The Court held that bona fide purchasers are entitled to Input Tax Credit even if the seller fails to deposit tax, protecting compliant traders from undue liability.
Explore how Quality Control Orders intended for consumer safety are being inconsistently applied, causing trade unpredictability and legal uncertainty.
This guide breaks down the mandatory annual e-filing process for the Statement of Account and Solvency (Form 8) for Limited Liability Firms on the MCA V3 portal. It details the steps for reporting solvency, financial statements, and mandatory digital signature requirements.
Learn how SEZ, STPI, and Non-STPI frameworks differ in tax incentives, compliance, and operational flexibility to help GCCs make an informed India strategy.
Learn how to apply for a lower or nil TDS certificate under Form 13. Covers eligibility, applicable incomes, filing steps, validity, and key compliance points for individuals, firms, and companies.
Punjab and Haryana High Court ruled that offences involving obstruction or assault on government employees during duty cannot be quashed on the basis of private settlements.
The ROC imposed ₹2,00,000 on the company and ₹50,000 per officer-in-default for reporting board meetings before a director’s appointment date, emphasizing date-accurate disclosures in MGT-7.
The Finance Act, 2024 changes buyback taxation—proceeds are now taxed as dividends in investors’ hands, removing the earlier tax advantage of corporate buybacks.
Discover how India’s GST evolved into a tech-driven system powered by AI, blockchain, and data analytics, revolutionizing tax compliance and transparency.
Learn why November 30, 2025, is the most crucial date under India’s GST regime. Missing this final lock-in can lead to permanent ITC loss and compliance penalties. Learn why November 30, 2025, is the most crucial date under India’s GST regime. Missing this final lock-in can lead to permanent ITC loss and compliance penalties.
