Single SCN for multiple financial years is impermissible, voiding proceedings and hindering year-wise dispute resolution ...

Kerala AAR allows Input Tax Credit on rooftop solar power plant used for common area maintenance in a mall, classifying it as ...

Understand GST implications for High Sea Sales in India. Learn about taxability, valuation, and input tax credit, clarifying ...

IRDAI releases a draft proposing an Internal Insurance Ombudsman for insurers. This aims to enhance grievance redressal for ...

Explore crucial role of Resolution Professionals (RPs) in Insolvency and Bankruptcy Code (IBC), ensuring fair and effective ...

Understand why incorrect GST TDS deductions on gross value cause mismatches, notices, and compliance issues for businesses ...

Learn common Share Purchase Agreement pitfalls, including price ambiguity, vague warranties, and inadequate indemnities, with ...

A critical aspect of GST legislation pertains to issuance of show cause notices (SCNs) and assessment orders in case of short ...

RBI outlines new directions for commercial and cooperative banks on digital banking, specifying eligibility for view-only and ...

Supreme Court clarifies the Limitation Act applies to MSMED arbitration but not to conciliation, allowing time-barred claims ...

The Kerala High Court has stayed recovery proceedings for one month, allowing petitioners to shift their income tax appeals to the Tribunal under Section ...

ITAT Delhi held that initiated the reassessment proceedings under section 148 of the Income Tax Act only on the basis of suspicion of involvement in money laundering activity without cogent material ...