Blog
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GST Appeal Rejected What Next?
- July 29, 2025
- Posted by: Amit Mundhra CA
- Category: GST
1 Comment
GST appeal rejected what next? Know your options. GSTAT is now operational with 31 benches across India. Learn the time limits, pre-deposit rules, stay of recovery procedure, and how to file your second appeal before the GST Appellate Tribunal.
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Relief for TDS Deductors: New CBDT Circular 9/2025 dated 21-07-2025
- July 23, 2025
- Posted by: Rajendra Gora
- Category: Income Tax
CBDT Circular No. 9/2025 gives relief from higher TDS on inoperative PANs. No higher TDS if PAN is linked by 30 Sept 2025 for payments till 31 Jul 2025, and within 2 months for payments after 1 Aug 2025.
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Animal Husbandry Infrastructure Development Fund (AHIDF Scheme)
- July 16, 2025
- Posted by: Amit Mundhra CA
- Category: Government Schemes
Complete information about AHIDF Scheme 2025: Learn about Animal Husbandry Infrastructure Development Fund eligibility, benefits, application process & interest subvention for businesses
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TDS on Purchase of Software from Outside India u/s 195
- July 6, 2025
- Posted by: Amit Mundhra CA
- Category: Income Tax Cases
The Supreme Court in the Engineering Analysis case ruled that payments for software purchases without transfer of copyright are not ‘royalty’ and hence not subject to TDS under Section 195. This landmark decision brings clarity on TDS applicability for software, cloud services, and cross-border transactions.
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Additional Interest Subsidy in Rajasthan – MSME Policy 2024
- June 23, 2025
- Posted by: Amit Mundhra CA
- Category: Rajasthan MSME Policy 2024
Find out how MSMEs in Rajasthan can benefit from the new interest subsidy scheme under the MSME Policy 2024. Learn about the additional financial support available over RIPS 2024, including subsidy on loan interest, credit guarantee fee reimbursement, and special incentives for women, youth, SC/ST, and ODOP entrepreneurs.
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SME IPO Subsidy Scheme under Rajasthan MSME Policy 2024
- May 25, 2025
- Posted by: Amit Mundhra CA
- Categories: MSME, Rajasthan MSME Policy 2024
Looking to raise funds through an SME IPO? Rajasthan MSME Policy 2024 offers a subsidy of up to ₹15 lakh to help cover your listing expenses. Learn how your business can benefit from the SME IPO Subsidy Scheme and boost its growth.
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Key Judicial Pronouncements – Mechanical Approvals in Section 148 Notices
- May 10, 2025
- Posted by: Amit Mundhra CA
- Category: Income Tax Cases
This article covers important court judgments where reassessment notices under Section 148 were struck down due to mechanical approvals under Section 151. It highlights how courts are emphasizing the need for independent satisfaction rather than rubber-stamp approvals, with detailed case law analysis from Delhi, Bombay, and Gujarat High Courts.
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Taxation of Crypto Futures in India – A Complete Analysis
- May 4, 2025
- Posted by: Amit Mundhra CA
- Category: Income Tax
This article explains why crypto futures are not classified as Virtual Digital Assets (VDAs) and are instead likely to be taxed as speculative income. Learn how income from crypto futures is treated under Section 43(5), how it differs from the 30% VDA tax under Section 115BBH, and what deductions and set-offs are allowed under Indian tax law.
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Reassessment Under Section 148 – Old vs New Regime: Life After the Rajeev Bansal Verdict
- April 20, 2025
- Posted by: Amit Mundhra CA
- Category: Income Tax Cases
What happens when the Income Tax Department issues reassessment notices under Section 148 without following the proper law? This article explains the key changes under the old and new reassessment rules, the Supreme Court’s verdict in Rajeev Bansal, and how recent ITAT rulings are cancelling time-barred or invalid notices.