Swapna & Associates

Can GST recovery continue after filing an Appeal and paying the mandatory pre-deposit?

The Calcutta High Court examined this issue in Spandan Electrical v. State of West Bengal and granted relief to the Taxpayer.

Learn the facts, Department's argument, Taxpayer's stand, Court's ruling and practical impact for GST litigation.

ITAT condones delay in filing of appeal of 3 years

⚖️ Can a taxpayer get relief after filing an appeal nearly 3 years late?

In this interesting ITAT case, the taxpayer relied on professional advice and failed to file the appeal within the prescribed time limit.

The Department opposed the condonation request, but the taxpayer argued that the delay was genuine and unintentional.
What did the ITAT decide?

In this reel, learn:
✅ Facts of the case
✅ Department's argument
✅ Taxpayer's defence
✅ Question before the ITAT
✅ Final verdict
✅ Practical implications for taxpayers

If you've missed an appeal deadline, this case law may be worth understanding.
TaxpayerRights TaxUpdates CASwapna IncomeTaxAct LegalUpdate

🚨 Major IBC Amendment Act provisions are now effective from 26 May 2026.

In this reel, CA Swapna explains:
✔ What changed under IBC
✔ Impact on businesses
✔ Effect on creditors and lenders
✔ Why financially stressed companies should pay attention

🚨 GSTN withdrew the IGST set-off advisory. Does it affect your ITC?
In this reel, CA Swapna explains:
✔ IGST set-off confusion
✔ ITC utilisation risks
✔ GSTN advisory withdrawal
✔ common taxpayer mistakes
✔ practical compliance guidance

How may Direct Tax Code 2025 change taxation for trusts and charitable hospitals?

In this reel, CA Swapna explains:
✔ old 12AB & 80G structure
✔ charitable hospital taxation
✔ new RNPO framework
✔ donor reporting impact
✔ compliance and renewal risks

Very important for NGOs, hospitals, trusts, Section 8 companies and finance professionals.

Will AI replace accountants and finance professionals?
In this reel, CA Swapna explains:
✔ impact of AI on accounting
✔ future of finance jobs
✔ AI vs accountants reality
✔ taxation & GST profession changes
✔ why advisory skills matter more now
Very important for students, accountants, finance professionals and business owners.

Did you know the Income Tax Department may receive reports of certain high-value financial transactions?

In this reel, CA Swapna explains SFT (Statement of Financial Transactions) and how transactions like:
✔ property purchases
✔ cash deposits
✔ investments
✔ credit card spending
may get reported under the tax reporting system.

Very important for taxpayers, investors and business owners.

Paying GST but still facing blocked working capital?
You may be dealing with Inverted Duty Structure under GST.
In this reel, CA Swapna explains:
✔ What is Inverted Duty Structure
✔ Why ITC gets accumulated
✔ When GST refund may become relevant
✔ Compliance points businesses should monitor
Useful for manufacturers, traders and businesses facing GST credit accumulation.

What happens if your accounting data gets lost before an Income Tax scrutiny?

With increasing focus on digital compliance and Rule 46(8), businesses must now maintain:
✔ digital backup of books
✔ invoice records
✔ cloud storage
✔ organized accounting documentation

In this reel, CA Swapna explains how poor record management can create compliance risks during Income Tax assessments and what businesses should do to stay safe.