Form 105 & 107 User Manual Income Tax Act 2025 Form 105 & 107 User Manual 1. Overview For certain categories of non profit organisations (NPOs), the Income tax Act, 2025 requires them to obtain regular registration or regular approval in order to continue claiming tax exemptions on income and to enable donors to claim deduction for donations. This… Read More »
Form 80 User Manual Income Tax Act 2025 1. Overview A Qualifying company may opt for the tonnage tax scheme by making an application under section 231(1) to opt for the tonnage tax scheme or under section 231(10) for renewing the option for the tonnage tax scheme in Form No. 80. 2. Prerequisites for availing… Read More »
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 »