ITAT Mumbai held that set off of loss of Permanent Establishment [PE] against the interest income received from External Commercial Borrowing, on which benefit of concessional rate tax availed, is ...

Calcutta High Court held that period of offence prior to June 1, 2009 attracts Schedule to Prevention of Money Laundering Act, 2002 [PMLA] being amended with effect from June 1, 2009 as proceeds of ...

Are you tired of the painstaking, manual process of GST reconciliation? Do you spend hours cross-referencing your GSTR-3B ITC data with GSTR-2B, trying to pinpoint discrepancies? What if there was a ...

Understand taxation of partnership firms in India, covering firm-level tax, partner remuneration, capital contributions and tax implications during reconstitution or dissolution under Income Tax Act, ...

Understand IBC Section 24(3)(c) regarding operational creditors' right to receive notice for Committee of Creditors meetings when their aggregate dues meet the 10% ...

AD Investing in today’s digital age is no longer a privilege for a few. It is a right and an opportunity for every ...

Explore key GST rulings from May 2025, covering ITC denial, SCN challenges, involuntary payments, cross-examination rights, SCN validity, penalty for e-way bill errors, and condonation of delay in ...

ITAT Agra held that property purchased, being four shops at ground floor and one room at first floor, was predominantly commercial in nature and hence disqualifies for exemption under section 54 of ...

Kerala High Court grants bail, stating a consensual relationship turning sour isn't rape. Court emphasizes caution in false allegations and misuse of ...

Brief overview of IBC The Insolvency and Bankruptcy Code (IBC) is a law made by the Indian government in 2016 to help companies, individuals, or businesses ...

Calcutta High Court emphasized that refund denials cannot be sustained unless deficiencies are effectively and electronically communicated to applicant via GST ...

Understand the legal framework for retracting statements made to GST officers in India, including procedures, conditions for acceptance, and relevant judicial ...