"He worked as Senior Associate in Lakshmi Kumaran & Sridharan an international law firm with overall experience of 12 years in handling the tax advisory, representations before revenue authorities, assisting senior advocates before High courts and tribunals. Currently an independent professional working in areas of RERA, GST, Direct tax, Financial advisory and consultancy. His professional experience include handling tax litigations from assessing authority level to supreme court. He handled book keeping and tax advisory services to one of the largest State legislated university in Andhra Pradesh. He is nominated member of Andhra Pradesh State Commercial Tax Department for suggesting best practices in GST tax administration. He advises clients on restructuring assignments such as tax due diligence and tax compliance review. He is presently partner in Vikramaditya & Associates CA Firm."
In this article we will analyse Input tax credit on motor vehicles post 01-02-2019 GST amendment. Motor Vehicles are used for transportation of goods or passengers/ employees in the business. Under GST, Input tax credit is not restricted for motor vehicles made and used for transportation of goods. However, input tax credit was restricted on […]
Explore the relevance of one-to-one correlation for utilizing Input Tax Credit (ITC) towards specific outward taxable supplies under the Goods and Services Tax (GST) system. Learn how the seamless flow of ITC allows flexibility in utilization, avoiding complexities and ensuring smooth compliance. Gain insights from legal cases supporting this approach and understand the fundamental aspects of ITC in GST.
Discover the challenges faced by early birds in complying with the 80G registration procedures under the new scheme of exemption for charitable institutions. Get insights into the transition from provisional to regular registration, timelines for Form 10A and Form 10AB, and the doctrine of impossibility.
Get insights into the recent Supreme Court verdict on educational institutions availing income tax exemptions under section 10(23C).
The Government plans to table the Development of Enterprise and Services Hubs (DESH) Bill during the ongoing monsoon session of Parliament to overhaul the SEZ Act of 2005 with an aim to make governing provisions of Special Economic Zones (SEZ) more WTO Compliant.
GST Liability on pre-package and labelled commodity has been matter of serious debate among trade and professional circles in last few weeks. In this article I share some of my thoughts on pros and cons on this new imposition of tax.
CBIC puts brakes on arbitrary tax collections through coercive measures in GST enforcement. Recent instructions curb undue force, ensuring fair procedures. Learn about the impact on taxpayers and disciplinary actions.
Uncover the impact of Section 194R on junkets and corporate gifts. Learn how income tax authorities are scrutinizing these expenses.
Does denial of adjustment of Electronic Credit Ledger balance against GST Pre-deposit tantamount to double taxation ?? Right to file an appeal is the statutory right granted by Tax Laws of the country. Under the GST law, any person aggrieved by the impugned order passed by the assessing authority is entitled to file an appeal […]
GST law is a classical example of cooperative federalism which facilitates fiscal growth of all the states in the country. It has curtailed the levy of multiple taxes and promoted transparency, accountability, and reduced human interface in relation to its execution and implementation. In the Pre GST regime, there are multiple disputes with respect to […]
