Blog
Tax and compliance, in plain language
Real rulings and official updates on income tax, GST, PF, ESI, payroll and compliance. Each post covers what happened, what was decided and what it means for a business owner, with sources.
15 November 2026
Income Tax
No section 143(2) notice, no valid reassessment: the Orissa Mining ruling
On 28 October 2026 the Supreme Court held that a reassessment is invalid if the officer never issued a section 143(2) notice, even when the taxpayer took part without objecting.
GST
Your input tax credit depends on your supplier paying the tax: Bhandari Scrap Traders
On 24 July 2026 the Supreme Court refused to strike down or soften section 16(2)(c) of the CGST Act, which makes a buyer's credit conditional on the supplier actually paying the tax.