Delhi High Court invalidates GST circular by ruling TRU lacks authority under CGST Act for goods classification. Learn about the case challenging Circular No. 80/54/2018-GST.
Explore the comprehensive guide on altering authorized share capital under Section 61 of the Companies Act, 2013. Understand the legal procedure, resolution format, and filing obligations for a precise and compliant execution. Consult legal professionals for accurate advice
Explore intricacies of closing stock valuation, including AS-2 standards, matching principle and tax considerations. Understand nuances of cost, net realizable value and impact on financial statements.
Delhi High Court held that tribunal rightly deleted disallowance made by AO u/s. 14A of the Income Tax Act read with rule 8D of the Income Tax Rules as assessee had sufficient interest-free funds available with it to make investment.
Kerala High Court held that section 119(2)(b) of the Income Tax Act does not empower Principal Chief Commissioner/ Principal Commissioner of Income Tax to consider the merits of the claim of income, loss, etc.
Explore world of Real Estate Investment Trusts (REITs) – types, benefits, risks, and tax considerations. Learn about best-performing REITs in India and essential factors for investors.
Explore the nuances of Fund-Based and Non-Fund-Based Letters of Credit, along with Bank Guarantees in international trade. Learn when to use each for secure transactions.
Explore Vienna Convention’s role in international taxation, focusing on principles like good faith, territorial scope, and treaty interpretation. Learn key insights for navigating Double Taxation Avoidance Agreements (DTAAs).
Explore the best tax-saving mutual funds (ELSS) for 2023 with top-performing funds like Quant Tax Plan, SBI Long Term Equity, and more. Maximize returns while enjoying tax benefits under Section 80C
Explore the GST impact on transactions under Income Tax Section 194R. Analyzing benefits, taxation, and considerations for businesses. Learn more.
