No GST leviable on salaries paid to expat employees for services rendered by them to Indian office of foreign company
Where applicant, a foreign company, has entered into a contract with one…
Buy Back Of Shares By Unlisted Company – Tax Efficient Tool
Buy-Back is one of the important provisions in the Companies Act, 2013,…
Global Income Of All Indian Citizen Exempted? A Critical Analysis Of Deemed Residency – Section 6
The issue of stateless persons has been bothering the tax world for quite some…
Comparison Between CARO 2020 & CARO 2016
Companies (Auditor’s Report) Order 2020 (CARO 2020) has been notified by MCA,…
Companies Fresh Start Scheme, 2020 (CFSS-2020)
The Companies Act, 2013 requires all the companies to file Annual Return…
Equalisation Levy: An Essential Legislative Reform To Prevent Tax Evasion By Foreign E-commerce Entities
Finance Act, 2020 has made several amendments in the Finance Act, 2016. The…
Vivad Se Vishwas: ITAT President Lauds Scheme, CBDT Chief Invites Suggestions For Improvement
On behalf of the ITAT Bar Association, Mumbai, Advocate Shri Hiro Rai, President…
Finance Ministry issues Taxation and other Laws (Relaxation of Certain Provisions) Ordinance, 2020
In order to give effect to the announcements made by the Union…
Notifications and Circular issued to provide relief to taxpayers in view of spread of Novel Corona Virus (COVID-19)
The Central Government vide Notification No. 30/2020- Central Tax dated 3rd April 2020 has made…
Advisory on Opting-in for Composition Scheme for 2020-21 – Extension of Dates in view of COVID-19 pandemic
Team GSTN has issued the following advisory for Composition Scheme dated 07th April,2020 as…
Analysing MCA’s framework for conducting members’ meetings through audio-visual means
Under the Companies Act, 2013 (the Act), there is a provision for…
Beauty and Make-Up Preparations- Classification can turn Ugly
“A rose by any other name smells just as sweet”. Unfortunately, this…
Competent Authority to release detained goods & vehicle on payment of tax amount by the assessee
Where Competent Authority detained goods of assessee in transit and vehicle and…
Dealer of GST levied goods can make inter-State purchase of non-GST goods at a concessional rate under the CST Act
The Applicant being a dealer of GST leviable goods such as Cement,…
Various relaxations in GST due to COVID-19 pandemic
Recently, changes have been made vide CGST Notifications dated 23-3-2020 and 3-4-2020,…
Forwarding copy of notice to assessee after effecting recovery proceedings couldn’t be held as legal
Mere forwarding of a copy of notice, after effecting recovery, will not…
Operation Clean Money (OCM)/Demonetisation Cases & Vivad Se Vishwas Scheme 2020
To break the grip of corruption and black money, we have decided…
HC directed AO to grant refund as there was no reason forthcoming from him for delayed processing of ITR
Where no reason was forthcoming from revenue for delay in processing refund…
Govt. issues ordinance to cut salaries of MPs by 30% to meet exigencies arising out of Covid-19 pandemic
The Govt Has issued ordinance to amend salary, Allowance & pension of…
GST Authorities to open sealed godown until it had reasons to believe that goods stored were liable for confiscation
Where applicant had given his godown on rent to five dealers and…