Advisory on reporting values in Table 3.2 of GSTR-3B Dec 5th, 2025 Table 3.2 of Form GSTR-3B captures the inter-state supplies made to unregistered persons, composition taxpayers, and UIN holders out of the total supplies declared in Table 3.1 & 3.1.1 of GSTR-3B and is auto-populated from corresponding supplies declared in GSTR-1, GSTR-1A, and IFF… Read More »
Strengthening GST Compliance: ICAI’s New Technical Guide on GSTR-9C Revised Guide for Enhanced Accuracy The Institute of Chartered Accountants of India (ICAI), through its GST & Indirect Taxes Committee, has released the December 2025 edition of the Technical Guide on GST Reconciliation Statement (Form GSTR-9C). This updated edition is designed to facilitate accurate, transparent, and… Read More »
ICAI Empowers Taxpayers: Technical Guide for GSTR-9 (December 2025 Edition) Revised Technical Guide Issued by ICAI The Institute of Chartered Accountants of India (ICAI), via its GST & Indirect Taxes Committee, has released the December 2025 Edition of the “Technical Guide on GST Annual Return (Form GSTR-9)”. The guide incorporates all amendments up to December… Read More »
Notification u/s 10(46A) of the Income Tax Act, 1961 in the case of Tamil Nadu Pollution Control Board MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 4th December, 2025 S.O. 5599(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the… Read More »
Notification u/s 10(46A) of the Income Tax Act, 1961 in the case of Ajmer Development Authority MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 4th December, 2025 S.O. 5600(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act,… Read More »
Notification u/s 10(46A) of the Income Tax Act, 1961 in the case of Tamil Nadu Pollution Control Board MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 4th December, 2025 S.O. 5601(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the… Read More »
Ad-hoc disallowance rejected; PF grace period verification remanded Case I: Ad-hoc Disallowance of Expenses (Section 37(1)) Issue Whether the Assessing Officer (AO) can make an ad-hoc disallowance (e.g., 10%) of travelling and telephone expenses solely because the assessee could not produce complete bills and vouchers, despite the books of account being duly audited. Facts The… Read More »
Section 148 notice issued in June 2021 without Section 148A procedure held invalid Issue Whether a reopening notice under Section 148 for AY 2015-16, issued on 25-06-2021, is valid if it followed the old reassessment procedure relying on TOLA extensions, instead of complying with the mandatory new procedure under Section 148A effective from 01-04-2021. Facts… Read More »
Section 148 notice issued in June 2021 without Section 148A procedure held invalid Issue Whether a reopening notice under Section 148 for AY 2015-16, issued on 25-06-2021, is valid if it followed the old reassessment procedure relying on TOLA extensions, instead of complying with the mandatory new procedure under Section 148A effective from 01-04-2021. Facts… Read More »
Ten-year limitation for search cases validates Section 148 notice issued for AY 2015-16 Issue Whether a reassessment notice issued under Section 148 in August 2024 for Assessment Year 2015-16 is valid, or if it is time-barred, considering the interplay between the amended Section 149 and the limitation periods prescribed for search cases under the erstwhile… Read More »