Learn from the Telangana High Courts judgment in Rays Power Infra Pvt. Ltd. v. Superintendent of Central Tax that paying tax liability with interest before receiving a show cause notice prevents further penalties
Delve into the realm of corporate guarantees in the GST domain. Learn about their nature, GST applicability, and implications for Indian and foreign entities.
Discover the comprehensive guide to secretarial audit, covering its applicability, scope, professional responsibility, and who can conduct it. Ensure compliance, transparency, and corporate integrity.
Explore the Supreme Court interpretation of Section 194-H of the Income Tax Act, 1961, analyzing the distinction between commission-based principal-agent relationships and discount-based sales.
Discover the Maryada of taxation for businesses in India, covering Income Tax and GST thresholds. Ensure compliance and avoid legal troubles with these essential limits and provisions.
Explore the complexities of cross-empowerment in GST as notices and proceedings blur jurisdictional lines. Delve into the decisions, debates, and implications surrounding this burning issue.
In the nineteenth century, gold fever gripped the area as prospectors rushed to strike it rich in the gold mines of California, Australia, and South Africa. Fast ahead to the 21st century, and a present-day gold rush is underway, this time in the digital realm.
The upward push of cryptocurrency has catalyzed a transformative motion closer to what a few calls the “Internet of Value”—a decentralized environment where digital assets represent, switch, and save fees successfully and securely.
Have you got an intimation in DRC-01C under Rule 88D for ITC mismatch between GSTR-2B and GSTR-3B? Understanding the reasons and how to respond Have you availed ITC higher than the amount auto-populated in GSTR-2B? If you have then the chances are you can receive an intimation in form DRC-01C under Rule 88D asking for […]
The issue involves a subscription amount of Rs. 1 Crores, with a dividend rate of 0.10% over a tenure of 20 years. This brief examines the tax implications and regulatory considerations under the Indian Income Tax Act associated with this transaction.
