Articles by CA Varun Gupta

Section 271(1)(c) Penalty Disputes: Legal Analysis

Posted by CA Varun Gupta 11 June 2025 1482 Views

Understand Section 271(1)(c) penalty disputes. Learn why specifying the charge (concealment vs. inaccurate particulars) is crucial for validity.

Penalty Proceedings Must Be Deferred During Pendency of Quantum Appeal: Legal Framework and Judicial Guidance

Posted by CA Varun Gupta 06 June 2025 1353 Views

Understand why penalty proceedings under income tax law should be kept in abeyance when the quantum addition is under appeal. Learn legal precedents, practical guidance, and taxpayer rights.

ITR-U vs Condonation of Delay: Which is Best?

Posted by CA Varun Gupta 07 March 2025 904 Views

Compare ITR-U (Sec 139(8A)) and Condonation of Delay (Sec 119(2)(b)). Learn which is best for missed ITR deadlines, losses, and refunds.

ITR-U: File Updated Income Tax Return After Budget 2025

Posted by CA Varun Gupta 03 March 2025 2638 Views

Learn about the ITR-U (Updated Income Tax Return) under Section 139(8A). Discover eligibility, deadlines extended to 4 years, and how to file to correct past errors.

GSTR-9/9C Filing Deadline Extended: Avoid Penalties

Posted by CA Varun Gupta 27 February 2025 16457 Views

Missed GSTR-9 or GSTR-9C deadlines? File by March 31, 2025, with late fees waived. Avoid penalties and ensure GST compliance now!

Condonation of Delay in ITR Filing: Section 119(2)(b) Explained

Posted by CA Varun Gupta 19 February 2025 2288 Views

Understand Section 119(2)(b) & CBDT Circular 11/2024 for condoning ITR filing delays. Learn eligibility, procedures, and implications for refunds & loss carry-forwards.

Comprehensive Comparison of Section Numbers: Income Tax Act, 1961 vs. Income Tax Act, 2025

Posted by CA Varun Gupta 18 February 2025 7958 Views

To assist with this transition, the government has released a comparison chart that maps the sections of the Income Tax Act 1961 to their corresponding sections in the Income Tax Act 2025. This chart will be highly beneficial in helping you quickly locate the new sections if you remember the old section numbers.