AAR, West Bengal ruled that GST exemption is unavailable when maintenance charges exceed Rs. 7,500/- per month per member. Full charges are taxable in such cases.
Madras High Court ruled GST orders cannot exceed demands stated in Show Cause Notice without explanation. Such orders will be set aside under CGST Act.
AAR Maharashtra ruled no GST on electrical energy supply by AES Engineering, as it’s exempt under relevant notifications. ITC not applicable on exempt supplies.
Learn about cybersecurity risks in India’s securities market, SEBI’s Cyber Resilience Framework, and measures to protect financial institutions from cyber threats.
Learn about Sovereign Gold Bonds, eligibility, investment tenure, tax implications, and benefits of investing in digital gold issued by the Government of India.
SC directs IIT Dhanbad to admit an SC student who missed the deadline due to financial hardship, exercising its powers under Article 142 of the Constitution.
Explore important tax rulings from the Nagpur ITAT, covering penalties, reassessment, TDS disallowance, and gratuity exemptions in four significant cases.
Learn about the compounding of offences under Section 441 of the Companies Act 2013, the procedure, and conditions for avoiding prosecution by paying fines.
Stay GST compliant this Navratri. File GSTR-1, GSTR-3B, CMP-08 on time, reconcile ITC, and avoid penalties to secure your business.
Learn the distinction between annul and set aside in legal contexts, including judicial interpretations and practical implications in income tax cases.
