Learn how the new GST Invoice Management System (IMS) improves ITC reconciliation, enhances compliance, and streamlines invoicing processes for businesses from October 2024.
The Supreme Court upholds TOLA, validating extended income tax reassessment timelines despite previous High Court rulings on Section 148 notices.
The Supreme Court upheld Section 17(5)(d) of the CGST Act, impacting ITC claims for properties constructed for rental purposes.
The Allahabad High Court ruled that personal hearings are mandatory under Section 75(4) of the CGST Act before passing any orders.
The Supreme Court ruling in UOI vs. Rajeev Bansal clarifies reassessment provisions post-April 2021 under Income Tax Act, extending time limits via TOLA.
Karnataka HC rejects bail under UAPA, emphasizing national interest over personal liberty. Landmark judgment highlights the precedence of societal safety.
GST amendments introduce a common time limit for demand notices, applicable from FY 2024-25, for both fraud and non-fraud cases under Section 74A of CGST Act.
Explore key insights on income tax reassessments in light of recent Supreme Court rulings, focusing on changes to procedures and time limits.
Explore key aspects of adjudication and compounding of offences under the Companies Act, 2013, including penalties, non-compliance risks, and e-adjudication procedures.
Understanding how Input Tax Credit (ITC) applies when output supply is exempt or subject to Reverse Charge Mechanism (RCM) under Section 17 of the GST Act.
