Practical checklists and clear explanations for individuals, professionals and businesses.
A complete theory and practical guide to GSTR-9C, covering applicability, Tables 1 to 16, Part V, turnover, tax and ITC examples, mismatch reasons and filing checks.
CBDT has notified Form ITR-BN for block assessment returns arising from income-tax searches and requisitions initiated on or after 1 April 2026. This guide explains the new form, block period, tax working, documents and filing precautions.
A practical and theory-based guide for business owners who have accounting profit but little cash. Learn where the money is blocked, which year-end entries are lawful, and how partner remuneration, bad debts, stock and outstanding expenses should be checked.
A practical and theory-based guide to calculating STCG and LTCG from shares and equity mutual funds. Understand AIS, acquisition cost, tax rates, losses and ITR reporting with clear examples.
The Gauhati High Court held that Section 67(4) permits sealing only to overcome denied access during a GST search. It cannot be used to keep an office sealed after the search and seizure is complete.
NCLAT held that two DSK Motors appeals no longer required a decision because a fresh NCLT order had superseded the earlier attachment order. The merits of the IBC and PMLA dispute remain open in a separate pending appeal.
Bombay High Court held that Section 194A(3)(v), as applicable to AY 2016-17, exempted interest paid by a co-operative bank to depositors that were co-operative societies. The Court set aside the TDS default findings against eight branches of Citizen Credit Co-operative Bank.
NCLAT held that a personal guarantor's Section 94 application may be rejected at the maintainability stage without first appointing a Resolution Professional where admitted facts and applicable law show that the application is not maintainable.
Choosing the correct ITR is the first important step for a proprietor, freelancer or professional. This guide explains when ITR-3 applies, when ITR-4 can be used, the presumptive-tax limits and the important AY 2026-27 checks.
The Supreme Court dismissed the Revenue challenge in the LTI Mindtree discount provision matter. The Karnataka High Court ruling, which found no substantial question of law after noting the provision was based on an established method and was fully discharged later, remains undisturbed.
The Supreme Court held that a shareholder who did not sign the main settlement could still be referred to arbitration because his share transfer was an essential part of the same composite takeover transaction.
The Punjab and Haryana High Court applied its Luxmi Traders ruling to hold that merely uploading a GST notice or order on the common portal does not by itself settle the question of valid service. Acknowledgement, reply and the way the proceedings were contested can materially affect the result.
