Articles by Vivek Jalan

ISD ITC Distribution: Rule 39(1) vs Section 20 Clarity

Posted by Vivek Jalan 09 April 2026 321 Views

Understand the Madras High Court's ruling on ISD ITC distribution timing. Learn how to comply with Section 20 and Rule 39(1) for prompt credit flow.

Tax Authorities Track B2C Sales: POS, Swiggy Data & More

Posted by Vivek Jalan 07 April 2026 338 Views

Discover how tax authorities use POS, Swiggy, and banking data to track B2C businesses. Learn how to ensure transparent reporting and avoid penalties.

Income Tax Act 2025: Transitional Provisions Explained

Posted by Vivek Jalan 06 April 2026 294 Views

Understand the transition from Income Tax Act 1961 to ITA25. Key changes, deadlines, and implications for taxpayers from April 1, 2026.

GST Books Closure 2026: Key Steps & Recent Updates

Posted by Vivek Jalan 04 April 2026 558 Views

Prepare for GST 2.0! Learn essential steps for March-April 2026 book finalization, including vendor KYC, credit notes, rate changes, and reconciliation.

Educational Seminar Costs: Charitable Institutions' Main Object

Posted by Vivek Jalan 10 February 2026 172 Views

Discover if expenditure on educational seminars by charitable institutions is allowable. Learn about the 'Charitable Institutions' main object' and tax implications.

Background Screening Payments: Not FTS or Royalty

Posted by Vivek Jalan 09 February 2026 115 Views

Discover why payments for background screening and investigation services are neither Fees for Technical Services (FTS) nor royalty, based on a key legal ruling.

Discounts & Incentives Not Unexplained Cash Credits

Posted by Vivek Jalan 09 February 2026 102 Views

Learn how ITAT Chennai ruled that discounts and incentives, when properly explained and offered to tax, are not unexplained cash credits under Section 68.

Section 69C vs 105 ITA 2025: Tax Law Shift

Posted by Vivek Jalan 22 December 2025 591 Views

Discover the fundamental shift from Section 69C to Section 105 of ITA 2025. Understand the stricter implications for unexplained expenditure and tax deductions....

Tax Refund Time Limit: Paid Tax vs. Exempt Income

Posted by Vivek Jalan 19 December 2025 184 Views

Understand the 6-year time limit for tax refunds. Learn when it applies to paid tax and when it doesn't for exempt income.

Quantum Order Penalty? Legal Recourse Under Section 271(1)(c) & 270A

Posted by Vivek Jalan 18 December 2025 89 Views

Accepted a quantum order but received a penalty? Discover your legal remedies under Sections 271(1)(c) and 270A of the Income Tax Act. Learn how to contest.