GST applies on TDR, construction, and sale of units under JDAs. Tax is payable mainly on unsold units at completion, ensuring no double taxation.
The new law restructures TDS provisions with new section numbers and codes. Businesses must update systems despite no change in rates or thresholds.
The Court examined whether termination of Assistant Advocates was carried out lawfully. It held that disengagement without following proper procedure and terms is arbitrary. The ruling reinstated the advocates and mandated fair guidelines.
Many IPO delays arise from governance gaps rather than financial weakness. The key takeaway is that early restructuring of shareholding, board, and compliance is essential for smooth approval.
The amendment introduces imprisonment for failure to comply with NFRA orders. Auditors now face criminal consequences beyond financial penalties.
The amendment introduces a statutory route for AIF trusts to convert into LLPs. This enables better structuring but requires investor consent and careful liability assessment.
The article highlights how higher GST on battery rentals erodes cost advantages of BaaS. It emphasizes the need for tax alignment to support EV adoption.
The continued use of old Form 13 instead of Form 128 reflects system lag. The issue underscores the need for synchronization between law and digital compliance tools.
The Bill increases eligibility limits for small companies, widening coverage and reducing compliance obligations. The reform aims to promote ease of doing business while simplifying regulatory requirements.
GST registration cannot be cancelled merely due to an unregistered rental agreement, as it is not a statutory ground. Courts emphasize that procedural defects do not justify drastic actions like cancellation.
