Introduction The GST annual return filing for FY 2024-25 brings significant structural changes that every business owner and tax professional must understand. The Central Board of Indirect Taxes and Customs (CBIC) has introduced these amendments through Notification No. 13/2025-CT dated September 17, 2025, fundamentally changing how taxpayers report Input Tax Credit (ITC), reconcile data, and […]
The recent ruling by the Hon’ble Madras High Court in the matter of M/s. Great Heights Developers LLP v. Additional Commissioner Office of the Commissioner of CGST & Central Excise, Chennai [Writ Petition No. 1324 of 2024 dated February 01, 2024], marks a significant development in the realm of tax law.
In the case of Chukkath Krishnan Praveen vs. State of Kerala, the Kerala High Court has issued a directive instructing tax authorities to entertain rectification requests for errors in GSTR-3B filings.
more reasonable timeframe of 3 months for the assessee to make the payment. If the payment was not completed within this extended period, the revenue authority retained the right to initiate recovery proceedings.
The Patna High Court has clarified that the direct invocation of Article 226 of the Constitution of India is impermissible when a taxpayer neglects to file a statutory appeal under the Central Goods and Service Tax Act (CGST).
In a bid to combat tax evasion and promote transparency in financial transactions, banks in India have been directed to notify the income tax department about significant cash deposits involving ₹2,000 currency notes above a specified threshold. This reporting requirement falls under the statement of financial transactions (SFT) that banks are mandated to submit annually.
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