Explore the ongoing challenges faced by Indian businesses and government contractors under the GST law, including frequent changes, compliance issues, and refund complexities. Discover proposed reforms for a more streamlined tax system.
Article provides a detailed understanding of Differential Voting Rights (DVR) shares, their legal framework, benefits, conditions and procedure for their issuance in India.
Gujarat High Court dismissed anticipatory bail application of the applicant involved in fraudulent availment of input tax credit and passing on inadmissible input tax credit on the strength of issuance of invoices without underlined supply of goods or service or both due to serious economic crime.
India imposes anti-dumping duty on Linear Alkyl Benzene (LAB) from Iran and Qatar for five years, following findings of dumping and material injury to domestic industry.
CBIC reviews Yoga Day, NTRS 2025 cargo clearance data, GST simplification, and launches ICETAB for export exams to boost efficiency and ease of doing business.
Orissa High Court allows Saumya Ranjan Moharana’s plea for GST registration revocation, contingent on tax compliance and citing a prior High Court precedent.
Accordingly, the Petitioner preferred an application u/s. 119(2)(b) of the Income Tax Act, 1961 on 23.03.2020, seeking condonation of delay in filing the return of income for Assessment Year 2017–18, with a view to claiming refund of the TDS amount.
Kerala High Court sets aside an order dismissing a rectification application, directing reconsideration of a GST payment linked to a financial year typo.
Bombay High Court directs GST department to allow a real estate developer to rectify a typographical error in DRC-03 forms, preventing double payment.
Delhi HC addresses Power2SME’s plea against GST order and contested notification, linking its decision to ongoing Supreme Court proceedings.