Large taxpayers can now self-certify GSTR-9C without CA/CMA certification, ensuring accurate reconciliation between GST returns and audited financial statements.
Corporate law allows recovery of dividends and shares transferred to IEPF after seven years. Ownership rights remain intact if the prescribed process is followed.
The Tribunal ruled that once income has suffered tax in the hands of the real recipient, TDS credit cannot be withheld on technical grounds.
Learn how to reconcile outward supplies, ITC, and liabilities across multiple years and minimize audit risks when filing GSTR-9.
This guide explains the various GST assessment methods under the CGST Act and clarifies when each is triggered. The key takeaway is understanding how compliance level determines the assessment route.
Courts held that enforcement must respect statutory boundaries, curbing aggressive classification and extended limitation without evidence of suppression.
The guide explains that stock audits assess the quality, ownership, and value of bank security, with Drawing Power as the key outcome.
The analysis highlights that valuation is the foundation of restructuring, shaping fairness, regulatory approval, and long-term value rather than merely supporting a swap ratio.
The ITAT held that revision is invalid when invoked merely to re-examine an issue already scrutinised by the Assessing Officer.
NCLAT Chennai held that recall application under rule 11 of the NCLT Rules cannot be utilised as a camouflage to seek review of an order which has been passed on merits. Thus, company appeal lacks merits and hence dismissed.
