Navigate the complexities of GST on developed land sales in India, examining CBIC circulars, conflicting AAR/AAAR rulings, and developer recommendations.
Cloud kitchens and takeaway businesses can opt for GST Composition Scheme at 5% rate if turnover and other conditions are met, as per GST law & clarifications.
New GST circular requires suppliers to get buyer confirmation or CA certificate of ITC reversal to legally reduce tax via credit notes for discounts.
This article provides a detailed, updated guide to legal registrations, Income Tax, and GST compliance for freelance journalists, including those engaged on per-assignment or contractual basis.
Examining procedural inconsistencies in GST recovery under the CGST Act. Highlights legal gaps in recovery mechanisms for unfiled GSTR-3B returns with case law references.
Understand the changes in ITR forms (1-7) for AY 2025-2026, including updates to capital gains reporting, tax regimes, deductions, and disclosure requirements.
Supreme Court acquits man in 26-yr case, flags misuse of Section 498A IPC & Dowry Act due to vague allegations and tendency to falsely implicate relatives.
Freight and insurance charges are includable in Central Excise assessable value for FOR destination sales where the buyer’s premises is the place of removal.
Learn about reporting FDI via Form FC-GPR, Automatic/Government Routes, FLA return, and rules for handling excess foreign investment amounts.
Jharkhand High Court rules Section 61 GST notices are for return discrepancies, not questioning sale value vs market price; quashes notices.