Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Objective characteristics and principal use govern mining-tyre classification, while fresh advance ruling applications may rely on additional technica...
From January 2026 the portal's GSTR 3B filing is enhanced: interest is computed using the net tax liability minus the minimum cash balance in the Electronic Cash Ledger from the return due date to payment date (per proviso to Rule 88B(1)), and that system computed interest in table 5.1 will be auto populated as a non editable minimum while taxpayers may self assess and increase it. The portal will auto populate the tax liability breakup in GSTR 3B from document dates in GSTR 1/GSTR 1A/IFF for earlier periods; values are suggestive and may be raised by taxpayers. From January 2026 IGST exhaustion permits cross utilisation of CGST/SGST ITC in any sequence. Delayed final returns (GSTR 10) will collect interest for late last GSTR 3B filings.
From January 2026 the portal's GSTR 3B filing is enhanced: interest is computed using the net tax liability minus the minimum cash balance in the Electronic Cash Ledger from the return due date to payment date (per proviso to Rule 88B(1)), and that system computed interest in table 5.1 will be auto populated as a non editable minimum while taxpayers may self assess and increase it. The portal will auto populate the tax liability breakup in GSTR 3B from document dates in GSTR 1/GSTR 1A/IFF for earlier periods; values are suggestive and may be raised by taxpayers. From January 2026 IGST exhaustion permits cross utilisation of CGST/SGST ITC in any sequence. Delayed final returns (GSTR 10) will collect interest for late last GSTR 3B filings.
Note: It is a system-generated summary and is for quick reference only.
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