Explore critical GST issues affecting taxpayers and the urgent need for reforms. Learn about the proposed GST amnesty scheme and its implications.
SARFAESI Act of 2002 addresses India’s non-performing assets. Section 13 empowers secured creditors to enforce security interests without court proceedings, streamlining debt recovery.
दिल्ली आयकर प्राधिकरण ने माना कि परिवार की हैसियत और माता-पिता के पास रखा सोना मान्य हो सकता है, भले ही वह आयकर सर्कुलर की सीमा से अधिक हो।
Madras High Court rules fresh SCN necessary if tax proposals are modified based on assesse’s reply in case of Vela Agencies vs. Assistant Commissioner ST FAC.
Delhi High court in Rajkumar Singhal v. Goods and Services Tax Network held that SCN and Form GST REG 31 liable to be set aside when SCN lacks officer details issuing SCN and supporting documents and is not in compliance with Rule 21A of the CGST Rules.
Understand the tax implications of surplus on redemption of zero-coupon NCDs: Is it interest income or capital gains? Learn from recent rulings and expert analysis.
In Section 56(2)(viib) of Income Tax Act, Assessing Officer’s wide discretion on valuation faces constraints from rules and tribunal judgments. This article explores three issues: changing valuation methodology, challenging FMV due to lack of documents, and rejecting Discounted Cash Flow based on cash flow variations.
Discover the Assessing Officer’s authority to challenge valuations under Section 56(2)(viib). Learn about valuation methods, legal precedents, and implications for businesses.
Read MP HC landmark judgment: Constitution does not require reservation or adequate representation of all categories in High Court judges’ appointment.
Delhi High Court rules against unsubstantiated GST demands, ensuring taxpayer rights under Section 73 of CGST Act. A landmark victory for due process.
