• GST

Clarification on GST rates & classification of goods as per GST Council 53rd meeting 

1 year ago

Clarification regarding GST rates & classification (goods) based on the recommendations of the GST Council in its 53rd meeting  Circular…

  • GST

Clarifications on applicability of GST on certain services as per 53rd GST Council meeting

1 year ago

Clarifications on applicability of GST on certain services as per 53rd GST Council meeting Circular No.  228/22/2024-GST F. No. CBIC-190354/94/2024-TO(TRU-11)-CBECGovernment…

  • Income Tax

Merely increasing/ reducing agriculture expenses/ income not result in taxable income

1 year ago

Merely increasing agriculture expenditure & reducing agriculture income will not result in income from other sources - ITAT In a…

  • GST

Not generating e-Tax Invoice before movement of goods was human error – High Court

1 year ago

Not generating e-Tax Invoice before movement of goods was human error in absence of finding of mens rea - High…

  • Companies Act

MCA notifies Companies (Incorporation) Amendment Rules 2024

1 year ago

Companies (Incorporation) Amendment Rules 2024 Government of IndiaMinistry of Corporate Affairs Notification New Delhi the 16th July, 2024 GSR...(E )-…

  • Companies Act

Period of 45 days for reporting MSME overdues from date of acceptance of goods/services-MCA

1 year ago

Period of 45 days for reporting MSME over dues to be calculated from the date of of acceptance or deemed…

  • Income Tax

Expenses on making house habitable not renovation, exemption u/s 54 allowed

1 year ago

Expenses for making house habitable are not renovation expenses and hence qualified for exemption u/s 54 In a recent order,…

  • Income Tax

Depreciation on revalued cost of assets after conversion of firm into company upheld

1 year ago

Claiming depreciation on revalued cost of assets after conversion of partnership firm into company Supreme Court dismissed Special Leave Petition…

  • GST

GST Exemption on various services provided by Railways & Accommodation Services

1 year ago

Exemption from GST on various services provided by Railways & Accommodation Services MINISTRY OF FINANCE (Department of Revenue) Notification No.…

  • GST

Agricultural farm produce supply taken out of GST on ‘pre-packaged and labelled’

1 year ago

Supply of agricultural farm produce in package(s) of more than 25 KG/litre shall not be considered supply of ‘pre-packaged and…