An analysis of GST for cloud kitchens and e-commerce operators. Learn about the shift in tax liability under Section 9(5), ITC implications, and GSTR reporting for sales via platforms like Zomato and Swiggy.
Understand 5 key income tax provisions for Indian taxpayers, including the basic exemption limit, Section 80C deductions, capital gains tax, TDS, and penalties for non-compliance.
The ITAT granted Lowe’s India partial relief, allowing an 80G deduction for CSR donations while correcting MAT profit and other disallowances. The transfer pricing issue was remanded for a fresh review.
The ITAT Bangalore deleted a Rs.23.77 Cr capitation fee addition and restored exemption u/s 11 for Sri Devaraj Urs Educational Trust, ruling that uncorroborated documents and contradictory statements lack evidentiary value.
TReDS is an RBI-regulated platform that facilitates fast, collateral-free payments for MSMEs from large buyers. Learn how the system works and its benefits for India’s small businesses.
Summary of the 56th GST Council Meeting, including the operationalization of GSTAT, simplified rules for post-sale discounts, and streamlined GST registration for small businesses and e-commerce sellers.
The Karnataka High Court quashed a Rs.9.10 Cr ex-parte reassessment order against Arcade Constructions, ruling that a proper opportunity of hearing is essential.
Understand Input Tax Credit (ITC), a key component of the GST system. Learn how it prevents cascading taxes, its rules, benefits, and challenges for businesses.
The 56th GST Council recommends a major change to intermediary service rules, aligning the place of supply with the recipient’s location to benefit exporters.
Let’s rewind to July 1st, 2017. It was just another morning for most of us, but for Indian businesses and policymakers, it was a major turning point. That was the day **GST—Goods and Services Tax—**came into action. And trust me, this wasn’t just any policy change. It was probably one of the biggest shake-ups India’s […]
