Understand the tax implications of employer-provided gifts for GST and Income-tax. Learn about the Rs.50,000 GST limit, perquisite tax rules, and essential compliance steps for HR and payroll.
Understand when amended tax laws apply to past assessment years. Learn the distinction between prospective and retrospective application for substantive and procedural changes in tax jurisprudence.
Gauhati High Court nullifies Notification 56/2023-Central Tax, ruling the GST time limit extension for FY 2018-19 and 2019-20 as ultra vires. The court highlighted the absence of a force majeure event and mandatory GST Council recommendation, impacting demand orders.
Allahabad High Court quashes ITC denial for bona fide buyers when sellers fail to deposit tax, reinforcing that buyers are not responsible for supplier non-compliance.
Master your GST authority appearance with key action points on case analysis, financial assessment, evidence gathering, legal research, and maintaining professionalism for optimal outcomes.
