Understand how the inverted duty structure (IDS) under GST leads to accumulated ITC, refund delays, and working capital blockages for businesses. Learn the refund mechanism under Rule 89(5), required documents for RFD-01, recent policy reforms, and key situations where IDS refunds are restricted or denied.
GST litigation in India continues to rise due to disputes over ITC denial, misclassification, return mismatches, tax demands, refunds, e-way bill lapses, and procedural lapses by authorities. With aggressive enforcement, inconsistent state interpretations, tribunal delays, and evolving compliance issues, taxpayers increasingly seek relief through High Courts and the Supreme Court.
Discover how Indian taxpayers can easily correct mistakes in their ITR, whether it's missing income, wrong TDS details, skipped deductions or personal information errors. Learn when a return can be revised, how to fix discrepancies using Form 26AS/AIS, and the right time to file a revised, updated or rectification return to avoid notices and ensure smooth refunds.
Discover how a simple shift in dates can change GST rates, ITC eligibility and tax liability in continuous supply contracts.
Finance Minister tabled two new bills and proposes new excise levies on cigarettes, pan masala and gutkha, keeping tobacco taxes high.
In India with 1.2 Billion mobile users, one app secretly becomes the hero by recovering 700,000 devices.
Know why Preity Zinta's bank transactions triggered a huge tax notice and how she proved the cash credits were genuine.
UIDAI has deactivated over 2 crore Aadhaar numbers of deceased individuals to curb identity fraud. Learn how to report a family member's death, deactivate Aadhaar, and check deactivation status online or offline.
Explore how a Rs 570 concert ticket lost GST exemption, why joint invoicing is invalid under GST law and how Section 15 fixes the true transaction value.
Understand why a negative lien is not a corporate guarantee and carries no transfer pricing implications, as clarified in the ITAT Delhi ruling in JOGPL Pvt Ltd.
All Subjects Combo (Regular Batch) Jan & May 26