Delhi High Court held that denial of input tax credit in respect of services where GST is payable on reverse charge basis, cannot by any stretch be held to be irrational and arbitrary. Thus, deny of input tax credit to service provider who is not liable to pay tax on output services is justified.
Stay updated on GST portal advisories! Learn about e-invoicing requirements, HSN auto-population, and GSTR-3B refiling.
Dive into the nexus between Electoral Bonds and money laundering in India, exploring legislative challenges, compliance requirements, and recent developments.
Learn how to set up a Nidhi company, from name selection to obtaining a Certificate of Incorporation, along with essential compliance steps and required documents.
Understand Form 10AB under the Income-tax Act, 1961 for renewing or obtaining tax exemption benefits for trusts/NGOs. Learn about timelines, required documents, and the filing process.
Explore the intricate details of different heads of income, including salaries, and their tax implications. Gain insights into tax treatment, exemptions, and key considerations for various forms of salary income.
Discover private companies’ legal obligation and shareholders’ guidelines for dematerializing shares. Learn about compliance, implications, and the transition process.
Explore the comprehensive process and recent amendments to voluntary liquidation in India. Understand the conditions, timeline, and implications for stakeholders.
Learn about filing of Declaration of Commencement of Business (INC-20A) with Board Resolution – Format Given. Understand process, requirements, and legal obligations for newly incorporated companies.
Discover why NGOs should register under Section 80G of the Income Tax Act for tax benefits. Learn about eligibility, process, documents required, and consequences of non-compliance.
