- GST (21)
- Income Tax (22)
- Miscellaneous (21)
- Tenali Explains (21)
- Tenali Investigates (22)
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Income Tax Notice in India – Complete Guide to Handling Notices Safely
Receiving an income tax notice can be unsettling, especially for salaried individuals, business owners, and professionals in Pune. However, not all notices indicate a problem—they are often issued for verification, correction, or additional information. With increasing use of AIS (Annual Information Statement) and data analytics by the Income Tax Department, notices have become more frequent “Read More…”
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CAFE-III Norms Pressure : Strategic Roles in the Automobile Industry
Auto industry is moving towards stricter fuel efficiency norms, with broad agreement emerging on CAFE-III standards, pushing manufacturers to redesign cost structures and technology investments. Tenali Explains, “Maharaj, when rules become stricter, costs don’t rise suddenly… they were always hidden. Automobile makers now face a silent pressure : invest in fuel-efficient technology, redesign engines, or “Read More…”
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₹1.60 Crore Trading Scam in Lucknow
A recent cyber fraud case reported by The Times of India (April 2026) highlights a serious concern for businesses and individuals alike—online trading scams. A man in Lucknow was duped of over ₹1.60 crore after being lured with promises of high returns through a fake trading platform. For MSMEs and business owners in industrial hubs “Read More…”
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GST on Liquidated Damages & Penalties: Taxability, Latest Position & Practical Treatment
In industrial hubs like Pune, PCMC, and across Maharashtra, contracts often include clauses for liquidated damages, penalties, or compensation for breach or delay. A critical GST question arises—whether such recoveries attract GST or not. Misinterpretation can lead to unnecessary tax payments or litigation. This blog explains the GST treatment of liquidated damages and penalties, recent “Read More…”
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Busy Factory… Idle Profits?
“Maharaj, your plant runs 12 hours daily. Still profits are flat?” Maharaj replied, “Yes! Machines are fully occupied.” Tenali asked for data. “Here’s what I see: • Machine A utilisation: 95% • Machine B utilisation: 52% • Average order delay: 18 days • Overtime cost: INR 22,000/month • Pending orders: INR 3.6 lakh” Maharaj said, “Read More…”
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GST on Reimbursement of Expenses: Taxability, Valuation Rules & ITC Implications
In cities like Pune, PCMC, and across Maharashtra, businesses frequently incur expenses on behalf of clients—such as travel, legal fees, or statutory payments—and later recover them. A common question arises: Is GST applicable on reimbursement of expenses? Misunderstanding this can lead to excess tax payment or non-compliance. This blog explains the taxability, valuation rules, and “Read More…”