Popular Articles

New MCA Guidelines for LLP Form 11 & Form 8 Filing

Ishita Ramani 07 June 2025 at 08:55

This article explains the new MCA guidelines for LLP Form 11 and Form 8 filing and their significance.

2 Houses - Tax Issue Simplified in Budget?

CA Umesh Sharma 11 February 2025 at 08:41

This budget has brought significant simplification in the tax treatment of house properties, particularly for self-occupied properties. Earlier, if you owned more than one house, certain restrictions were applied regarding how they were taxed, which often resulted in unnecessary tax liability.

The Unstable Pillar: Why Cooperative Banks in India Continue to Falter

CA Abhishek Agarwal 17 February 2025 at 07:34

A deep dive into RBI's annual report reveals a staggering statistic: cooperative banks account for the highest number of penalties among financial institutions...

Supreme Court Ruling on Reassessment Notices: 90,000 Taxpayers Affected by SC Verdict

Sahil Jaiswal 07 October 2024 at 10:45

The recent Supreme Court ruling on tax reassessment notices has significant consequences for around 90,000 taxpayers. The verdict upholds the validity of reasse..

Challenges Faced By Small and Medium-Sized Enterprises in 2024

Ishita Ramani 18 November 2024 at 05:14

In this article, we elaborate the challenging situations faced by Small and Medium-sized businesses, supplying insights and ability solutions.

Examples of Direct Tax and Indirect Tax in Everyday Life

Ishita Ramani 09 December 2024 at 08:45

This article explores examples of direct tax and indirect tax in everyday life that will help you apprehend their impact.

AOs Mandated to Issue Low TDS Certificates Based on Rule 28AA Principles

Vivek Jalan 28 February 2024 at 14:06

For issuance of Low TDS Certificate, AO cannot see profitability of assesses; But has to rely on 4 principles of Rule 28AA

Understanding Challan 280 for Income Tax Payment

Ishita Ramani 26 December 2024 at 08:41

This article provides a detailed knowledge of Challan 280 and how it performs a vast position in income tax payment.

Adjustment versus Refund of Excess GST Paid: Legal Position under Sections 39(9) and 54 of the CGST Act, 2017

Raj Jaggi 24 November 2025 at 10:13

Discover how excess GST paid in previous years can be handled under the CGST Act, 2017. Understand limitations on rectifying past returns, why adjustments against current liabilities are not permitted, and how refunds under Section 54(1) and constitutional protections under Article 265 provide the only legal remedy for taxpayers who detect overpayments belatedly.

55th GST Council: Major Amendments in CGST Rules Affecting IMS

Vivek Jalan 04 January 2025 at 08:50

Analysis of the 55th GST Council's decision for Amendments in the CGST Act, 2017 and CGST Rules, 2017 in respect of the functionality of the Invoice Management System (IMS)