At the time of penning this, the COVID-19 crisis is increasing exponentially all over the world. Global leaders and organizations are doing their best to manage this crisis. Even so, the boundaries are getting severely stretched. However, it is not just a macro crisis that needs to be handled at a global level.
News & FAQs | By ALOK PATNIA | Last updated on Mar 26, 2018
Indian companies fear that input tax credit claimed for GST paid on raw materials may be disputed by tax officials later and are consider...
News & FAQs | By ALOK PATNIA | Last updated on Mar 23, 2018
Proprietary businesses, LLPs and HUFs, which took registration under GST between October 2016 and June 2017, have come under the scanner ...
News & FAQs | By ALOK PATNIA | Last updated on Mar 23, 2018
All kinds of representations received from the trade and industry (including start-ups) regarding GST rates on services have been deliber...
News & FAQs | By ALOK PATNIA | Last updated on Mar 23, 2018
The state anti-corruption bureau (ACB) on Wednesday arrested a class-I officer of the goods and services tax (GST) department for alleged...
News & FAQs | By ALOK PATNIA | Last updated on Mar 22, 2018
While a substantial number of income tax payers may have cleared their income tax (I-T) liability for the assessment years 2016-17 and 20...
News & FAQs | By ALOK PATNIA | Last updated on Mar 22, 2018
Telecom operators including Bharti Airtel, Vodafone India, Idea Cellular and Reliance Jio Infocomm have been served notices for exaggerat...
News & FAQs | By ALOK PATNIA | Last updated on Mar 21, 2018
The Delhi High Court has sought response of the Centre and the Goods and Services Tax (GST) Council on a Bajaj Auto dealer’s plea c...
News & FAQs | By ALOK PATNIA | Last updated on Mar 21, 2018
With only 16 per cent of the summary sales returns under GST matching with the final returns, the revenue department has started to anal...
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Nov 22, 2019
In order to check “frivolous and fraudulent” tax credit claims by businesses, the CBEC has decided to verify demands of top 5...
Advisory, Tax and Regulatory Compliance in India, Singapore and USA is proudly powered by WordPress