Expert Knowledge,
Straight from Practitioners.
Tax tips, legal guides, and financial advice written by the same verified CAs, Advocates, and Advisors you can consult on ConsultEase.
“High Court Grants Mercedes-Benz Interim GST Relief”
In a recent development, the Bombay High Court has granted an interim stay on the demand for GST dues on expatriate salary payments by Mercedes-Benz, providing a temporary relief to the auto giant. This decision, handed down by a Division Bench comprising Justices G.S. Kulkarni
“Unlocking Tax Relief: OTS & ‘Mera Bill’ Drive for Ludhiana Residents”
In a bid to ease the tax burden on residents and facilitate smoother transactions, the taxation department of the state government has launched a comprehensive awareness campaign promoting its one-time settlement (OTS) scheme for GST payments and the innovative ‘Mera Bill’ app. Officials within the
“Valuation Report Disclosure Debate in Insolvency”
In a recent ruling by the National Company Law Appellate Tribunal (NCLAT) in the case of Kineta Global Ltd. v. IDBI Bank Ltd. & Ors., the issue of disclosing valuation reports to prospective resolution applicants has stirred debate within the legal and financial community. The
Bombay High court stayed the order demanding tax on Expat Salary
Expat salary is under the lanses of Department. The supreme court already decided in a the case of Northern Operating Systems Private Limited (NOS). In this case the amount was deemed to be service and was made taxable. After this judgment GST dept started ending
CA Shafaly GirdharwalFeb 9, 2024Haryana Government Appoints New VAT Tribunal Members
The Haryana government has taken a significant step in bolstering its administrative infrastructure with the appointment of new members to the Value Added Tax (VAT) Tribunal. In a recent notification dated February 6, 2024, issued under Notification No. 04/19290-ET-4-2023/600, the state government announced the appointment
“Streamlining GST: The QRMP Scheme Explained”
1. Introduction to the QRMP Scheme The Quarterly Returns with Monthly Payment (QRMP) Scheme is designed to streamline GST compliance for eligible taxpayers, allowing them to submit Form GSTR-1 and Form GSTR-3B returns quarterly while making monthly tax payments through a challan. 2. Eligibility Criteria
If tax paid is more than ITC , 13(1)(f) will not apply
The Allahabad High Court ruled on a case involving the interpretation of Section 13(1)(f) of the Uttar Pradesh Value Added Tax Act, 2008 (UP VAT Act). This section pertains to the conditions under which input tax credit can be claimed by a
DRI seized 83.352 MT of Areca Nuts
The Directorate of Revenue Intelligence (DRI) recently made a significant breakthrough in its ongoing efforts to combat smuggling activities targeting India’s domestic industries. In a meticulous operation, DRI officials seized a substantial cache of Areca Nuts that were being smuggled into the country using a
SCN demarcates boundary within which officer exercise power
Show Cause Notice demarcate the Boundary within which authority to exercise power, crossing such limit would undermines the rule of law and public trust. No action to be taken beyond SCN. Hon’ble Allahabad High Court in case of M/s Associated Switch Gears and Projects Ltd
CA Rachit AgarwalFeb 8, 2024“Supreme Court Upholds Bail Denial in UAPA Case: Delay Not a Deciding Factor”
Background: The Supreme Court denied bail to a man charged under the Unlawful Activities (Prevention) Act, 1967 (“UAPA”) for allegedly promoting the Khalistani terror movement. The appellant had been in jail for over 5 years, with only 19 out of 106 witnesses examined during this
“Flipkart Triumphs: Supreme Court Greenlights Rs. 6.6 Cr VAT Refund”
“Supreme Court Upholds Delhi High Court Order, Grants Flipkart Rs. 6.6 Cr VAT Refund” The Supreme Court recently affirmed a significant decision by the Delhi High Court, allowing e-commerce giant Flipkart Pvt Ltd to claim a refund of Rs. 6.6 crore under the Delhi Value
“High Court: Chanda Kochhar’s Arrest Illegal”
Bombay High Court Declares Arrest of Chanda Kochhar and Husband Illegal in ICICI Bank – Videocon Loan Fraud Case In a significant development, the Bombay High Court has ruled the arrest of former ICICI bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar