Understanding the time limit for issuing demand orders under Section 73(10) of the CGST Act, 2017 for the financial year 2017-18.
Find out about the litigations surrounding the Budgetary Support Scheme Refund in India. Learn more about the impact on eligible units and the reimbursement process.
Unveiling the intricacies of black money law. Understand the provisions, procedures, and rationale behind this substantive law on undisclosed foreign income and assets.
TC can be availed by registered person in Table 4 of GSTR-3B of a tax period. Question is that in which tax period’s GSTR-3B, a registered persons can claim ITC after this amendment.
From the very definition of the term common areas, it can be made out that the entire project land is deemed to be the common areas along with all the common amenities and facilities in the project except covered car parking areas, garages which have been excluded from the purview of the definition of the common areas while open car parking areas have been included.
Understanding GST liability on renting of land and building for poultry purpose. Learn about the applicability of GST in the poultry industry.
Understand the tax exemption criteria for charitable institutions engaging in educational activities. Learn the Supreme Court’s ruling and its impact.
The transfer pricing rules are meant to prevent tax leakage and market distortion that may result from the prices set for transactions among related parties. While cost-plus is one of the most commonly used methods to assign an appropriate price for a product or service, it’s not the best method to follow in all cases.
Understand the process and benefits of document against payment (D/P) and document against acceptance (D/A) in international trade.
Learn about the new tax deduction provision under Section 194Q and its implications for buyers. Understand the criteria and rates for tax deduction.
