by Sumeet Khanna | Apr 15, 2025 | Goods & Service Tax
📢 GST Alert! GSTN rolls out Phase-III changes in Table-12 of GSTR-1/1A from the April 2025 tax period onward. Here’s what’s new: ✅ Table 12 split into B2B and B2C sections — HSN-wise summary to be reported separately✅ Manual HSN entry disabled — select HSN...
by Sumeet Khanna | Apr 15, 2025 | Goods & Service Tax
🚨 GSTN Advisory Alert – Inter-State Supply Reporting in GSTR-3B 🚨 From the April 2025 tax period onwards, Table 3.2 of GSTR-3B will be non-editable. It will now be auto-populated based on details reported in Form GSTR-1, GSTR-1A, or IFF. 📌 Manual edits in GSTR-3B...
by Sumeet Khanna | Feb 14, 2025 | Corporate Law
🚨 Income-tax Bill 2025 v. Income-tax Act 1961: Key Changes! 🚨 The Finance Minister, Smt. Nirmala Sitharaman, tabled the Income-tax Bill 2025 (ITB) in Parliament on 13th February 2025. Here are some of the major changes compared to the Income-tax Act 1961 (ITA): 🔹...
by Sumeet Khanna | Jan 20, 2025 | Income Tax
In exercise of the powers conferred by sub-section (5) of section 9 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification number...
by Sumeet Khanna | Jan 20, 2025 | Corporate Law
In exercise of the powers conferred by sub-section (1) of section 11 of the Central Goods and Services Tax Act, 2017 (12 of 2017), read with sub-section (1) of section 11 of the Goods and Services Tax (Compensation to States) Act, 2017 (15 of 2017) and sub-section (1)...
