Section 129 of the CGST Act, 2017: Detention, Seizure, and Release of Goods in Transit

Section 129 of the CGST Act, 2017: Detention, Seizure, and Release of Goods in Transit

The Goods and Services Tax (GST) system was designed to simplify indirect taxation by merging multiple levies into a single...

by TaxAcumen TeamJune 3, 2026
Partition and Taxation of a Hindu Undivided Family

Partition and Taxation of a Hindu Undivided Family

In terms of Indian law and taxation, a Hindu Undivided Family (HUF) is a distinct entity. An HUF is regarded...

by TaxAcumen TeamMay 8, 2026
What is Section 422 of the Income Tax Act, 2025?

What is Section 422 of the Income Tax Act, 2025?

The Indian tax system can be complex because of the strict rules that taxpayers must follow. Genuine difficulties, however, may...

by TaxAcumen TeamMay 8, 2026
The Track and Trace Mechanism under GST

The Track and Trace Mechanism under GST

India are developing their GST system into more of a technology-based framework within compliance. The government has implemented numerous ways...

by TaxAcumen TeamMay 5, 2026
Virtual Digital Assets under the Income Tax Act, 2025

Virtual Digital Assets under the Income Tax Act, 2025

The Income Tax Act 2025 has set a clear framework for taxing virtual digital assets in India. This took effect...

by TaxAcumen TeamApril 18, 2026
Understanding 1% TDS on Virtual Digital Asset Transactions

Understanding 1% TDS on Virtual Digital Asset Transactions

The growth of cryptocurrencies, NFTs, and other virtual digital assets (VDAs) has altered India's financial and investment sector. The government...

by TaxAcumen TeamApril 18, 2026