Corporate tax

Bombay High Court Favours Department about TRAN-1 Time Limit

The Bombay High Court states that the tax department has the power…

CBIC Clarifies on Utilisation of ITC in Case of Mergers & Acquisitions

Entities undergoing company reorganisation by merger, demerger, amalgamation, ownership change and asset…

Gareeb Kalyan Yojana: Package of Rs 1.70 lakh crore allotted

The Union Finance Minister, Smt Nirmala Sitharaman announced a package of Rs…
GST Revenue

CBIC Prescribes Timelimit for Appeals at GST Appellate Tribunal

The Central Board of Indirect Taxes and Customs (CBIC) issued a clarification…

GSTN released an advisory on opting in Composition Scheme for FY 2020-21

The GSTN (Goods and Services Tax Network) released an advisory on opting…

ClearTax acquires Karvy’s GST Filing Business

The online tax filing platform ClearTax has acquired the Goods and Services…

Companies approach court over denial for ITC on gifts and free samples

Few companies approached the Hon’ble Gujarat High Court against the government and…

The e-invoicing system: Its journey since the inception of GST

The Goods and Service Tax (GST) system has seen many changes since…

GSTIN Must Be Mentioned in Export and Import Documents

The Central Board of Indirect Taxes and Customs (CBIC) released a circular…

Government to collect Rs 46,000 crore as interest for GST late payment

The Central Board for Indirect Taxes and Customs (CBIC) has come up…