Punjab & Haryana High Court affirms Constitution’s supremacy & equality of state organs, citing administrative law, natural justice in setting aside orders.
Learn about GSTN’s Invoice Management System (IMS) launched on Oct 14, 2024. Reduce ITC errors, improve reconciliation, and ensure compliance.
Summary of key Income Tax, GST, Customs, SEBI, RBI & other regulatory notifications & circulars issued between April 21-27, 2025.
Delhi HC rules courts must focus on specific allegations against accused in bail decisions, not just FIR details.
Learn how Section 50C impacts genuine property sales. Explore case laws, strategies, and defenses to handle unfair tax additions due to stamp duty value mismatches.
Understand GST implications on capital goods sale as per Section 18(6) and Rule 40(2). Learn about ITC calculation, quarterly reduction, and GSTR-1 reporting.
Overview of India’s MSME Act, 2006: classification, registration, payment terms, loan access, dispute resolution, and MCA compliance for delayed payments.
Overview of ICAI’s guidance note on preparing financial statements for non-corporate entities, including applicability of AS and standardized formats.
Overview of GST Section 17(5): Details on blocked Input Tax Credit (ITC) for vehicles, services, construction, personal use, and other restrictions.
The e-way bill (EWB) mechanism is a pivotal element in the GST regime, designed to track the movement of goods and curb tax evasion. While it has simplified inter- and intra-state transport documentation, non-compliance—intentional or inadvertent—can attract hefty penalties, including up to 200% of tax payable under Section 129 of the CGST Act, 2017. Based […]
