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GST Registration Challenges for MSMEs Flagged by Tamil Nadu Chamber of Commerce & FISME

17 May 2024 by Adv Aditya Narayan
gst registration

These industry leaders call for simplified procedures and improved communication between MSMEs and GST authorities to ensure smoother GST registration. Challenges in GST Registration for MSMEs in TN: The Federation of Indian Micro and Small & Medium Enterprises (FISME) and …

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Supreme Court Declines Vyapar Mandal’s Plea Against 45-Day Pay Rule in Income Tax Act

7 May 2024 by Adv Aditya Narayan
supreme court

The supreme court advised MSMEs associated with Vyapar Mandal to seek relief through the respective high courts if needed. In a recent development, the Supreme Court dismissed a petition by the Federation of All India Vyapar Mandal contesting the constitutionality …

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45-Day Payment Rule for MSMEs May be Revised by the Finance Ministry due to Multiple Concerns

1 March 2024 by Adv Aditya Narayan
msme

The government is actively reviewing the concerns of stakeholders and assessing whether there are valid grounds for amendments to this 45-days payment rule for MSMEs. 45-days Payment Rule for MSMEs: The Finance Ministry is contemplating a revision to a recent …

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Categories Blog, Income Tax, News & Updates 16 Comments

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  • Significant Tax Decisions and Legal Precedents – November 2025
  • Disallowance of director’s remuneration based on retracted uncorroborated statement and revenue neutrality was unsustainable: ITAT Delhi
  • Reassessment Quashed for Borrowed Satisfaction in Absence of Live Link with Assessee’s Transactions
  • Addition on Purchaser Under Section 50C Held Invalid; Provision Applicable Only to Seller: ITAT Delhi
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