Bringing on U.S.-based employees or contractors shifts how the business is analyzed, regardless of where the founder lives. Having a U.S.-based employee or active partner generally creates effectively ...
Kenya Revenue Authority has launched a crackdown in Kisumu targeting over three million registered taxpayers in Western Kenya who file nil returns or fail to file at all.
The High Court held that once concessional late fee under Section 47 is paid for delayed GSTR-9 filing, a separate general penalty under Section 125 cannot be imposed. The additional penalty was ...
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Why does my IRS transcript say “No return filed”? What it really means
Don’t panic if your IRS transcript says “No Return Filed.” Timing issues, processing delays, or the specific transcript type you selected may be the real reason.
The Comptroller and Auditor General of India (CAG) has flagged serious irregularities in GST compliance and monitoring in Bihar, pointing to risky E-Way Bill transactions, excess Input Tax Credit (ITC ...
AIS analytics now detect non-filers where pension and interest income exist. Voluntary filing through ITR-U helps avoid notices under Sections 142(1) and 148, saving professional costs and compliance ...
GSTN has introduced auto-computation of interest and auto-population of liability breakup in GSTR-3B from January 2026. The update strengthens system-based compliance and limits manual discretion in ...
New income tax rules for 2026-27 propose redesigned ITR forms with more pre-filled details, aiming for simplification. Eligibility criteria for simplified forms like ITR-1 and ITR-4 have been adjusted ...
The Court refused to entertain a writ petition challenging rectification orders under Section 161, holding that the petitioner must pursue the statutory appellate remedy instead of invoking Article ...
The Court restored GST registration cancelled for six months non-filing of returns, accepting financial hardship as a genuine reason and imposing strict compliance ...
Courts have clarified that “reason to believe” under GST must rest on tangible material, not mere suspicion or template notices. Arbitrary cancellations, searches, and arrests without recorded reasons ...
India’s revised GDP series with base year 2022-23, which will be released on 26 Febraury 2026, introduces significant ...
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