Judgement

The Allahabad High Court ruled that once GST late fees under Section 47 are paid, imposing an additional general penalty under Section 125 for the same default is unjustified and unlawful.

GST: When Section 47 Late Fee Is Already Paid, Additional Penalty U/s 125 Cannot Be Imposed, Says HC

News

Raghav Chadha proposes a joint tax filing system for married couples in India to make taxation fairer for households with the same combined income.

Raghav Chadha Proposes Joint ITR Filing System for Married Couples

Articles

PhonePe has delayed its IPO due to global conflicts, weak market conditions, and cautious investors, choosing to wait for a more stable environment.

War, Weak Markets, and Cautious Investors: Why PhonePe Hit Pause on Its IPO

Here's a comprehensive overview of the key changes introduced in the Income Tax Act 2025, aimed at simplifying India’s direct tax system, effective from April 1, 2026.

New Income Tax Act 2025: Key Changes and Simplified Tax Rules, Effective from April 2026

The Allahabad High Court quashed a tax show-cause notice and the impugned order after finding a major date discrepancy in the notice.

Show Cause Notice Quashed After Date Discrepancy Found by Allahabad High Court

The GST Department issued an Advisory regarding confirmation of "Tax Liability Breakup, As Applicable" in GSTR-3B-reg.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

GST: When Section 47 Late Fee Is Already Paid, Additional Penalty U/s 125 Cannot Be Imposed, Says HC

Raghav Chadha Proposes Joint ITR Filing System for Married Couples

War, Weak Markets, and Cautious Investors: Why PhonePe Hit Pause on Its IPO

New Income Tax Act 2025: Key Changes and Simplified Tax Rules, Effective from April 2026

Show Cause Notice Quashed After Date Discrepancy Found by Allahabad High Court

GST Advisory on "Tax Liability Breakup" in GSTR-3B: What Taxpayers Must Do from Feb 2026