In a significant verdict, the Delhi High Court, led by Acting Chief Justice Manmohan and Justice Mini Pushkarna, has upheld the constitutional validity of Section 115BBE of the Income Tax Act.
On December 28, Zomato Ltd, the popular online food delivery platform, revealed that it received a show cause notice (SCN) from the Goods and Services Tax (GST) office.
The Goods and Services Tax Network ("GSTN") has added 2 new banks Karnataka Bank Limited and RBL Bank Limited, bringing the total number of banks accepting GST payments to 25.
The Goods and Services Tax Network (GSTN) has rolled out a highly anticipated feature, enabling the online filing of Annexure-V on the GST Portal. This feature is specifically tailored for newly registered GTAs choosing to operate under Forward Charge.
ICICI Lombard General Insurance Company, a prominent player in the insurance sector, has encountered a significant setback as it received a demand notice for the alleged short payment of Goods and Services Tax (GST) amounting to over Rs 5.66 crore.
The Income Tax Department has released a clarification on the social media platform 'X' (formerly known as Twitter), addressing concerns and questions surrounding notices sent to individuals who have already filed their income tax returns (ITRs).
In a proactive move to alleviate the challenges faced by taxpayers dealing with Goods and Services Tax (GST) issues, the Central Board of Indirect Taxes and Customs (CBIC) has unveiled a groundbreaking amnesty scheme.
Indian pharmaceutical major Zydus Life revealed that its wholly-owned subsidiary, Zydus Healthcare Limited (ZHL), has received an Income Tax demand of Rs 284.58 crore
Real estate developers have reportedly approached Finance Minister Nirmala Sitharaman, urging amendments to the recent circular imposing an 18% Goods and Services Tax (GST) on corporate guarantees
In a bid to ensure accurate tax compliance, the Income Tax department is intensifying its efforts to reconcile discrepancies between the tax deducted at source (TDS) by companies and the declarations made by employees in their annual I-T returns.
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