Form 18 User manual Income Tax Act 2025 1. Overview Form 18 is the application form used to seek notification of an affordable housing project as a specified business under Section 46 of the Income Tax Act, 2025. An assessee must file this form with the Member (IT), CBDT to obtain official government notification for… Read More »
Tax Calendar for May 2026 Income Tax due dates in May 2026 7th May, 2026 Tax Calendar for May 2026 Income Tax due dates in May 2026 TDS/TCS Due date for deposit of Tax deducted/collected for the month of April, 2026. However, all sum deducted/collected by an office of the government shall be paid to… Read More »
Important GST Case Laws 28.04.2026 Relevant Act Section / Rule Case Law Title Citation Brief Summary CGST Act, 2017 Sec 2(17) & 7 Coimbatore Branch of IMA, In re Click Here Association & Members: Subscriptions and seminar fees are “business” and “supply.” Sec 7(1)(aa) treats associations and members as distinct; the principle of mutuality is… Read More »
No Simultaneous Levy of General Penalty under Section 125 if Late Fee under Section 47 is Applicable Facts The Default: The petitioner failed to file the GST Annual Return (Form GSTR-9/9C) for the Financial Year 2018-2019 within the prescribed timeline under Rule 80. Departmental Action: The Revenue issued a Show Cause Notice (SCN) in Form… Read More »
Form 146 User Manual Income Tax Act 2025 1. Overview Form 146 is needed when you make a taxable payment of more than ₹5 lakh in a year to a person who lives outside India or to a foreign company. It is required every time you make such a payment. A Chartered Accountant (CA) reviews… Read More »
Writ Jurisdiction Cannot Bypass Statutory Appeals Involving Factual Determinations Facts The Parties: The petitioners are Municipal Corporations and Nagar Parishads (local government bodies). The Dispute: The tax department issued adjudication orders raising GST demands against these municipal bodies for certain transactions. The Challenge: The petitioners bypassed the standard appellate process and filed Writ Petitions directly… Read More »
Consolidated SCN for Multiple Financial Years Under Section 74 is Legally Impermissible Facts The Dispute: The Department (DGGI/Revenue) issued a single, consolidated Show Cause Notice (SCN) dated 18/06/2025 to the petitioner. The Period: The notice clubbed multiple financial years from 2018-19 to 2022-23 into one demand. The Allegation: The Revenue alleged suppression of facts and… Read More »
Validity of Section 73 Orders Issued Within the Extended Limitation Periods for FY 2019-20 Facts The Period: The dispute pertains to Financial Year 2019-20 (1 April 2019 to 31 March 2020). The Allegations: The Department issued a Show Cause Notice (SCN) in Form DRC-01 alleging under-declaration of output tax and excess availment of Input Tax… Read More »
Retrospective Cancellation of GST Registration via Non-Speaking Orders is Legally Untenable Facts The Dispute: The petitioner-taxpayer’s GST registration was cancelled by the Department through a Show Cause Notice (SCN) and a subsequent Order-in-Original (OIO). Procedural Lapses: The petitioner alleged that the cancellation order was a “non-speaking order” (contained no specific reasons) and was issued without… Read More »
Form 174 Income Tax Act 2025 1. Overview Form 174 is filed by an Pension fund to avail 100% tax exemption to their dividend, interest, any sum referred to in section 92(2)(k) of Income Tax Act, 2025 and capital gains arising from under an investment made by a specified person in India, whether in the… Read More »