What is CD/BIN record number for TAN registration The CD (Correction Document) Record Number or BIN (Book Identification Number) record number is a unique reference used during TRACES portal registration and KYC validation for TDS. Its requirement and definition depend on the type of entity: 1. CD Record Number In the context of TDS/TAN registration… Read More »
Income Tax Notice Section 281 Income Tax Act 2025 Income Tax Notice Section 281 Income Tax Act 2025 Under the Income-tax Act, 2025, Section 281 lays down a mandatory “show-cause” procedure that the Assessing Officer (AO) must follow before they can issue a formal notice (under Section 280) to assess or reassess income that… Read More »
Income Tax Notice Section 148A Income Tax Act 1961 Complete Guide Income Tax Notice Section 148A Income Tax Act 1961 Complete Guide Income Tax act 1961 is replaced by Income tax act 2025 effective from 1st April 2026. For which tax years will the reassessment provisions of the new Act 2025 apply? Ans. The reassessment… Read More »
Income Tax Notice Complete Guide after Income Tax Act 2025 Income Tax Notice Complete Guide after Income Tax Act 2025 Here are the various types of income tax notices categorized by their function: 1. Notices for Assessment and Reassessment Section 268(1) Notice (Inquiry before assessment): This notice is issued to require an assessee to furnish… Read More »
How to use split screen in google chrome Using split screen in Google Chrome is a great way to boost productivity, whether you are cross-referencing tax documents or monitoring multiple websites at once. Depending on your operating system, there are two primary ways to do this: using Chrome’s built-in “Side Panel” or using your operating… Read More »
Important GST Case Laws 25.04.2026 Relevant Act Section / Rule Case Law Title / Notification Citation Brief Summary CGST Act, 2017 Sec 7 & 13 Apartment Owners Assoc. of Raj Lake View, In re Click Here Corpus Funds: Collections for capital assets (painting/repairs) are “advances” for supply. GST is payable at the time of receipt.… Read More »
Gujarat HC Grants Bail to Advocate in GST Fraud Case, Citing Limited Role and Conclusion of Investigation. The Dispute: Professional Services vs. Criminal Participation The Conflict: The applicant, an advocate, was arrested for allegedly filing GST returns for several non-existent companies involved in a multi-crore Input Tax Credit (ITC) fraud. The Evidence: During a statement… Read More »
Orissa HC: GSTAT is Functional; Taxpayers Must File Appeals and Pay 20% Pre-deposit by June 2026. The Dispute: The Mandatory Pre-Deposit Hurdles The Conflict: The petitioner lost their first appeal for the period 2019-20. To stay the tax demand, they filed a Writ Petition, arguing that the Second Appeal (to the GSTAT) was impossible because… Read More »
Madras HC: Excess Tax Deposits Must Be Adjusted Against Interest Before New Demands Are Issued. The Dispute: Ignoring the Surplus Payment The Conflict: The petitioner had previously won a remand from the High Court in August 2024. As a condition for that remand, they were required to deposit 10% of the disputed tax. The Overpayment:… Read More »
[Video] HOW TO PAY TDS OF CONTRACTOR NEW SECTION CODE NEW INCOME TAX RULES 2026 latest update This video provides a detailed, step-by-step guide by CA Satbir Singh on how to pay TDS (Tax Deducted at Source) for contractors online under the New Income Tax Rules of 2026. It specifically covers the transition to the… Read More »