Join our webinar on July 24-25 for an in-depth analysis of Union Budget 2024. Learn about tax proposals, sector impacts, and investment insights. Register now!
Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC complexities. Register now!
Trusts serve several functions and are a vital component of the Indian legal system. A legal arrangement known as a trust designates a trustee to hold assets on behalf of beneficiaries. There are various types of trusts with distinct functions in India. The six distinct categories of trusts in India will be covered in this article.
For sweets and snacks manufacturers in India, understanding the correct Harmonized System of Nomenclature (HSN) codes is crucial for proper classification and taxation. This article provides insights into the HSN codes specified by the Kerala Authority for Advance Ruling (AAR) and their corresponding tax rates.
Introduction: The recent judgment by the Madras High Court in the case of Tvl. Vardhan Infrastructure and others vs The Special Secretary, Head of the GST Council Secretariat has significant ramifications for cross-department investigations under GST laws in India. In case of Tvl.Vardhan Infraastructre and others vs The Special Secretary, Head of the GST Council […]
Evergreen Construction appeals an interim order directing a 20% pre-deposit of disputed unpaid interest, citing GST Act provisions. Calcutta High Court clarifies the statute’s intent.
The judgment by the Delhi High Court in the case of Ireo Fiveriver Pvt. Ltd. vs Income Tax Department & Anr. underscores the importance of upholding the sanctity of approved Resolution Plans under the Insolvency and Bankruptcy Code. It reaffirms that once a resolution plan is approved, the successful resolution applicant cannot be subjected to additional liabilities arising from periods preceding the approval.
Explore the Rajasthan High Court’s ruling on Sarrs Construction’s refund of Input Tax Credit (ITC). Can the department recall granted refunds? Delve into the detailed analysis here.
Gujarat High Court held that demand notice issued after date of order of NCLT approving the resolution plan is liable to be quashed as claims which are not part of the resolution plan shall stand extinguished.
Learn about SEBIs consultation paper proposing a framework for fair price discovery of shares of listed Investment Companies & Investment Holding Companies.
Learn about GST exemption on canteen facility recovery from permanent employees as ruled by AAR Gujarat. Detailed analysis and implications included.
Learn how the Madras High Court disposed of a case where erroneous reporting of Credit Notes led to negative taxable value, highlighting no loss to the government.
