Latest Articles

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...

Team Counselvise - January 3, 2026

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...

Team Counselvise - January 3, 2026

GST

E-Way Bill Compliance Under GST: 10 Mistakes That Can Detain Your Goods

Navigating GST compliance in India becomes especially risky when goods are on the move. The e-way bill (EWB), mandated under Rule 138 of the...

Team Counselvise - December 31, 2025

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...

Team Counselvise - December 29, 2025

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....

Team Counselvise - December 26, 2025

Income Tax

₹22,257 Crore Offshore Gain | ITAT Reaffirms Treaty Protection Over Indirect Transfer Rules

ITAT’s Landmark Ruling in the eBay Singapore–Flipkart Case At the heart of the dispute was whether India can tax ₹22,257 crore of capital gains merely...

Team Counselvise - December 23, 2025

GST

Expat Secondment Not Taxable Under GST

Facts of the case: The petitioner, Alstom Transport India Limited (“Alstom India”), operates in infrastructure projects (railways/metro), including design, manufacturing, installation and services. Between July 2017 and March 2023, employees...

Team Counselvise - December 15, 2025

Income Tax