Understanding Income Tax implications in unregistered Joint Development Agreements (JDA). Explore the tax challenges pre-Finance Act 2017 and the impact of Section 45(5A) introduced to ease hardships for landowners. Stay informed on taxation aspects in property development.
In the past 2 years there has been a spike in the number of GST notices. This is on account of completion of audit within time lines, data analytics being performed by the department, the recent slew of fake invoicing/fake ITC claim cases, and many more.
No interest and penalty to be imposed if credit is merely availed but not utilised | Section 73 & 74 Interest will be attracted only if wrong/excess ITC availed & utilized
CBIC puts brakes on arbitrary tax collections through coercive measures in GST enforcement. Recent instructions curb undue force, ensuring fair procedures. Learn about the impact on taxpayers and disciplinary actions.
It is the specific case of the petitioner that though the petitioner had correctly declared the details in the monthly returns in Form GSTR-1 regarding the exports made by the petitioner on payment of tax by debiting the input tax credit, a mistake was committed by the petitioner in GSTR-3B.
Road projects in India are classified as Build-Operate-Transfer (‘BOT’) toll, BOT-Annuity, Engineering, Procurement and Construction and Hybrid Annuity Model
Unlock the world of Term Insurance Plans! Understand the nuances of Level Term, TROP, Increasing Term, Convertible Plans, Riders, Decreasing Term, and Group Term options. Dive into the diverse offerings, ensuring your life insurance aligns with your changing needs.
We hold that in absence of any incriminating material found during the course of search with respect to the impugned transaction, the AO did not have any power to make the impugned addition.
(1) These regulations may be called the Food Safety and Standards (Vegan Foods) Regulations, 2022. (2) They shall come into force on the date of their publication in the Official Gazette.
These regulations may be called the Food Safety and Standards (Alcoholic Beverages) First Amendment Regulations, 2022.
