Popular Articles

From Motor Vehicles to Luxury Goods: Expansion of TCS u/s 206C(1F)

CA KAJAL AGRAWAL 31 January 2026 at 09:21

CBDT expands Section 206C(1F) to levy TCS on sale of notified luxury goods above Rs 10 lakh from 22 April 2025. Know the scope, buyers and compliance.

New NPS Reforms: Why the National Pension System Is Now More Investor-Friendly

Pranab Banerjee 26 December 2025 at 06:47

NPS now works more like a friendly savings partner than a rigid rulebook. Let's understand how these changes make NPS easier and more attractive for the general public.

Tax Deduction on Salary Paid To Non-Resident

Chaitra Seetharam 03 November 2025 at 09:23

Indian tax law requires employers to deduct TDS from the salaries of non-resident employees working in India. This deduction, governed by Section 192, is mandat..

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.

Due Date Calendar - June 2024

CS Divesh Goyal 03 June 2024 at 11:07

Due Date Calendar for the month of June 2024

Inside Byju's Financial Meltdown

CA Pallav Singhania 18 July 2024 at 08:39

This article aims to break down the situation in simple terms and explain what it means for everyone involved.

Latest Central Excise Developments: A Practical Analysis of Notifications dtd 31st Dec 2025

Raj Jaggi 15 January 2026 at 07:36

From 1 February 2026, the government revives capacity-based central excise on gutkha and chewing tobacco, signalling the failure of valuation-based taxation

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.