27 May India’s Economic Growth to Maintain Momentum in Q1 FY 2024-25: Finance Ministry
Learn about the anticipated increase in India's merchandise exports for the first quarter of FY 2024-25. ...
May 2024
25 May Challenges in Exercising the Right to Cross-Examine
Learn about the fundamental role of cross-examination in legal processes, including its significance in both criminal cases and taxation matters, and how taxpayers can assert this right to ensure fair treatment. ...
25 May CBDT notified “363” as Cost Inflation Index (CII) for the F.Y 2024-25
The CBDT has set the new Cost Inflation Index for the fiscal year 2024-25. ...
25 May India mulls GST relief for foreign airlines; fitment committee to review
India considers GST exemption for services between airline HQs and branches, offering tax relief. Final decision pending fitment committee review....
25 May Implementation of labour codes, lower GST rate can help in formalisation of India’s workforce: ISF report
Discover why immediate implementation of labour codes is vital for India's workforce formalization and economic growth. ...
24 May Demand of ITC on the Basis of GSTR-2A and GSTR-3B Mismatch
Learn how to navigate ITC claims in GST amidst GSTR-3B discrepancies. Gain insights from Madras HC rulings....
24 May CESTAT Issues Circular on No Adjournments for Pre-2018 Appeals
Discover how CESTAT's latest circular expedites resolution of appeals filed before 2018. No adjournments. Read now!...
24 May The Onus is on the Assessee: A Legal Perspective
Discover the burden of proof in taxation matters and the pivotal case of Roshan Sharma v. Assistant Commissioner. Ensure fairness in tax adjudication....
24 May Service Tax Payable Under Reverse Charge: A Case Analysis
Explore Maruti Suzuki case insights on service tax under reverse charge. Understand the impact on reimbursable expenses....
24 May HC rejects appeal over reversal of input tax credit on fraudulent supplies
Ruling highlights strict adherence to GST laws, invalidating ITC claims on fraudulent supply transactions. ...