New FASTag rules from November 15, 2025. New Payment Option: Drivers without a valid FASTag can now pay tolls using the Unified Payment Interface (UPI). Penalty Charge: The UPI payment will be 1.25 times the standard toll fee. Effective Date: This new rule will come into effect on November 15, 2025. Cash Payments: Vehicles paying… Read More »
IMPORATANT GST CASE LAWS 03.10.2025 SECTION / TOPIC CASE LAW / CIRCULAR TITLE Brief Summary CITATION / REFERENCE RELEVANT ACT ITC Fraud (Sec. 74) Ambika Traders vs. Additional Commissioner The Supreme Court dismissed the SLP, upholding that in fraudulent ITC cases, issuing a consolidated SCN and order is valid and often necessary to prove wilful… Read More »
Uploading a notice to the GST portal is a valid service. Issue Is a GST demand order legally invalid if the preliminary, pre-show cause notice in Form DRC-01A was not issued, and if the subsequent notices and the final order were served on the taxpayer only by uploading them to the GST portal? Facts A… Read More »
A taxpayer gets a fresh hearing if an order is uploaded to an obscure portal tab. Issue What is the appropriate legal remedy for a taxpayer who misses the statutory deadline to file an appeal because the final adjudication order was uploaded to the “Additional notices and orders” tab on the GST portal instead of… Read More »
A single, consolidated show-cause notice (SCN) is valid for multiple years in large-scale GST fraud cases, and the proper remedy against the final order is a statutory appeal, not a writ petition. Issue Is a single, consolidated show-cause notice (SCN) that covers multiple financial years legally permissible under Section 74 of the CGST Act, 2017,… Read More »
IMPORTANT Income Tax Case Law 03.10.2025 SECTION CASE LAW TITLE Brief Summary CITATION RELEVANT ACT 148 & 10(4)(ii) Anilkumar Ramabhai Patel vs. Income-tax Officer Reassessment proceedings against an NRI were quashed because the assessee duly explained that the remittance was from his overseas savings to his NRE account, the income of which is exempt.… Read More »
An unregistered Power of Attorney (POA) is not a “transfer” for capital gains tax. Issue Does the act of giving an unregistered Power of Attorney to a developer for the purpose of constructing on a property, without a formal and registered agreement for sale, constitute a “transfer” under Section 2(47)(v) of the Income-tax Act, 1961,… Read More »
Reopening an assessment on a settled issue is an invalid “change of opinion”. Issue Can an Assessing Officer validly reopen a completed assessment under Section 148 of the Income-tax Act, 1961, to disallow a claim that was already examined and allowed during the original scrutiny, especially when the underlying legal issue has been decided in… Read More »
Refund processing time after filing After you file your Income Tax Return (ITR), the time to receive your refund depends on a few key steps. Time frame: The Income Tax Department usually credits the refund to your bank account within 4 to 5 weeks of e-verification. In cases with no discrepancies and a pre-validated bank account, refunds… Read More »
Introduction of Continuous Clearing and Settlement on Realisation in Cheque Truncation System RBI/2025-26/73 CO.DPSS.RLPD.No.S536/04-07-001/2025-2026 August 13, 2025 The Chairman / Managing Director / Chief Executive Officer of Banks participating in Cheque Truncation System/ National Payment Corporation of India Dear Sir / Madam, Introduction of Continuous Clearing and Settlement on Realisation in Cheque Truncation System Please… Read More »