We all know that there are multiple legal steps in place for a Businessman & Corporates, whether big or small, to take when there is a need.

M/s. Brand Equity Treaties Ltd & many other judgments have allowed transitional ITC inspite of non-filing/incorrect filing of FORM GST TRAN-1 on the following grounds:

Interest is compensatory in character and is imposed on a registered person who has withheld payment of any tax as and when it is due and payable.

Indirect tax in construction industry is an age old concept which has deep roots thereby testing it applicability at regular intervals.

ccordingly, all such persons who could not transit their ITC into the new GST regime for whatsoever reason knocked the doors of the courts across the country.

In today's time, neither Goods and Services Tax (‘GST') nor accounting under IND AS is novel and though most of the principles under both the concepts are aligned but still there are notable differences.

With effect from 16.06.2005, service tax was levied on club or association services. The term "club or association" means any person or body of persons providing services, facilities or advantages, for a subscription ...

Recently, Government notified special procedure under GST Laws for those registered persons who are Corporate Debtors under Insolvency and Bankruptcy Code, 2016 w.r.t. registration and availment of Input Tax Credit ...

A King/Ruler is the one who creates and acquires wealth, protects and distributes it for common good – is the opening statement for Part B of the Budget Speech.

1. Recently, Prime Minister Shri. Modiji had announced the "Atmanirbhar programme" which aims to create enough local production to meet local demand.