The Delhi Goodsand Services Tax (DGST) Department has issued a significant clarification regarding the availability of Input Tax Credit (ITC) in cases involving the supply of goods under ex-works contracts. The clarification…
Attention taxpayers, there is now a new update in the Income Tax Portal. For registering PAN on the Income Tax portal, Aadhaar One-Time Password (OTP) verification is now compulsory. …
If you’ve ever hired a lawyer or paid legal consultancy fees in India, you may have wondered: “Is GST applicable to legal services?” This is a question that confuses not…
We are all well familiar with the concepts of income and income tax, even if not in their full-length legal details but at least in everyday terms. So, naturally the…
The rising conflict between Israel and Iran is not just a regional crisis, but it’s a global economic shockwave. India is not directly involved, but the country faces serious economic…
The Central Bureau of Investigation ( CBI ) made an important discovery in its ongoing anti-cybercrime campaign, Operation Chakra-V, by dismantling an international cyber fraud gang and seizing ₹2.8 crore worth of cryptocurrencies and…
INTRODUCTION In recent years, several High Courts have dealt with cases where GST demand notices were issued in the name of individuals who had already passed away. Despite clear communication to…
Corporate restructuring is a potent tool for businesses looking to expand, become more efficient, and increase shareholder value in the fast-paced world of business. Mergers and demergers are two of…
With technology and artificial intelligence dominating every other industry, tax is no exception. The sector of taxation, which is highly dependent on accuracy and documentation, is changing quickly due to…
If we take a peek at history, enforcing tax compliance was never an easy task. Even Chandragupta Maurya needed Kautilya to write Arthashasthra so that the king could get tips…