One of largest changes in 2025 is updated MSME classification, which will come into effect from April 1, 2025. Government has raised investment limits by 2.5 times and doubled the turnover limits.
Decoding of Rule 96B of the CGST Rules, considering customs, FTP and FEMA provisions Legal Provision Section 16 (1) of IGST Act, 2017 A registered person making zero rated supply shall be eligible to claim refund of unutilised input tax credit on supply of goods or services or both, without payment of integrated tax, under […]
Article explores significance of ownership of data in determining whether a particular transaction amounts to provision of Online Information and Database Access or Retrieval (OIDAR) services under Indian indirect tax law.
Delhi High Court ruling on GST penalty sparks demand for reform of Section 122(1A) to protect tax professionals like CA, CMA, CS, and Advocates from liability.
Delhi High Court dismisses Revenue’s appeal in Modipon Ltd. case, ruling against strict application of Section 50C when circle rates rise between agreement to sell and sale deed dates. Upholds ITAT decision.
The Supreme Court dismissed Inder Singh’s appeal, upholding the condonation of delay in the State’s land dispute case, stressing merits over technicalities while cautioning the government on future delays.
SC held writ petitions against ARC’s proposed SARFAESI action as not maintainable due to alternative remedy under Section 17 of the SARFAESI Act.
Detailed analysis of Rule 33 of CGST Rules, 2017, on valuation of supply by pure agents. Includes key conditions, examples, and recent legal rulings.
This article provides a comprehensive analysis of Price-to-Earnings (PE) multiples as critical valuation metrics in financial markets, with particular focus on IPO applications.
The Satish Chander Verma case marks a shift in real estate insolvency, supporting mutual settlements and influencing IBBI’s 2025 regulatory amendments.
