ITAT Chennai rules CSR donations to PM Relief Fund qualify for 80G deduction, overturning AO’s decision. Read key judicial precedents and tax law insights.
Madras High Court sets aside GST order against Kayram Builders citing principles of natural justice, directs reassessment with personal hearing opportunity.
Orissa High Court directs GST registration revocation if dues are cleared, following Mohanty Enterprises ruling. Read key insights from the case of Saroja Kumar Pani.
Andhra Pradesh High Court invalidates a GST assessment order due to the absence of the assessing officer’s signature, reinforcing procedural compliance in tax assessments.
Delhi High Court permits AAA Impex to seek rectification of GST returns after assessment discrepancies, reinforcing taxpayers’ rights in reconciliation cases.
Delhi High Court overturns retrospective GST registration cancellation, citing lack of notice and reasoned justification, referencing key judicial precedents.
Andhra Pradesh High Court quashes works contract assessment, citing lack of proper notice and personal hearing, mandating fresh proceedings.
Through tax laws on Virtual Digital Assets (VDAs) like cryptocurrencies and Non-Fungible Tokens (NFTs), India has initiated the process of regulating digital assets. Nevertheless, it is not yet evident how digital commodities, virtual properties, and incomes from economic activities based in the metaverse would be taxed.
Explore simplified Input Service Distributor (ISD) provisions under GST, mandatory from April 2025, detailing credit distribution, invoicing, and compliance rules.
Review 9 essential GST compliances before 31st March 2025, including LUT submission, composition scheme opting, e-invoicing, credit notes issuance, and reconciliation.