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How to Revoke GST Cancellation for Non Filing of Returns | GST Revocation After 90 Days How to Revoke GST Cancellation Cancelled Due to Non Filing of Returns for Six Months GST Registration is commonly cancelled by the department when a taxpayer fails to file GST returns continuously for six months. However, the GST law provides an option to revoke GST cancellation by filing an application for revocation. This article explains the complete procedure for GST cancellation revocation and what to do if more than 90 days have passed from the cancellation order. Why GST Registration Gets Cancelled? The GST officer may cancel GST registration for the following reasons: Non filing of GST returns for 6 consecutive months Non filing of returns by composition dealer Business not conducted from declared place Issue of invoices without supply Violation of GST provisions The most common reason is non filing of monthly GST returns for six months . How to Revok...

New Income Tax Forms 2026 – Old vs New Income Tax Forms | Changes from April 2026 New Income Tax Forms – Old vs New Income Tax Forms (Changes from April 2026) From 1 April 2026 , the Indian Income Tax system will undergo a major transformation with the implementation of the Income Tax Act 2025 and Income Tax Rules 2026 . One of the biggest structural changes introduced under the new law is the renumbering and restructuring of Income Tax Forms . Many existing forms such as Form 16, Form 26AS, Form 15G/15H, Audit Forms, TDS Forms, PAN Forms and Appeal Forms have been replaced with new form numbers under the new Income Tax Rules. Why New Income Tax Forms Are Introduced? Income Tax Act 1961 replaced by Income Tax Act 2025 New Income Tax Rules 2026 introduced Forms renumbered based on new Act structure Simplified compliance system Improved digital tax administration Better reporting and disclosure system Alignment with new tax sections and schedules ...

TDS & TCS Section Code Changes from FY 2025-26 | AY 2026-27 Complete Guide TDS & TCS Section Code Changes from FY 2025-26 (AY 2026-27) – Complete Professional Guide The Income Tax Department has introduced new section code mapping for TDS and TCS under the revised Income Tax provisions. These changes are applicable from 1 April 2025 (FY 2025-26) and will be reflected in returns from AY 2026-27 . This is a very important compliance change for Chartered Accountants, Tax Consultants, Accountants, Businesses, Deductors and Collectors as incorrect section codes may result in return rejection, defaults and notices. Important Applicability Note New law applicable from: 1 April 2025 Applicable Financial Year: FY 2025-26 Applicable Assessment Year: AY 2026-27 New section codes must be used from 01-04-2025 Do NOT wait till AY 2026-27 to apply new codes TDS Section Code Mapping – Payments to Residents Salary Payments – Section 192 replaced unde...

Corporate Laws Modification Bill 2026 – What Professionals Must Not Ignore | Covai Accounting Services Corporate Laws Modification Bill 2026 – What Professionals Must Not Ignore The Government of India introduced the Corporate Laws (Amendment) Bill 2026 in Parliament to amend the Companies Act, 2013 and Limited Liability Partnership (LLP) Act, 2008. The objective of the bill is to simplify compliance, improve ease of doing business, decriminalize certain offences and modernize corporate regulations in India. This amendment is extremely important for Chartered Accountants, Company Secretaries, Cost Accountants, Tax Consultants, Corporate Lawyers and Business Owners as it significantly changes compliance requirements, penalties, mergers, buybacks and governance provisions. Background of Corporate Laws Amendment Bill 2026 The Ministry of Corporate Affairs introduced this bill to improve the regulatory framework and align Indian corporate laws with global p...

GST Notices – Types, Reply Procedure, Assessment, Audit, Appeal and Penalties | GST Consultant Coimbatore Breadcrumb: Home > GST Services > GST Notices & Litigation Guide GST Notices – Types, Reply Procedure, Assessment, Audit, Appeal and Penalties GST notices are one of the most critical compliance issues faced by businesses. Many taxpayers receive GST notices due to mismatch in returns, ITC mismatch, non filing of returns, audit by department or tax demand proceedings. Proper handling of GST notices is very important to avoid penalties, interest and legal proceedings. This article is a complete professional guide covering GST notices, scrutiny notices, assessment notices, GST audit, GST appeals, penalties and reply procedures. Why GST Notices Are Issued GSTR-1 and GSTR-3B mismatch ITC mismatch with GSTR-2B Non filing of GST returns Short payment of GST Excess ITC claimed E-way bill mismatch E-invoice mismatch Difference between GST and I...

Automated Payroll System and PF ESI Compliance Services in Coimbatore Automated Payroll System and PF ESI Compliance Services in Coimbatore Breadcrumb: Home > Payroll Services > Automated Payroll System & PF ESI Compliance Coimbatore Introduction Managing payroll, PF, ESI and statutory compliance is one of the most critical responsibilities for any business. Companies in Coimbatore including IT companies, manufacturing units, contractors, startups and small businesses must ensure proper salary processing, PF contribution, ESI contribution, return filing and compliance with labour laws. An Automated Payroll System helps businesses manage employee salaries, deductions, PF, ESI, TDS, leave, attendance and compliance efficiently. Payroll automation reduces errors, saves time, ensures statutory compliance and improves HR efficiency. What is Payroll Processing? Payroll processing is the process of calculating employee salaries, deductions, allowances...

GST FY 2026–27 Beginning of Year Compliance Checklist | LUT, QRMP, ITC Reversal GST FY 2026–27: Beginning-of-Year Compliance Checklist As the new financial year begins on 1st April 2026 , GST registered taxpayers must complete important beginning-of-year compliances to avoid penalties, ITC blockage, notices, and compliance issues. This GST compliance checklist will help businesses stay compliant for FY 2026–27. GST FY 2026–27 Compliance Checklist – Overview Compliance Due Date LUT Filing (RFD-11) 31 March 2026 Composition Scheme (CMP-02) 31 March 2026 QRMP Scheme Option 30 April 2026 ITC Reversal (Switch Cases) 30 May 2026 GTA Declaration Before 1 April 2026 New Invoice Series 1 April 2026 E-Invoicing Ongoing Rule 86B Monthly 1. LUT Filing for Exporters – Form RFD-11 Businesses involved in exports or supplies to SEZ without payment of GST must file Letter of Undertaking (LUT) every year. If LUT is not filed, exporters ...

GST Appeal to GSTAT – Complete Legal Procedure, Strategy & Rules | Coimbatore Experts Home > GST Litigation > GSTAT Appeal Procedure GST Appeal to GSTAT – Complete Legal Procedure, Rules, Requirements & Strategic Analysis The GST Appellate Tribunal (GSTAT) is the second appellate authority under GST law, playing a decisive role in resolving tax disputes. Filing an appeal before GSTAT is not merely procedural—it is a legal strategy exercise that requires precise documentation, statutory compliance, and strong legal grounds. Professional Insight: More than 60% of GST appeals fail not due to merits, but due to procedural lapses, weak drafting, or improper documentation. --- 📜 Legal Framework – Section-wise Analysis Section 112 – Appeal to Appellate Tribunal Section 112 of the CGST Act governs appeals to GSTAT. It provides: Right to appeal against orders passed under Section 107 Time limit for filing appeal Pre-deposit requirement...

GSTR-3B Mandatory Tax Liability Breakup Explained | Coimbatore GST Experts Home > GST Updates > GSTR-3B Tax Liability Breakup GSTR-3B Advisory: Mandatory Tax Liability Breakup (Current vs Prior Period) The GST portal has introduced a mandatory requirement to disclose the “Tax Liability Breakup, As Applicable” while filing GSTR-3B. This change requires taxpayers to clearly bifurcate: Current month tax liability Prior period tax liability (adjustments / missed reporting) Critical Update: GSTR-3B cannot be filed unless this breakup is properly confirmed. Incorrect reporting may trigger automated GST scrutiny. --- 🔍 What Exactly is Tax Liability Breakup in GSTR-3B? This field ensures that the total GST liability reported in GSTR-3B is clearly divided into: Component Description Current Period Liability Tax arising from transactions of the current tax period Prior Period Liability Tax related to earlier months (missed invoices, amendme...

Income Tax Act 2025 – TDS Sections 392 to 402 Detailed Guide | Covai Accounting Services Home > Blog > Income Tax Act 2025 > TDS Sections 392–402 Income Tax Act 2025 – New TDS Sections 392 to 402 (Complete Professional Guide) The Income Tax Act, 2025 introduces a structural transformation in India's tax system by consolidating all major Tax Deducted at Source (TDS) provisions under Sections 392 to 402 . This reform eliminates fragmented sections and replaces them with a simplified, table-driven, and automation-friendly compliance model. Professional Insight: This shift is not just a legal amendment — it is a transition towards a system-driven compliance ecosystem , where accounting software and ERP systems will play a central role. --- 🔍 Why This Reform Was Introduced Under the earlier Income Tax Act, 1961, TDS provisions were scattered across numerous sections such as 192, 194C, 194J, 194H, etc. This created: Interpretational con...