ICAI elects CA. Charanjot Singh Nanda as President and CA. Prasanna Kumar D as Vice-President for 2025-26. The oath was administered on February 12, 2025.
Learn about Reverse Charge Mechanism (RCM) under GST, its applicable goods/services, suppliers, recipients, and GST rates. Stay updated with CBIC notifications.
The Finance Act 2025 retroactively amends GST ITC provisions, limiting credits for construction of immovable properties, impacting leasing and renting activities.
Allahabad HC quashes two Section 154 tax orders, citing laconic reasoning and violation of natural justice. Fresh hearing ordered.
Learn about unexplained cash credits under Section 68, tax implications, key legal cases, and compliance requirements to avoid penalties and litigation risks.
The Supreme Court rules DRI officers as proper officers for customs under Section 28, overturning past judgments and reshaping tax law interpretation.
Supreme Court dismisses Bihar Police Building Construction Corporation’s tax appeal due to significant delay.
Patna High Court rules interest earned on government grants for construction is taxable income, not capital receipt.
This article explores the risks associated with over submission in GST litigation, its impact on legal outcomes, and the best practices to mitigate these risks.
Appellant and SKF India are both subsidiaries of AB SKF Sweden. Appellant & SKF India have agreed to pool & combine their respective manpower & other resources for the purpose of achieving maximum synergetic benefits.