Blog tagged as GSTreturn

How One Word Saved a Taxpayer from Paying Over Rs. 1 Crore in Capital Gains Tax
The Bombay High Court ruled this tiny wording gap meant full capital gains exemption — zero tax on ₹1.08 crore.
11.08.25 03:57 AM - Comment(s)
The Madras High Court recently made a big decision about Input Tax Credit (ITC).
The Madras High Court recently made a big decision about Input Tax Credit (ITC)
01.07.25 07:41 AM - Comment(s)
Income Tax Deductions and Exemptions for Solar Panel Businesses in India

As the global focus shifts toward sustainable energy, India has taken significant steps to promote renewable energy adoption. To support this green transition, the Government of India has introduced several income tax deductions and exemptions for businesses investing in solar panel installations an...

13.06.25 05:29 AM - Comment(s)
Advisory on Reporting Values in Table 3.2 of GSTR-3B
The Goods and Services Tax Network (GSTN) has issued an advisory regarding Table 3.2 of GSTR-3B, with critical updates effective from the April 2025 tax period. This advisory outlines the changes and processes required for accurate reporting of inter-State supplies.
13.04.25 07:10 AM - Comment(s)
Advisory on Table-12 of GSTR-1 and GSTR-1A; Key Updates for Taxpayers
The Goods and Services Tax Network (GSTN) has recently issued an advisory regarding significant changes to Table-12 of GSTR-1 and GSTR-1A, effective from the tax period of April 2025.
13.04.25 05:13 AM - Comment(s)