GST appeals explained: first appeal APL-01 under section 107, GSTAT APL-05 under section 112, High Court under section 117, time limits, pre-deposit and strategy.
GST show cause notice reply: DRC-01, DRC-06, section 73, 74 and 75, limitation, personal hearing, preliminary objections, DIN, a reply template outline and a worked timeline.
ITC mismatch under GST: section 16(2)(aa), GSTR-2B, ASMT-10, DRC-01A, supplier default, case law, documents to rely on and a reply strategy.
Blocked input tax credit under section 17(5) CGST Act: motor vehicles, food, construction, works contract, personal use, with exceptions, Safari Retreats and a worked example.
GST registration cancellation and revocation: grounds under section 29, show cause notice under Rule 22, revocation under section 30 and Rule 23, time limits and a step-by-step guide.
TDS default consequences: interest under section 201(1A), late fee 234E, penalty 271H and 271C, 30% disallowance under 40(a)(ia) and prosecution, with a worked example.
Income tax interest and penalties explained: sections 234A, 234B, 234C, 234F, 270A and 271B with rates, triggers, a worked example and ways to reduce exposure.
Common ITR filing mistakes that trigger income tax notices: AIS mismatch, wrong form, foreign assets, unverified return, wrong deductions, with fixes and a checklist.
MSME 45-day payment rule under section 43B(h): who is covered, 15 and 45 day limits, disallowance, MSMED Act interest, worked example and compliance steps.
The Ministry of Corporate Affairs (MCA) has redefined the landscape for private companies by enhancing the thresholds for classification as a Small Company. With the revised limits of paid-up capital up to Rs. 10 crore and turnover up to Rs. 100 crore (effective from the date of publication in the Official […]