India clarifies FDI norms by linking beneficial ownership to PML Rules. Investments exceeding 10% ownership now require government approval.
The classification depends on whether there is actual crypto transfer. Cash-settled trades are generally treated as speculative business, not VDA income.
SEBI targets SPV status, borrowing ambiguity, and investment restrictions in REITs and InvITs. The reforms aim to enhance flexibility and market efficiency.
GST liability depends on correct determination of place of supply. The rules define whether a transaction is intra-State or inter-State.
Companies cannot give loans or guarantees to directors or related parties. Exceptions apply only with strict conditions and disclosures.
The Court addressed restrictions on private religious gatherings and ruled that the State must ensure protection where threats exist. It held that limiting worshippers without valid grounds violates constitutional rights under Article 25.
Section 54 provides a complete framework for GST refunds, including timelines and conditions. Courts have clarified strict compliance and limited scope for equitable relief.
Court held retrospective cancellation invalid if not proposed in show cause notice. Key takeaway: Proper notice is mandatory for valid action.
The GSTAT Rules, 2025 provide a complete framework for GST appeals, including filing, hearings, and compliance. They establish a structured and digital dispute resolution system.
This guide explains all GSTAT forms, procedures, and timelines for filing appeals. Key takeaway: Proper use of forms and compliance ensures effective appellate remedies.
