Discover Saudi Arabia’s political, legal, and economic landscape, investment incentives, and the strategic partnership with Germany. A detailed guide for informed investment decisions.
Recent Apex Court decision safeguarding applicants/assessees from penalties for inadvertent mistakes in forms. Learn about the legal perspective on trivial errors.
Explore the impact of GST on the Indian automobile industry and learn how to claim Input Tax Credit (ITC) on cars. Detailed analysis, rates, and conditions provided.
Calcutta High Court’s stay on recovery proceedings without pre-deposit due to the non-constitution of GST Tribunal in Jaskaran Lunawat Vs State of West Bengal & Ors.
The Order No. 002/2024 Date: 05.01.2024, centered around CA Anil Chauhan, the Engagement Partner (EP) of Anil Chauhan & Associates, Mumbai, reveals serious lapses and professional misconduct, unraveling a critical chapter in the realm of corporate governance and auditing standards.
Since the coconut oil was sold by assessee in small packs; was displayed in the category of hair care; the manner in which it was to applied on hair; and the purpose for which it was purchased by the consumer leave no manner of doubt that the coconut oil sold by assessee was classifiable in a residual entry attracting tax at the rate of 12.5% .
Madras High Court held that reopening of assessment invoking provisions of section 148 of the Income Tax Act inspired from a review and a change of opinion is liable to be quashed and set aside.
Legal Entity Identifier (LEI) No. has become mandatory for non-individual entities when it comes to the credit of income tax refunds of Rs. 50 crore and above.
Important update from NIC: E-Way Bills for B2B and B2E transactions require mandatory e-Invoice link for e-invoice enabled taxpayers starting March 2024
Read the Karnataka High Court judgment on Hatsoff Helicopter Training’s tax dispute. Exemption granted for non-furnishing GSTIN. Get insights on the case.
