The 54th GST Council recommends RCM for renting of commercial property by unregistered persons to registered entities, raising various legal and ITC implications.
Investing in Initial Public Offerings (IPOs) can be an exciting opportunity for investors looking to tap into the potential of newly listed companies. However, it is important to remember that IPOs come with their own set of risks.
Explore the challenges and key steps in successful Post-Merger Integration (PMI) to ensure long-term value and synergy between merged companies.
Learn about the revised tax implications on buybacks by domestic companies effective October 1, 2024, shifting the tax burden to shareholders.
Madras High Court stays GST recovery on seigniorage fees and mining leases, pending a decision by the Supreme Court’s Constitution Bench on the issue of royalty.
The 2024 Budget empowers the government to restrict certain goods under the MOOWR Scheme, which facilitates duty-free imports for manufacturing operations.
The Supreme Court ruled that long undertrial custody leading to acquittal may give rise to claims for compensation, addressing a key issue in criminal justice.
Allahabad HC rules that failure to prove the physical movement of goods disqualifies Input Tax Credit (ITC) claims. Scrutiny of GST return may skip ASMT-10 notice.
Important TDS rate changes from October 1, 2024, affecting insurance, rent, commissions, mutual funds, and e-commerce. Learn about the reduced rates and new provisions.
Explore key tax rulings from Kolkata ITAT, covering Section 50C, deemed dividends, and tax rate implications under Section 115BAA in this insightful analysis.