Supreme Court & High Court Judgments on GST Refund Matters
In this blog, we’ll break down some of the most impactful judicial pronouncements on GST refund matters, their implications, and what they mean for taxpayers. In the world of GST Refund are often a lifeline for businesses—especially those involved in exports, inverted duty structures, and other refund-eligible categories. However, the refund mechanism has also been […]
Advisory on Reporting Values in Table 3.2 of GSTR-3B – Effective July 2025
The GSTN has recently reissued an important update regarding Table 3.2 of GSTR-3B, which will impact all registered taxpayers reporting inter-State supplies. Here’s everything you need to know to stay compliant and avoid unnecessary errors or notices. Background – What Was Announced Earlier? As per the advisory dated April 11, 2025, the government had informed […]
How Tax Payments Impact Business Cash Flow
Running a business often feels like juggling a dozen things at once sales, expenses, salaries, vendor payments, and more. But there’s one area many business owners don’t think about until it bites: tax payments. Taxes aren’t just paperwork. They’re actual cash outflows and they can put a real strain on your working capital if you […]
EBITDA vs Operating Cash Profit: 7 Key Differences
EBITDA vs Cash Profit is a comparison every business owner should understand. Just because EBITDA shows a profit doesn’t mean cash is actually available. We’ve seen it too often strong EBITDA, yet the business struggles with cash crunches. Why? Because EBITDA and Operating Cash Profit are not the same. Here are 7 key differences you […]
GST Refund for IT/ITES Sector – Service Exporters Without Tax Payment
India’s IT and ITES companies play a big role in the country’s economy. Many of these businesses provide services to clients outside India. These are called export of service, and under GST, they can get GST refund on input tax credit (ITC) even if they don’t pay any tax on the export. This blog explains […]
Why it is important to be sustainable in Business?
When businesses talk about sustainable, the conversation often includes big ideas—carbon neutrality, circular economy, ESG reporting. But beneath all these concepts lies one powerful, universal principle that applies to every business, regardless of size or industry: Resource Efficiency. Whether you run a manufacturing unit, retail store, tech startup, or a consulting firm—how efficiently you use […]
Due Diligence from Seller’s Perspective
Due Diligence from Seller’s Perspective is not just about sharing documents it’s an emotional phase of every deal. Even when the books are clean and the business is genuine, it can feel like being under a microscope. Every question seems like a test. Every delay might look like a red flag. But often, sellers aren’t […]
What Makes Investors Say Yes: 7 Things They Look For in Startups
When raising capital, understanding what investors look for in startups can give founders a major advantage. It’s not just about a great pitch or product it’s about showing the right signals that make investors say “yes.” From your traction to your team, every part of your business matters. If you’re preparing to raise funds, take […]
Missed GST Notice? Court Says It’s Not Always Your Fault
Overview In a significant ruling that reinforces the principles of natural justice in tax proceedings, the Madras High Court has set aside a GST assessment order passed against Sri Murugan Agro Service, a proprietary firm based in Villupuram District, Tamil Nadu. The verdict emphasizes the need for proper communication and fair hearing before tax demands […]
Trusts & NGOs: Must-Follow FCRA Rules to Stay Compliant in 2025
Running a trust or NGO FCRA isn’t just about doing good work – you already know that. It’s about managing everything from people, projects, and planning… to paperwork. And one of the biggest things that often gets ignored or delayed is legal compliance – especially when it comes to receiving funds from outside India. Let’s […]