

ITC Cannot Be Denied for Seller’s Default: Supreme Court
Commissioner of Trade and Tax, Delhi, Versus Shanti Kiran India (P) Ltd. In a welcome decision that brings much-needed clarity and fairness to the ITC regime, the Supreme Court has once again held that a genuine buyer cannot be denied input tax credit merely because the seller failed to deposit tax or later had their registration cancelled. The Court emphasised that when a purchaser buys goods from a dealer who is validly registered at the time of the transaction and pays tax
Rushil Gupta
4 days ago


How to File Your Income Tax Return (ITR) in India – Complete Guide for Taxpayers
Filing your income tax return (ITR) is not just a compliance requirement—it’s also a way of keeping your financial records transparent...
Rushil Gupta
Sep 3






