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Gauhati HC voids CGST Notification No. 56/2023, citing lack of GST Council recommendation and unjustified COVID-19 rationale. Read the case’s key legal findings.
A concise summary of notifications and circulars for the week ending 16th Feb 2025, covering Income Tax, GST, SEBI, RBI, and more.
This Valentine’s, Fall in Love with Simpler Tax Laws! The proposed Income Tax Bill 2025 aims to overhaul the existing Income Tax Act of 1961 by simplifying complex tax laws and making them easier for taxpayers to understand. Set to take effect on April 1, 2026, the new bill reduces the number of sections and […]
In the legal domain, AI’s role is increasingly critical, particularly in patent law, where the question of inventorship and patentability of AI-generated inventions is under scrutiny.
Learn how to apply for a Lower Tax Deduction Certificate (LTDC) under Section 197 to reduce TDS, improve cash flow, and optimize tax savings.
Understand the key principles of AS 10 for Property, Plant, and Equipment (PPE), including recognition, cost treatment, depreciation, and revaluation.
Explore the complexities of enforcing maritime sanctions, focusing on legal hurdles, international compliance, and the impact on shipping and trade.
Understand ITC reversal rules for banks & NBFCs. Compare Rule 38 & Rule 42 for ITC claims, exemptions, and GSTR-3B reporting. Find the best option for compliance.
Delhi HC quashes an FIR citing misuse of Section 498A IPC, highlighting false dowry harassment allegations and the need for legal reforms to prevent abuse.
