This piece explains that Independent Directors are not automatically liable, but face risk where knowledge, consent, or neglect is established.
Highlights the most common GST triggers for online sellers, including GSTR mismatches, ITC issues, and credit note errors, helping businesses prevent notices and penalties.
Explains how religious and charitable trusts can comply with FCRA, highlighting proper donation channels, fund utilization, and reporting to prevent suspension or cancellation.
This case note explains that CAs, CSs, and Advocates are protected for bona fide advice but can be prosecuted if they knowingly assist laundering. The key takeaway is that crossing from advisory to execution triggers PMLA exposure.
The FAQs hold that annual GST returns are final, non-revisable statements that often become the basis for audits and investigations.
This explains why certain GST credits are disallowed under law and how courts determine whether ITC is wrongly blocked despite business use.
Hospitals and medical NGOs must disclose all foreign grants, equipment, and medicines under FCRA; non-compliance can lead to frozen funds or registration suspension.
This article explains each table of GSTR-9 and why it is crucial during GST audits and scrutiny. The key takeaway is that table-wise accuracy and reconciliation are essential to avoid notices and disputes.
Learn the FEMA rules governing gifts of money, shares, and property to non-residents, including documentation, valuation, and repatriation considerations.
Explains when overseas real estate investment is permitted and highlights the key takeaway—funding, structure, and disclosure matter as much as the purchase itself.
