CBDT Notification No. 38/2025: Disallowance of Settlement Expenses

CBDT Notification No. 38/2025: Disallowance of Settlement Expenses On April 23, 2025, the Central Board of Direct Taxes (CBDT) issued Notification No. 38/2025, introducing significant changes to the deductibility of certain business expenditures…

Penalty under Section 122 of GST

Penalty under Section 122 of GST:  Before diving into the details, here’s a quick overview: Section 122 of the CGST Act, 2017 enumerates 21 distinct offences ranging from issuing false invoices to obstructing tax officers, and prescribes a penalty …

Supply under GST section 7: What Section 7 and Schedules I, II, III

GST Supply Analysis: What Section 7 and Schedules I, II, III The concept of “ supply ” is the linchpin of the GST framework, serving as the taxable event upon which GST liability arises . Any transaction not classified as a “ supply ” falls entirel…

Extension of Time Limit for Filing Appeal under GST

Extension of Time Limit for Filing Appeal under GST Let’s face it — when dealing with legal and tax matters, life always finds a way to throw a curveball. Maybe your accountant took an unplanned vacation. Or maybe a key team member left during th…

Appeal under GST section: Appeal and Revision Mechanism under GST

Appeal under GST section : Appeal and Revision Mechanism under GST This article focuses on appeal under GST section: Appeal and Revision Mechanism under GST , exploring the various statutory appeal and revision provisions with section-wise reference…

Load More
That is All