Considering these legal provisions, the AAR concluded that the GST Act does not permit a ruling on the taxability of ...

The applicant sought a ruling on the GST applicability of renting out their immovable property to the State Government for ...

Since the scale attracts the highest GST rate of 18%, the AAR ruled that the entire Geometry Compass Box supplied by Amardeep ...

ITAT Hyderabad held that re-assessment under section 148 merely based on borrowed satisfaction, without any independent ...

NCLAT Delhi held that failure of reconciliation of accounts qualifies as pre-existing dispute. Thus, order admitting ...

In conclusion, the SEBI (PIT) Regulations, 2015 represent a vital step toward protecting investor interests and improving the credibility of Indian financial markets. Continuous improvements, ...

When taxpayers wrongly avail input tax credit (ITC) under GST, the law mandates interest shall be levied on such amounts if the credit is “utilised”. However, a key interpretational debate arises ...

The 12A registration is a provision below the Income Tax Act that permits charitable or non profit agencies to assert tax exemptions. Once registered below section 12A, the enterprise becomes eligible ...

From the 1990s, both in the UK and the USA, focus started shifting to Corporate Governance, with accounting scandals leading to the failure of companies. In 2009, in India, the Satyam scam raised ...

CESTAT concurred with the Commissioner (Appeals)’ finding that the matter was rightly remanded for the issuance of a speaking order. Consequently, CESTAT found no merit in Nico Extrusion’s appeal ...

Madras High Court held that re-opening u/s. 148 read with section 147 of the Income Tax Act not sustained as there is no ...

The Maharashtra Authority for Advance Ruling (AAR) has determined that the cancer prognostic and diagnostic services provided by Epigeneres Biotech Private Limited do not qualify for exemption from ...