Articles by Vivek Jalan
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Non-Filing of ITR and Non-Payment of Taxes May Lead to Prosecution u/s 276C
Vivek Jalan 21 November 2025 at 06:27Non-filing of ITR or non-payment of taxes can trigger prosecution under Section 276C of the Income Tax Act for willful tax evasion. Penalties include rigorous imprisonment up to 7 years and fines, especially where evasion exceeds Rs 25 lakh.
Short SCN Response Time Leads to Quashing of GST Demand Order Under Section 75(4)
Vivek Jalan 19 November 2025 at 06:41A GST demand order passed without granting a personal hearing violates Section 75(4) of the CGST Act and the principles of natural justice, as reaffirmed by the Gauhati High Court in Diganta Kumar Deka v. State of Assam. The court set aside the DRC-07 order and allowed de-novo proceedings with adjusted limitation.
No-Income Period Expenses: Can You Claim Deductions Under Section 37(1) or 34(1)?
Vivek Jalan 06 November 2025 at 06:46Explore whether expenses incurred during a no-income period are allowable under Section 37(1) of the Income Tax Act, 1961 or Section 34(1) of ITA, 2025, and understand how unabsorbed depreciation is treated under Sections 32(2) and 33(11).
ITAT Ahmedabad: No Section 14A Disallowance When Assessee Has Sufficient Own Funds
Vivek Jalan 04 November 2025 at 06:34ITAT Ahmedabad rules that disallowance under Section 14A read with Rule 8D is not justified when the assessee has sufficient own funds for investments.
Supreme Court on Section 153C: Why One-Year Incriminating Material Cannot Justify Six-Year Reassessments
Vivek Jalan 25 October 2025 at 09:23Understand the key differences between Sections 153A and 153C of the Income Tax Act, 1961, and how courts have interpreted the scope of incriminating materials in search assessments.
Can Cloud Data Be Treated as 'Books of Account' Under Income Tax Act 2025?
Vivek Jalan 26 August 2025 at 08:37Explore whether cloud data can be treated as 'books of account' under Income Tax Act 2025, just as loose papers were relied upon under ITA 61.
Sections 153A & 153C of the Income Tax Act: Incriminating Material, Judicial Rulings & Assessment Scope
Vivek Jalan 19 August 2025 at 08:30Explore key differences between Sections 153A & 153C of the Income Tax Act, definition of incriminating material, and major Supreme Court rulings.
Section 40A(2)(b): Domestic Transfer Pricing in GST Era
Vivek Jalan 20 January 2025 at 08:38Domestic transfer pricing: Specified Domestic transaction to exclude payments made u/s 40A(2)(b); Inter-unit comparison of net profit in these GST times
Streamlining Tax Laws: Merging Provisions, Enhancing Officer Accountability and Promoting Ease of Compliance
Vivek Jalan 17 January 2025 at 08:47Today each Section and Rule of The Income Tax Act is flooded with Provisions and explanations. Then there are circulars as well as notifications, some of which are so old that it is even difficult to find them publicly.
Condonation of Delay in Filing Key Tax Forms for NPOs & Corporates
Vivek Jalan 06 January 2025 at 08:44Condonation of delay in filing Form 9A/10/10B/10BB for NPOs and 10IC and 10ID for Corporates for availing lower rate of tax
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