Form 53 Income Tax Rules 2026 pdf download and Key points Form 53 Income Tax Rules 2026 pdf download and Key points FORM NO. 53 [See rule 118] Form for filing particulars of past years for calculating relief in tax payable under section 206(1). Under the Income-tax Rules, 2026, Form No. 53 replaces the erstwhile… Read More »
How to Download and use IMS Offline Tool on GST portal How to Download and use IMS Offline Tool on GST portal Advisory for IMS Offline Tool on GST Portal The Invoice Management System (IMS) was introduced on the GST portal effective from the October 2024 tax period. The system enables recipient taxpayers to take… Read More »
Important GST Case Laws 21.04.2026 Section Case Law Title / Authority Key Legal Verdict Citation Sec 7 (CGST) Neha Piyush Shah v. UoI Voucher Taxation: Tax is only applicable on the commission or fee earned; the entire face value of the voucher sale-purchase turnover is not taxable. Click Here Sec 11 (CGST) Gorantla Geosynthetics (AAR)… Read More »
AAR Rules: Bio-mining Services to Governmental Authorities are Exempt Under Sl. No. 3, Notification 12/2017. The Dispute: Classification vs. Exemption The applicant was contracted by the Goa Waste Management Corporation (GWMC) to handle the remediation of legacy waste (old, accumulated garbage) at specific sites in Goa. This process, known as Bio-mining, involves excavation, screening using… Read More »
Omission of Rule 96(10) in October 2024 retroactively quashes all pending IGST refund disputes. The Dispute: The “Rule 96(10)” Roadblock The Conflict: Petitioners (exporters) had claimed IGST refunds on goods exported. The Customs Department issued Show-Cause Notices (SCNs) and denied these refunds by invoking Rule 96(10). The Restriction: This rule essentially blocked exporters from claiming… Read More »
Consolidated SCNs for multiple years are illegal; each financial year is a separate assessment unit. The Dispute: Bundling vs. Year-wise Assessment The Conflict: The Respondent issued a single consolidated SCN covering four financial years (2018-19 to 2021-22), alleging tax suppression. This was followed by a composite adjudication order covering the entire period. The Petitioner’s Argument:… Read More »
ITC is allowed on civil foundations and structural supports exclusively designed for plant and machinery. The Dispute: Immovable Property vs. Plant & Machinery The Conflict: The applicant, a pharmaceutical manufacturer, built specialized Reinforced Cement Concrete (RCC) foundations and steel supports to hold heavy API (Active Pharmaceutical Ingredient) machinery. Under Section 17(5)(c) of the GST Act,… Read More »
GST applies only to distribution commission, not the full face value of traded vouchers. The Dispute: Vouchers as “Goods” vs. “Actionable Claims” The Conflict: The Petitioner traded in vouchers. The GST Department treated the vouchers themselves as “goods” and demanded GST on the entire turnover (total sales value) shown in the Profit & Loss (P&L)… Read More »
How to check GST number is regular or composition To check if a GST number (GSTIN) is under the Regular or Composition scheme, you can use the official government portal or inspect the business’s physical signage and invoices. 1. Official GST Portal (Recommended) This is the most reliable method and does not require a login.… Read More »
Form 52 Income Tax Rules 2026 pdf download and Key points Form 52 Income Tax Rules 2026 pdf download and Key points FORM NO. 52 [See rule 113] Annual Compliance Report on Advance Pricing Agreement Under the Income-tax Rules, 2026, Form No. 52 replaces the erstwhile Form 3CEF. It is governed by Section 169 of… Read More »