Articles
5 Major GST Changes from 1st January 2026
The beginning of 1st January 2026 marks a critical compliance shift under GST laws in India. Several deadlines lapse on 31st December 2025, and multiple system-driven restrictions and consequences become applicable thereafter.
Missing these changes can result in late fees, interest,...
Company Law and IBC
Can a 29-year-old trademark be cancelled for “non-use” despite active commercial invoices?
This question was squarely examined by the High Court of Delhi while deciding a rectification petition under the Trade Marks Act, 1999.
Facts relating to the Issue
The Petitioner, a China-based technology company, sought rectification of...
Income Tax
A Familiar Fear: “If the Tax Credit is there… so where is the Income?”
Every taxpayer has faced this moment.
You open your Form 26AS, You see tax already deducted, And then comes the question from the department:
“If tax was deducted, why haven’t you shown the income?”
That's exactly the situation the Delhi...
GST
Why prices of Sin goods are rising: GST, Cess and the Real Impact on Consumers
In recent months, consumers across India have noticed a steady increase in the prices of sin goods such as cigarettes, tobacco and pan masala. This has naturally led to questions: Has GST increased? Why are prices rising...
Income Tax
Why Forgotten Income-Tax Demands Are Not Automatically Payable
Over the last few weeks, income-tax demands dating back 15–20 years have suddenly started appearing on the Income-tax portal.
As a Chartered Accountant, it’s important to separate portal disclosure from legal enforceability.
What Is Actually Happening?
These...
Company Law and IBC
MCA Simplifies Director KYC Under the Companies Act
The Ministry of Corporate Affairs (MCA) has amended Rule 12A of the Companies (Appointment & Qualification of Directors) Rules, 2014.
Annual DIR-3 KYC filing has been replaced
A simplified KYC intimation once every three years will...
Articles
How Labour Codes Repriced Employee Benefits on the BS ?
What Happened?
The Institute of Chartered Accountants of India (ICAI) has issued accounting clarifications stating that any incremental gratuity and leave encashment liability arising from the new labour codes must be recognised immediately as an...
GST
Is a Solar power project taxable at 5% as a composite supply, or at 18% as a works contract?
For years, solar EPC contracts were stuck in a GST grey area of 5% or 18%?
That uncertainty has now been put to rest. In Sterling and Wilson Private Limited vs. Joint Commissioner (2025)...
Recent posts
Want to publish your own blogs?
Write an Article
+91 97234 00220
support@counselvise.com