To make a TDS (Tax Deducted at Source) payment entry in Tally, go to Gateway of Tally > Accounting Vouchers > Payment (F5), then click Stat Payment (F10). Select TDS as the Tax Type and enter the relevant details, such as the period and the amount, to record the payment from your chosen bank or… Read More »
Judicial Roundup: GST SCN Validity, Refund Restoration, and Constitutional Challenges (September 29, 2025) Calcutta HC Scrutinizes Section 74 Notice for Exempt Supplies The Calcutta High Court agreed to examine the validity of invoking Section 74 (which pertains to fraud/suppression/willful misstatement) of the GST Act for disputes related to alleged excess claims of exemption on certain… Read More »
Appellate Authority Can Re-Adjudicate Refunds Based on New Evidence and Facts: Orissa High Court The Orissa High Court ruled that the Appellate Authority is fully empowered to re-adjudicate refund claims by taking into consideration new documentary evidence, facts, and legal arguments presented by the taxpayer, provided the documents pertain to the original refund application. Key… Read More »
Attachment Lifted: Provisional Attachment of Bank Accounts Must Be Removed Upon Filing of GST Appeal The Delhi High Court ruled that the provisional attachment of a taxpayer’s bank accounts under the GST Act becomes unsustainable and must be lifted immediately once the taxpayer files a statutory appeal and makes the mandatory pre-deposit required under the… Read More »
TDS Challan due dates for FY 2025-26 The due date for depositing TDS Challan for September 2025 is October 7, 2025. The due date for depositing TDS Challan for October 2025 is November 7, 2025. TDS payment due dates (for non-government deductors) Monthly Deposits: For TDS deducted from April to February, the due date for depositing… Read More »
Prior Charge Rule: Karnataka HC Resolves Conflict Between GST Act and SARFAESI Act Date of Charge Creation is Decisive The Karnataka High Court ruled that in a conflict over priority of claims on a mortgaged property between the Goods and Services Tax (GST) Act and the Securitization and Reconstruction of Financial Assets and Enforcement… Read More »
Tax Cuts and Festivities Drive Auto Fuel Demand Surge in September Strong Annual and Monthly Diesel Growth India’s diesel consumption saw a significant rise in September 2025, climbing 6.4% year-on-year (y-o-y) and 2.9% month-on-month (m-o-m), reaching approximately 6.77 million tonnes. This growth was notable as it occurred despite heavy monsoon rains during the month.… Read More »
4,000 GST Complaints Flood Consumer Helpline in First Week of Reforms Surge in Consumer Grievances Following the rollout of the GST 2.0 reforms on September 22, the National Consumer Helpline (NCH) registered a total of 3,981 GST-related complaints/calls within the first week (as of the following Thursday). This surge indicates widespread public dissatisfaction over… Read More »
Custody Unwarranted: Panvel Businessman Granted Bail in ₹60 Crore GST Fake Invoice Case Grounds for Granting Bail The Esplanade court granted bail to Nandlal Pandurang Uike, a Panvel-based businessman accused in a GST fraud case involving ₹60 crore in fake invoices and a wrongful Input Tax Credit (ITC) claim of ₹10.68 crore. The court ruled… Read More »
Gujarat High Court Questions CBDT Over ITR and Tax Audit Deadline Discrepancy The Gujarat High Court has sought an explanation from the Central Board of Direct Taxes (CBDT) as to why it extended the deadline for filing the Tax Audit Report (TAR) without simultaneously extending the due date for filing the corresponding Income Tax… Read More »