Can we litigate the issues even gst paid during gst audit under section 65 of CGST ACt 2027

 

A mid-sized company receives an audit notice under Section 65 of the CGST Act. The officers arrive, go through purchase records, ITC claims, and sales invoices. After a few weeks, they point out a potential short-payment of GST worth ₹150 lakhs, citing “ineligible ITC”.The CFO of the compant, worried about escalating matters, makes a payment through Form DRC-03 during the audit itself. The idea is simple – pay now, avoid penalties and extended proceedings.

But here’s where the doubt creeps in:

Does this payment mean the company has accepted the liability forever? Or can it still challenge the issue in future?

Whether the amount of Creditors balance unclaimed/untraceable and written-off/Back by way of crediting P&L Account is taxable under GST

1. Background

In the course of business, it is not uncommon to find outstanding balances in the names of trade creditors that remain unclaimed or where the supplier becomes untraceable. Many entities, after a reasonable period, choose to write off such balances by transferring them to the Profit & Loss Account. While the income-tax implications of such write-offs are well-settled under Section 41(1) of the Income-tax Act, 1961, the question arises—does such a write-off attract GST?

Should you file the income tax return of a deceased person? if yes who should do and how?

 Yes, the Income Tax Return (ITR) of a deceased person must be filed, if that person had taxable income up to the date of death. 

The Income-tax Act, 1961 clearly requires that legal heirs or representatives take responsibility for filing it. Here’s a structured explanation:

Top 5 Mistakes to Avoid While Filing Your Income Tax Return in AY 2025–26

 As the due dates for filing Income Tax Returns (#ITRs) for Assessment Year (AY) 2025–26 approach, taxpayers and professionals alike must ensure that returns are filed accurately, timely, and in compliance with the latest regulatory changes. Despite increased awareness and digitization, several common errors continue to recur each year—some of which may lead to notices, penalties, or delayed refunds.

Here are the top five mistakes to avoid while filing your ITR this year:

What are non-compete fees | is GST applicable to professional fees on Non-Compete agreement

Is there GST on non-compete fees?

Is GST applicable on participation fees?

What are non-compete fees?

Is GST applicable to professional fees on Non-Compete agreement 

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