Tax Guru

Burden of Proof on Recipient under GST: How Far Must a Bona Fide Buyer Go?

Under GST, the burden of proof falls on the recipient mainly when they claim input tax credit (ITC); this is codified in section 155 and refined by recent ...
Tax Guru

Allahabad HC Condoned GST Appeal Delay as Time Spent in Rectification Proceedings Excluded Under Limitation Law

The Court held that time consumed in pursuing a rectification application under Section 161 must be excluded while computing limitation for filing a statutory appeal. Appeals dismissed as time-barred ...
NerdWallet

Best Tax Software of 2026

TurboTax, H&R Block, TaxSlayer, and TaxAct — comparing features, pricing and ease of use to help you find the best filing program for your needs.

Now request for nil or lower TDS deduction for property and other transactions via this new form as per Income Tax Act, 2025; see what’s changed

The Income Tax Act, 2025, introduces new Form 128 for applications requesting nil or lower Tax Deducted at Source (TDS) on property and other transactions. This form replaces the older Form 13, with ...