Clarification on ITC entitlement for insurance companies on motor vehicle repairs under reimbursement claim settlement as per CGST Circular No. 217/11/2024.
CGST Circular 213/07/2024 clarifies GST applicability on ESOP/ESPP/RSU provided by foreign holding companies to Indian subsidiaries’ employees.
CGST Circular 210/4/2024 clarifies the valuation of import services by related persons with full ITC eligibility. Learn the key points and implications.
CGST Circular 207/1/2024 sets new monetary limits for filing appeals to reduce government litigation. Read more on the specifics and exclusions.
ICAI imposes ₹15,000 fine on CA Parimal Sarkar for professional misconduct in government tender participation. Non-payment may lead to name removal.
ICAI’s Disciplinary Committee fines CA Bal Chandra Khaitan Rs. 5,000 for failing to report improper accounting of an amalgamation reserve. He was cleared of two other charges.
Kerala High Court decision on R. Jayakumar vs Union of India regarding retrospective tax exemption on earned leave salary.
Discover essential updates on the e-filing portal for ITR 2024-25, including changes in forms, bank validation, refund status, statutory forms, and common issues.
India GST revenue for May 2024 reached ₹1.73 lakh crore, marking a 10% year-on-year growth. Discover the details and trends driving this significant increase.
Discover how Insolvency and Bankruptcy Code (IBC) protects homebuyers and other consumers, with a detailed analysis of financial and operational creditor rights.
