Madras High Court held that Madurai Corporation has not right to demand property tax from Railway Land Development Authority since such levy of property tax would fall foul of Article 285(1) of the Constitution of India.
CESTAT Hyderabad held that bookings made after receipt of completion certificate is not liable for service tax as the transaction is mere sale of the immovable property. Accordingly, service tax demand to that extent is liable to be set aside.
The IFSCA has issued new regulations for TechFin and Ancillary Service Providers in International Financial Services Centres, outlining registration, eligibility, and operational guidelines.
#AD You’re paying too much tax. That’s the harsh reality for most Indian high-net-worth individuals watching their wealth get chipped away by marginal tax rates hitting 30% plus surcharge. But here’s what the smartest investors have figured out: second citizenship isn’t just about a fancy passport. It’s about legally restructuring your entire tax situation. The […]
Kerala AAR clarifies GST exemption applicability on Yoga course fees when collected via third-party platforms like Geton Yoga. Platform fee remains taxable.
Kerala GST Advance Ruling Authority states plastic “rooter trainer cups” for plant propagation are not agricultural implements, classifying them under “other plastic articles” with 18% GST.
Kerala AAR confirms GST exemption for streetlight maintenance by Akshara to Kayamkulam Municipality under pure/composite service rules of Notification 12/2017.
Kerala’s GST AAR clarifies that fees for Leave Without Allowance from medical staff are not taxable, but inspection fees for self-financing institutions attract 18% GST.
IBBI introduces amendments to CIRP Regulations, enhancing disclosure of avoidance transactions in Information Memorandums and resolution plans for better transparency.
Kerala AAR rules bulk drinking water supply by tankers is exempt from GST under Notification 2/2017 if not aerated, distilled, or sold in sealed containers.
