Blogs
ONLINE GAMING IN INDIA AND THE TAX CONUNDRUM
Sports and gaming have long been popular for enjoyment, leisure, and social interaction, both for those participating and those watching. Online gaming expands these possibilities by offering on-demand, real-time play…
ESTATE PLANNING
People are often so taken up in acquiring wealth and assets, that they forget the very fact that these assets need management and planning to ensure that maximum benefit to…
EVALUATING SEC. 194T OF THE INCOME TAX ACT, 1961
INTRODUCTION A number of significant changes have been observed with the introduction of Finance Act, 2024. One such change has been made in the governance of payment made by the…
Understanding Unexplained Investment under Income Tax Law: A Complete Guide
When it comes to income tax assessments, one of the most contentious issues taxpayers may face is the allegation of “unexplained investment”. The Income Tax Department, through various assessments and…
Understanding Fake Invoicing under GST: Legal Implications, Case Laws & Compliance Risks
Introduction With the introduction of the Goods and Services Tax (GST) regime in 2017, India witnessed one of the most significant tax reforms in its history. GST aimed to unify…
Foreign Tax Credit and TDS Disallowance Due to Delay in Filing Form 67: Legal Perspectives and a Real-Life Victory
Introduction In today’s global economy, it’s not uncommon for Indian taxpayers especially professionals, consultants, NRIs, and multinational employees to earn income from foreign sources. While this brings the benefit of…
Reassessment Proceedings under Section 148 of the Income Tax Act: Legal Framework, Challenges, and a Landmark Victory
Introduction Reassessment proceedings under Section 148 of the Income Tax Act, 1961 have always been a powerful tool in the hands of the Income Tax Department to reopen past assessments…
Cancellation of Registration under Section 12AA & Denial of Exemption under Section 80G: Legal Framework, Challenges & a Landmark Victory
Introduction Charitable trusts and non-profit institutions play a crucial role in the socio-economic development of India. To encourage and support their activities, the Income Tax Act, 1961, provides significant tax…
Arrest Provisions Under Section 69 Of GST Act
Securing Bail for Alleged Fake Invoicing and arrest made under Section 69 of the GST Act: A Success Story by Sachin P. Kumar and Associates In an important recent case,…
How Sachin P Kumar and Associates Helped a Leading IT Multinational Unlock Capital by Reducing TDS from 10% to 1.10%
At Sachin P Kumar and Associates, we understand the challenges faced by multinational corporations in managing complex tax compliance requirements while maintaining healthy cash flows. Recently, we had the privilege…
Understanding GST Refunds Under Inverted Duty Structure: A Case Study
One of the persistent challenges faced by businesses under the GST regime is the issue of inverted duty structure (IDS). This occurs when the tax rate on inputs (raw materials)…
How to Avoid 200% Penalty on Political Donations: Verify Tax Deductions Now!
The Income Tax Department has intensified its scrutiny of taxpayers claiming deductions on political donations under Section 80GGC of the Income Tax Act over the last two to three assessment…
Direct Tax Code 2025: What It Means for Indian Taxpayers
India’s tax system is on the verge of a historic transformation. The Direct Tax Code (DTC) 2025 is a proposed reform aimed at replacing the Income Tax Act of 1961…
Success Story: Bail Granted in ₹9.19 Crore ITC Case – A Legal Victory for Justice
Background of the Case In July 2025, two Mumbai-based businessmen, Akhtar Yunus Khan and Tribhuwan Chittranjan Sinha, partners of M/s Accurate Enterprise, were arrested under allegations of availing fraudulent Input…