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Common Reasons for Receiving a Section 142 Income Tax Notice

Receiving a notice from the Income Tax Department can feel overwhelming, especially if it’s under Section 142(1) of the Income Tax Act, 1961. However...

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GST Amnesty Scheme 2024: Key Details for Taxpayers

The GST Amnesty Scheme 2024, effective from November 1, 2024, under Section 128A of the CGST Act, provides taxpayers an opportunity to settle GST demand notices for...

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What Startups Need to Know About GST

The Goods and Services Tax (GST), implemented in India on July 1, 2017, is a comprehensive, multi-stage, destination-based tax that has replaced multiple indirect taxes like VAT, excise duty, and...

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