This circular, which supersedes the framework issued in June 2023, aims to address operational difficulties faced by stakeholders while ensuring the safeguarding of clients' funds.
The Central Goods and Services Tax (Second Amendment) Bill, 2023, introduced in the Lok Sabha on December 5, 2023, seeks to amend the Central Goods and Services..
The world of Goods and Services Tax (GST) in India has seen its fair share of controversies and complexities. One such issue that has recently surfaced involves the pre-deposit requirement for filing appeals against GST orders.
This article will examine a recent case where the CCI penalized a parent company for failing to notify a joint acquisition despite not fulfilling the exemption criteria.
This case revolves around allegations against Tata Motors Ltd. (TML), a company engaged in the business of commercial vehicles and spare parts, by its authorized dealers, Neha Gupta and another informant (Informant 2).
In a landmark judgment, the Supreme Court has upheld an order of the High Court directing a GST official to pay compensation to a taxpayer for issuing an invalid penalty order. The Court also increased the compensation amount from Rs. 10,000 to Rs. 69,000.
The Goods and Services Tax (GST) Act, introduced in India in 2017, has revolutionized the country's taxation system. However, certain aspects of the Act continue to spark debate, including the interpretation of the term "goods" and its implications for cash seizure under Section 67.
Securities Appellate Tribunal Quashes SEBI's Order Imposing Penalty on Mukesh Ambani and Two Others in Case Related to Manipulative Trading
While reading some concepts of the Limitation Act in my LLB syllabus a thought came to my mind that can we Combine the Limitation Act and the Income Tax Act?
In a recent report, ICAI Research Committee Highlights Instances of Misconduct and Gross Negligence by Chartered Accountants. I am writing it to make fellow members and students aware of the same.