Category Uncategorized

Receiving a GST Show Cause Notice (SCN) can be stressful, especially when the notice mentions tax liability, Input Tax Credit (ITC), interest, penalty or other compliance issues. But the first thing a taxpayer should understand is simple: A GST Show…

Introduction In the income tax system, filing a return and completing assessment proceedings are not always the final steps. In certain cases, the Income Tax Department may determine that additional tax is payable by the taxpayer. When such additional tax…