by Jagdeep Garhwal | Aug 17, 2026 | GST
Small businesses often struggle with slow GST registration processes. Long waits and physical verification frustrate genuine taxpayers. Fortunately, the government introduced Rule 14A to solve this problem. This new rule speeds up registration for low-risk,...
by Jagdeep Garhwal | Aug 15, 2026 | Income Tax
The government has rolled out a fresh relief measure for taxpayers with foreign holdings. The Central Board of Direct Taxes (CBDT) has notified the Foreign Assets of Small Taxpayers – Disclosure Scheme Rules, 2026. This scheme gives small taxpayers a one-time chance...
by Jagdeep Garhwal | Aug 14, 2026 | GST
The Institute of Chartered Accountants of India recently released a fresh, sector-focused resource. <cite index=”17-1″>This GST Sectoral Guide addresses Fast-Moving Consumer Goods, or FMCG, businesses specifically, and it also reflects amendments...
by Jagdeep Garhwal | Aug 14, 2026 | Income Tax
Taxpayers often worry when builders delay a flat’s handover. However, a recent ITAT ruling brings welcome relief. The Tribunal confirmed that genuine delays outside a buyer’s control should not block a rightful tax deduction. What Section 54 Actually...
by Jagdeep Garhwal | Aug 13, 2026 | GST
Many GST-registered businesses have recently received a curious notice. State tax departments are asking them to reverse IGST input tax credit (ITC). However, some taxpayers never even claimed that credit in the first place. This mismatch raises a genuine legal...
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