A representation has urged CBDT to merge TDS return codes 1023 and 1024, arguing that both apply to the same contract payments with identical thresholds and tax treatment. The proposal seeks to reduce compliance complexity and reporting errors.
The 2005 amendment granted daughters equal coparcenary rights in HUF property, including inheritance and partition rights. However, their children do not acquire coparcenary status by birth, creating a key distinction from sons.
The Supreme Court held that online money gaming involving stakes constitutes a taxable supply of actionable claims. GST is payable on the full value of player deposits and not merely on platform commissions.
India’s procurement framework requires registration for specified bidders from land-border countries before participating in government procurement. The rules are aimed at addressing national security concerns in public purchasing.
The article argues that differences between BJP leadership and Annamalai are strategic rather than ideological. It urges reconciliation to strengthen the party’s prospects and advance its political objectives in Tamil Nadu.
The Supreme Court ruled that whenever money is staked on an uncertain outcome, the activity amounts to betting and gambling for GST purposes. GST is payable on the entire bet value or deposit and not merely on platform fees or commissions.
The Supreme Court ruled that once money is staked on an uncertain outcome, the activity becomes betting and gambling regardless of whether the game involves skill or chance. States therefore have the power to prohibit online gaming played for stakes.
The CBDT has identified specific categories of taxpayers whose returns will be compulsorily selected for complete scrutiny during FY 2026-27. The guidelines cover survey, search, reassessment, tax-evasion, exemption, and recurring addition cases.
The CCI found a prima facie case against restrictive contractual clauses that allegedly prevented participants from joining competing pageants and controlled their professional activities. The matter has been referred to the Director General for investigation.
Practitioners are reportedly following different methods while completing GSTAT appeal forms because of inadequate guidance. The representation calls for a uniform approach supported by detailed instructions and examples.
