Explore GST input tax credit (ITC) rules for building construction, recent Supreme Court rulings, and exceptions under the CGST Act for plant and machinery.
ITAT Delhi upholds CIT(E) order in ITO Vs Mehta Charitable Prajanalaya Trust, disallowing unrelated expenses and clarifying deductions under Section 80G.
Bombay HC commutes death sentences, condemning a trial court’s reliance on Mahabharata and statistical data instead of case facts in a multi-murder judgment.
Taxpayer injustice due to high-pitched assessments and misuse of Section 115BBE of the Income Tax Act in 2017-18 and 2018-19 assessments.
Clarifies GST liability on oil tanker lease charges, emphasizing exemption for owners under Notification 12/2017.
Avoid common income tax payment mistakes, including incorrect forms, delayed payments, and incorrect PAN, to ensure compliance and avoid penalties.
A term insurance plan is considered a valuable asset in an individual’s financial planning. It not only provides security to your loved ones but also offers the advantage of saving taxes that can reduce your taxable income significantly.
Explore the November 2024 GST Case Law Compendium, analyzing key rulings from the High Court & Supreme Court on tax demands, registration, penalties, ITC, and SCNs.
SEBI proposes amendments to UPSI definition under Insider Trading rules, adding 13 events to enhance transparency and align with disclosure norms.
Explore the role of environmental laws and practical strategies in tackling waste management challenges and protecting ecosystems.