This analysis examines how political expediency and alleged deceit influence US foreign policy under the Trump administration, particularly concerning India-Pakistan relations and trade dealings.
Punjab & Haryana High Court rejects anticipatory bail for a police inspector accused of brutally assaulting an Army Colonel and his son in Patiala, condemning the misuse of power.
Telangana AAAR ruled ITC on inputs used in finished goods destroyed by fire must be reversed, citing Section 17(5)(h) of the CGST Act.
Gauhati High Court sets aside summary SCN and assessment order, ruling proper notices and detailed orders are mandatory under Section 73 of the CGST Act.
Learn to identify and overcome internal threats like fear, impatience, and lack of knowledge that hinder financial market success. Build a strong foundation and disciplined approach.
The GST framework for hotel accommodation and restaurant services has been revised, effective April 1, 2025, as per Notification No. 05/2025 – Central Tax (Rate). The concept of “declared tariff” is replaced with actual transaction value for determining GST rates. Hotels offering accommodation above ₹7,500 per day are automatically classified as “specified premises,” enabling them […]
Understand AIS and TIS on the Income Tax portal. Learn why these detailed financial statements are crucial for accurate ITR filing and avoiding discrepancies.
Supreme Court examines Bombay High Court’s decision on deemed conveyance under MOFA. Case involves property partition, developer obligations, and competent authority’s jurisdiction.
IFSCA grants 6-month extension for Fund Management Entities to appoint IFSC-based custodians under new regulations, addressing compliance challenges.
SEO Meta Description: This analysis examines whether adjudication authorities can verify Section 16(2) ITC eligibility when processing rectification applications under Section 16(5) of the CGST Act, even if the original notice only cited Section 16(4).
