1. Provision allowing Input Service Distributors to distribute input tax credit for inter-state supplies subject to reverse ...

Upon appeal, the AAAR upheld GAAR’s ruling, rejecting Riddhi Enterprise’s argument. The ruling referenced previous cases, ...

The CCI’s initial review acknowledged Google’s significant market position in ad-tech services and accepted the Informant’s ...

Conclusion: Assessee was entitled to the exemption under Section 10A as ex-post facto approval granted by the RBI, the ...

49. Merely because the Authorized Representative of the petitioner did not raise any objection before the Assessment Order dated 30.11.2017 was passed, ipso facto would not mean that reference under ...

The Ministry of Finance (Department of Revenue) has issued a corrigendum regarding Notification No. 50/2024-Customs, originally published on December 30, 2024. The correction pertains to a ...

(4) On and from the 1st day of April, 2025, the power of the Settlement Commission under this section shall be exercised by the Interim Board and the provisions of this section shall mutatis mutandis ...

The Finance Bill, 2025, introduces significant changes to penalty provisions under the Income Tax Act. Sections 271C, 271CA, 271D, 271DA, 271DB, and 271E will now allow penalties to be imposed by the ...

Vide Finance Act 2022, taxation of virtual digital assets (VDA) has been introduced in the Income-tax Act, 1961 (‘the Act’), under section 115BBH of the Act in which the transfer of VDA is to be taxed ...

The Securities and Exchange Board of India (SEBI) has issued a draft circular for public comments regarding the requirement of a separate report on digital assurance for financial statements. This ...

The GST Act prescribes specific time limits within which orders for raising demands under Sections 73 and 74 must be issued. Additionally, the Act allows the issuance of orders under various other ...

Budget introduces significant amendments to the CGST Act, 2017. The definition of Input Service Distributor (ISD) under Section 2(61) is revised to facilitate ITC distribution for inter-state supplies ...