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Krishna Gopal Varshney

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Krishna Gopal Varshney Krishna Gopal Varshney, Founder & CEO of Myitronline Global Services Private Limited at Delhi. A dedicated and tireless Expert Service Provider for the clients seeking tax filing assistance and all other essential requirements associated with Business/Professional establishment. Connect to us and let us give the Best Support to make you a Success. Visit our website for latest Business News and IT Updates.

The Latest from Krishna Gopal Varshney

CBIC Circular 254/11/2025-GST: GST Officer Jurisdiction Explained

CBIC has issued Circular No. 254/11/2025-GST to clarify which officers will handle GST cases related to tax, ITC, and penalties under the CGST Act. This blog explains the officer levels, monetary limits, and key sections covered, making it easier for taxpayers to understand who will manage their case.

Difference Between Original, Revised, and Updated ITR A Complete Guide

This blog explains the differences between Original, Revised, and Updated Income Tax Returns (ITR) in India. It covers filing timelines, applicable sections, fees, and practical examples to help taxpayers choose the right return type and avoid penalties.

Income Tax Return & Audit Report Deadlines Extended for AY 2025–26

The Central Board of Direct Taxes (CBDT) has extended the deadlines for filing Income Tax Returns and audit reports for the Assessment Year 2025–26. This move offers relief to taxpayers and professionals by giving them more time to complete their filings.

ITR E-Verification Made Easy: Your 2025 Guide Using Demat or Bank Account

A complete 2025 guide on how to e-verify your Income Tax Return (ITR) quickly and securely using your pre-validated Bank Account or Demat Account on the e-Filing portal. Learn the prerequisites and the step-by-step Electronic Verification Code (EVC) generation process.

Refund Adjusted Against Outstanding Demand: What You Need to Know

If your income tax refund is adjusted against an old tax demand, it’s likely due to Section 245 of the Income Tax Act. This blog explains what the notice means, how to respond within 30 days, and what options you have. Learn how to protect your refund and keep your tax records clean.

Big relief for taxpayers: Supreme Court protects buyers from seller’s default

The Supreme Court of India has held that a genuine buyer cannot be denied ITC merely because the seller failed to deposit tax. In M/s Shanti Kiran India Pvt Ltd vs Commissioner, Trade & Tax, Delhi (October 9, 2025), the Court emphasized fairness: action should target the defaulting seller, not the compliant purchaser. While the case arose under the Delhi VAT Act, its reasoning strongly influences GST disputes under Section 16(2)(c). Businesses gain a constitutional shield against automatic ITC denials but must continue robust documentation, vendor checks, and genuine transactions. Example: if you paid ₹100 in tax against a valid invoice and acted in good faith, your ITC right stands.

Administrative clarity wins: Same officer to handle Section 74 to Section 73 conversion

The CBIC has clarified that when a GST case originally issued under Section 74 is converted to Section 73 following an appellate or court order, the same original adjudicating officer remains the Proper Officer for re-determination under Section 75(2). This avoids jurisdictional transfers, maintains consistency, and supports timely compliance with the two-year limit under Section 75(3).