The Supreme Court of India has ruled that once a taxpayer pays the 10% pre-deposit required to file a GST appeal, the government cannot freeze bank accounts or recover additional funds. This landmark decision protects honest taxpayers and ensures fair enforcement under GST law.

The Finance Act 2025 brings relief to businesses by reducing the pre-deposit requirement for penalty only GST appeals from 25% to 10%. Tax appeals remain unchanged at 10%. Businesses can now use Input Tax Credit (ITC) for deposits, improving cash flow and easing compliance. These changes will be effective after CBIC notification.

The Gujarat High Court has directed the CBDT to extend the Income Tax Return (ITR) filing deadline for tax audit cases from October 31 to November 30, 2025. This move provides much-needed relief to taxpayers and professionals, allowing more time for accurate filing and reducing stress.