Articles by CA Naveen Panwar

EPFO Reforms: Direct Online Transfer Claims Without Employer Mediation

Posted by CA Naveen Panwar 25 January 2025 230 Views

In a significant move aimed at enhancing user convenience, the Employees' Provident Fund Organisation (EPFO) has introduced reforms that eliminate the need for routing online transfer claims through an employee's current or past employers.

Government Likely to Introduce Simplified Income Tax Bill in Budget Session

Posted by CA Naveen Panwar 24 January 2025 269 Views

The government is expected to propose a new Income Tax bill during the upcoming Budget session of Parliament, aiming to overhaul the current tax legislation.

Delhi High Court Rules: Grounds of Arrest Must Be Communicated in Writing

Posted by CA Naveen Panwar 23 January 2025 174 Views

In a landmark judgment, the Delhi High Court, in the case of Kshitij Ghildiyal vs. Director General of GST Intelligence, Delhi [W.P. (CRL) No. 3770/2024], has underscored the importance of protecting the rights of individuals during arrest.

Allahabad High Court Quashes GST Demand for Lack of Personal Hearing

Posted by CA Naveen Panwar 22 January 2025 861 Views

In a significant judgment, the Allahabad High Court has set aside a Goods and Services Tax (GST) demand order due to the absence of a personal hearing, reaffirming the principles of natural justice in taxation matters.

MCA Appoints Adjudicating Officer to Address DIN Non-Compliance by M/s Aasvas Nidhi Limited

Posted by CA Naveen Panwar 30 November 2024 163 Views

In a noteworthy enforcement of corporate governance norms, the Ministry of Corporate Affairs (MCA) appointed the Registrar of Companies (RoC), Kerala, as the Adjudicating Officer to address violations of Section 158 of the Companies Act, 2013.

Bombay High Court Restores GST Appeal in Y.M. Motors Pvt. Ltd. vs. Union of India

Posted by CA Naveen Panwar 29 November 2024 486 Views

The case, Y.M. Motors Private Limited vs. Union of India, highlights the judiciary's commitment to safeguarding the rights of taxpayers in instances where technicalities obstruct substantive justice.

Government to Introduce QR Code-Based PAN Cards: 78 Crore PAN Cards to Be Replaced

Posted by CA Naveen Panwar 28 November 2024 1005 Views

In a major technological upgrade, the Indian government is set to revolutionize the Permanent Account Number (PAN) system by introducing QR code-enabled PAN cards.

CBDT's Compliance-Cum-Awareness Campaign: A Step Toward Enhanced Transparency

Posted by CA Naveen Panwar 23 November 2024 491 Views

The Central Board of Direct Taxes (CBDT) has launched a Compliance-Cum-Awareness Campaign for AY 2024-25, focusing on accurate reporting of foreign income and assets in Income Tax Returns (ITR).

CBDT's Revised Condonation Timeline: A Chartered Accountant's Perspective

Posted by CA Naveen Panwar 22 November 2024 1191 Views

The CBDT has recently issued a circular reducing the time limit for filing condonation of delay applications related to ITR. This procedural update is critical for taxpayers seeking to rectify past filing delays, especially for claiming refunds or carrying forward losses.

Landmark Ruling by Allahabad High Court: Goods Under GST Cannot Be Seized for Route Deviation

Posted by CA Naveen Panwar 21 November 2024 840 Views

In a significant judgment, the Allahabad High Court, in the case of Exide Industries Ltd. v. Addl. Commissioner Grade-II (Appeal)-1, delivered on July 9, 2024, ruled that goods transported under the GST regime cannot be seized or penalized solely due to a vehicle deviating from its expected route.