II. RCM will not apply where cost of fuel is not included in consideration Cases where cost of fuel is not included in ...

ITAT Kolkata held that notice under section 143 (2) of the Income Tax Act issued in in violation of CBDT instruction no. F.No ...

ITAT Delhi held that loose papers cannot be considered as admissible evidence for making an addition unless backed by ...

𝗘𝘅𝗮𝗺𝗽𝗹𝗲 𝟭: If INR 1,00,00,000 valuation is pre-money, then post-money valuation will be INR 1,25,00,000 (INR 1,00,00,000 + INR 25,00,000). Whereas the stake of Mr. X will be 20% (INR 25,00,000 ...

Form 11 is the annual return that every LLP must file with the Registrar of Companies (ROC) within 60 days from the end of the financial year — i.e., on or before 30th May each year. It is a ...

The E-Way Bill system is a critical compliance mechanism under GST. It facilitates smooth transport of goods while ensuring transparency and traceability. Businesses must adhere to the E-Way Bill ...

The petitioner in the case is a company engaged in the manufacture of electronic goods and accessories, operating as a registered EOU under the GST Act. A key aspect of the petitioner’s business model ...

GST on Sale of Capital Goods: Section 18 (6) of the CGST Act, 2017 and Rule 44 (6) of CGST Rules, 2017 ...

Allahabad High Court held that the Commercial Court was justified in rejecting the plaint as well as injunction application, as the suit was barred under Section 34 of the SARFAESI Act. The bar of ...

1. Foreign Tax Credit (FTC) is a mechanism to provide relief to the taxpayers to claim credit in India for the taxes paid in overseas country on the doubly taxed overseas sourced income (i.e., taxed ...

Patna High Court held that notice must be supported by reasons. Accordingly, since notice issued under section 148 of the Income Tax Act is not supported by reasons the same is liable to be quashed.

Heabal India Incorporation, had approached the AAR to determine the correct classification under the GST tariff and the ...