The Budget adeptly strikes a harmonious balance between the nation's aspirations for growth and the imperative of fiscal prudence.

The Himachal Pradesh High Court has granted interim relief to the assessee in a case where the Revenue department had alleged that the supply of free electricity/power @12%...

The Madras High Court has delivered a significant ruling on the constitutional limits of the GST Council's authority, specifically addressing whether this body possesses the power to ratify notifications issued by the Central Government under the CGST Act. The judgment examines the scope of powers available to constitutional and statutory bodies, establishing critical precedents for tax administration in India.

As per the fresh directions issued by the CBIC vide Notification no. 62/2020, businesses willing to register under GST can choose to opt for Aadhaar authentication, in the absence of which registration would be granted ...

Recently, before the Delhi Bench of Income-tax Appellate Tribunal an additional ground was raised for applying Tax Treaty rate for Dividend Distribution Tax (DDT).

Since November 2019, we have been sharing quarterly updates on indirect tax developments in the form of an e-Bulletin. We thank you for your continued support to our initiative.

The Andhra Pradesh High Court has held that the interest and penalty, recovered by a foreman, in relation to default in payment of installments...

Observing that statutory provision contained in the principal legislation that is Section 74(5) of the CGST Act, 2017, is mandatory, the Allahabad High Court has held that the use of the word ‘may’ in Rule 142(1A)...

The GSTN (Goods and Services Tax Network) Team issued an update on the GST Portal on 16 May 2024, stating that the facility of Form GST SRM-I, pertaining to details...

To decode the tax fine-print, a seminar on Union Budget, 2020 was organized by Vaish Associates Advocates in conjunction with Taxsutra on Tuesday, February 4, 2020 at Hotel ‘Le Meridien', New Delhi.

As infrastructure takes center-stage in the Indian growth story, InvITs are increasingly seen as tax optimized monetization vehicles. InvITs, once introduced as a bond proxies, are now no longer mere annuity products.

The Supreme Court has ruled on whether the assembly of imported photocopier modules in warehouses constitutes 'manufacture' under the Central Excise Act, examining the distinction between customs duty classification and excise duty liability. This case addresses the critical question of when simple assembly operations cross the threshold into manufacturing activity for tax purposes.

The GSTAT Bench at Thane has dismissed Revenue department’s appeal filed against the appellate authority’s decision allowing exemption under Sl. No. 9 of Notification No. 02/2017-CT(R) to the assessee who was using manufacturer’s name...

The Gujarat High Court has held that Rule 96(10) of the Central Goods and Services Tax Act, 2017 would stand omitted prospectively but would not be applicable...

The Central Board of Indirect Taxes and Customs had issued Circular No. 159/15/2021- GST dated September 20, 2021, incorporating significant clarifications relating to scope of "Intermediary"...

We are pleased to present the latest edition of Tax Street – our newsletter that covers all the key developments and updates in the realm of taxation in India and across the globe for the month of October 2019.

The Supreme Court of India in the case of Assessing Officer vs. M/s Nestle SA and Others, elucidated law relating to applicability of the Most Favoured Nation clause in the protocol(s) for availing benefit of a DTAA ...

In an attempt to curb tax evasion and avoid tax leaks, the government introduced GAAR (General Anti-Avoidance Rules) with effect from 01 April 2017.

In this video Mr. Ashutosh Rastogi, a founding partner at Amicus Services which has secured several awards for taxation, discusses the transfer pricing policy making exercise.

The Delhi High Court has on 16 November 2023 observed that the Tax Research Unit (TRU) of the Ministry of Finance has not been clothed with the authority or jurisdiction to render...