HC set aside the order passed by GST authorities blocking the electronic credit ledger stating that the order passed is without any application of mind and “reasons to believe”. Captioned order has been analyzed in this update.
Discover the eligibility criteria for becoming a GeM seller. Find out how the Government e-Marketplace revolutionized the procurement process.
Interim Dividend means the Dividend declared by the Board of Directors & there is no need of Member’s approval. The declaration of an interim dividend need not be only once a year, it may be at any time the directors choose & they may be several declarations in the course of 1 year
Regulated Entities (REs) have been extensively leveraging Information Technology (IT) and IT-enabled services (ITeS) in their business, products and services with increasing dependence on third parties. Such reliance on IT/ITeS provided by third parties exposes the REs to various risks.
Learn about the recent amendment in the Indian Stamp Act, 1899 from July 1, 2020. Find out the key features and how it impacts businesses.
Discover how the MSME Act enables the recovery of bad debts/receivables, providing a solution for businesses affected by cash crunch.
ITAT Held that at the stage of granting registration u/s. 12AA of the Act, authority cannot examine whether the conditions for availing exemptions under Section 11 of the Act are fulfilled or not.
Understanding the rate of GST on works contract services under the CGST Act 2017. Learn about the changes in tax rates and its impact on works contractors.
CESTAT held that, service tax is not payable on reimbursement of expenses as the nature of service should make no difference to the taxability of reimbursement.
Understanding the legal obligations for expatriates and foreign citizens in India. Learn about the Indian Industrial Policy and foreign investments.
