Supreme Court: CBIC Notification Imposing IGST on Importers is in Violation of GST Law The Supreme Court has held that the Central Board of Indirect Taxes… AJPosted on May 20, 2022May 20, 2022
Karnataka AAR: Income from Guest Lectures Attracts 18% GST The Karnataka Authority for Advance Ruling (AAR) ruled that the income earned… AJPosted on February 17, 2022February 17, 2022
NRIs and OCIs don’t need to take RBI approval to buy or sell immovable property in India The Reserve Bank of India clarifies that Non-Resident Indians (NRIs) and Overseas… Namita ShahPosted on January 3, 2022January 4, 2022
Key takeaways from the SC’s verdict to disallow Rs.923 crore GST refund to Bharti Airtel The Supreme Court disallowed Bharti Airtel’s GST Input Tax Credit (ITC) refund… Annapoorna MPosted on November 2, 2021November 2, 2021
Supreme Court Upheld the Madras HC Decision Regarding CGST Rule 89(5) The Supreme Court urged the Goods and Service Tax (GST) Council to… AJPosted on September 14, 2021September 15, 2021
SC reproaches Centre over the delay in forming of the GST Appellate Tribunal On 6th August 2021, the Supreme Court criticised the Centre for not… Annapoorna MPosted on August 9, 2021August 9, 2021
CBIC: Extension of the limitation period applies only to judicial orders The CBIC issued a new circular no. 157/13/2021 on 21st July 2021.… Annapoorna MPosted on July 22, 2021July 22, 2021
Banks Might Face Legal Problems Upon Invoking Personal Guarantees In May, the Supreme Court permitted invoking personal guarantees concerning corporate debtors.… Bhavana PNPosted on July 15, 2021July 15, 2021
Goodwill depreciation: CBDT inserts new rules for computing STCG and WDV The Central Board of Direct Taxes notified the computation mechanism of written… Namita ShahPosted on July 9, 2021July 9, 2021
Will Top Banks in India Resume Services Related to Cryptocurrencies? The RBI clarified on May 31, 2021, stating that banks and regulated… Cleyon D'SouzaPosted on June 3, 2021June 3, 2021
