in
*******Availment of Both GST ITC and Depreciation on Capital Goods: Here’s How to Draft Reply to GST Notice [Find Format Here]
Clipped from: https://www.taxscan.in/availment-of-both-gst-itc-and-depreciation-on-capital-goods-heres-how-to-draft-reply-to-gst-notice-find-format-here/442167/ The Goods and Services Tax ( GST ) regime in India aims to eliminate the cascading effect of taxes and promote a seamless
*******S. 128A GST Penalty and Interest Waiver: Find Draft Format Here
Clipped from: https://www.taxscan.in/s-128a-gst-penalty-and-interest-waiver-find-draft-format-here/437607/ The Indian GST law continues to evolve, bringing forth provisions to ease the compliance burden on taxpayers. One such provision is Section 128A
*******Impact of Supplier Default on GST Input Tax Credit Reversal
Clipped from: https://www.taxscan.in/supplier-default-gst-itc-reversal-what-businesses-need-to-know/452691/ In India, the Goods and Services Tax ( GST ) system provides a mechanism for businesses to claim Input Tax Credit ( ITC
*******SCN on Fake InvoiceSCN on Fake Invoices & Non-Existent Businesses: Find Draft Reply Format Heres & Non-Existent Businesses: Find Draft Reply Format Here
Clipped from: https://www.taxscan.in/the-issue-of-fake-invoices-and-non-existent-businesses-legal-and-practical-considerations/491461/ The discussed issue is a common occurrence since the implementation of the Goods and Services Tax in 2017. By Avinash Kurungot – On February 21, 2025
*******Provisional Bank Attachments Under GST: How to Draft Reply Notice
Clipped from: https://www.taxscan.in/legality-of-provisional-bank-attachments-under-gst-how-to-draft-reply-notice/491124/ The Goods and Service Tax ( GST ) was introduced in India for multiple assessment provisions. Tax collection and enforcement mechanisms. The provisional
*******Impact of Recent Tax Reforms on MSMEs In India: Challenges & Growth
Clipped from: https://taxguru.in/goods-and-service-tax/impact-tax-reforms-msmes-india-challenges-growth.html Introduction to MSMEs[1] Micro, small, and medium enterprises (MSMEs) are a vital component of India’s economy, contributing significantly to employment generation, innovation, and
*****ITR Forms for AY 2025 26 released: Capital Gains reporting simplified for taxpayers in different tax forms – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-forms-for-ay-2025-26-released-capital-gains-reporting-simplified-for-taxpayers-in-different-tax-forms-476070-2025-05-13 The CBDT has notified all seven Income Tax Return (ITR) forms for AY 2025-26, incorporating new capital gains rules. This update aligns with
*****Salaried taxpayers could have saved Rs 49,094 in taxes; here’s what to avoid, note during tax filing – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/salaried-taxpayers-could-have-saved-rs-49094-in-taxes-heres-what-to-avoid-note-during-tax-filing-476088-2025-05-13 Taxpayers tend to make common mistakes, like selecting the wrong tax regime or missing out on corporate NPS benefits. DIY tax filing often
*****Tax talk: Pick the right ITR form this year – Income Tax News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-tax-talk-pick-the-right-itr-form-this-year-3839168/ Learn about key changes in ITR forms for AY 2025–26, including exempt capital gains in ITR-1 & ITR-4, updated capital gains reporting in
*****7 ITR Forms notified with changes for AY 2025-26: Here’s how to select the right one for you – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/7-itr-forms-notified-with-changes-for-ay-2025-26-heres-how-to-select-the-right-one-for-you-3842921/ The Central Board of Direct Taxes (CBDT) has released a new set of Income Tax Return (ITR) forms — which will be applicable
PMO: Himanshu Roy’s book traces evolution of prime-ministerial governance
Clipped from: https://www.business-standard.com/book/pmo-himanshu-roy-s-book-traces-evolution-of-prime-ministerial-governance-125051201369_1.html The book has an excellent section on how the offices of the Prime Minister and the Cabinet secretariat have evolved in the United
Won’t take up any official post after retirement from CJI post: Khanna | India News – Business Standard
lipped from: https://www.business-standard.com/india-news/won-t-take-up-any-official-post-after-retirement-from-cji-post-khanna-125051300974_1.html After the conclusion of the ceremonial bench proceedings, the CJI met journalists in the apex court premises and said, I will not accept
SEBI should hasten slowly in reforming legacy regulations – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sebi-should-hasten-slowly-in-reforming-legacy-regulations/article69567505.ece The changes SEBI plans to undertake are aimed at ensuring that its market development role does not take a backseat to its policing