Landmark Supreme Court judgments concerning homebuyers' rights are safeguarded Chitra Sharma v. Union of India: discusses the inclusion of homebuyers as financial creditors under the Insolvency and Bankruptcy Code following the June 2018 Ordinance. Covers the challenges faced by homebuyers in stalled rea...
Unlike in that case, there was evidence of a pre-existing framework between the Trust and the legal service providers under which the Trust was liable to make payments to the legal service providers as consideration for services provided to the beneficiaries. The engagement with the legal services...
Appeals under GST and dispute resolution mechanisms are provided under the GST Act to resolve disputes and enforce compliance with the GST laws. In case of any legal disputes, wherein the person involved is not happy with the decision passed on by a lower court, the person can raise an appl...
Broadly, the GST laws allow only one business registration against a GST number or GSTIN. However, most people ask- Ca Read More 01 Jan 1970Posted By: E-StartupIndia How to deal with overdue GST liability in case of liquidation of business? Unquestionably, the realm of indirect taxes ...
GST Registration- Latest Changes and Issues Involved With Case Laws Dec 27, 2024 Rectification of Mistake - An Analysis of Section 154 of I.T. Act, 1961 Dec 18, 2024 Common Issues in Filing GSTR-9 for F.Y. 2023-24 Dec 18, 2024 ...
Broadly, the GST laws allow only one business registration against a GST number or GSTIN. However, most people ask- Ca Read More 01 Jan 1970Posted By: E-StartupIndia How to deal with overdue GST liability in case of liquidation of business? Unquestionably, the realm of indirect taxes ...
The Supreme court provides the notice to the central government on the appeal asking to plug existing loopholes inside the GST system, that leave out the entities like Google, Amazon, Facebook, etc. from the tax net, which makes a big loss to the exchequ
The legal validity of SLB was discussed by the U.S Supreme Court in the landmark ruling of Frank Lyon and Company[1]. In Frank Lyon’s case the bank took the building on SLB. Under the lease terms the bank was liable to pay rentals periodically and had the option to purchase the bu...
The Supreme Court rightly noted that several sections in the state GST laws, CGST and in IGST, cast a duty even on dissenting states to issue notifications to implement the recommendations of the GST Council. Observations on federalism Delving into legislative history, the court ruled that a draf...
One of the major steps to curb false/fraudulent claims of input tax credit was initiated under Goods and Services Tax regime by introducing a procedure to reverse the amount of input tax credit availed within 180 days in case no or part payment is made t