In a major decision, the Madras High Court ruled that Sections 73(9), 74(9), and 76(3) of the GST Act do…
ITAT confirms that JDA income is considered business income
The Revenue Tax Appellate Tribunal (ITAT), Bangalore upheld the revision judgment made by Section 263 of the Income Tax Act…
India is considering increasing the import tariff on palm oil
MUMBAI/NEW DELHI, Oct. 18 (Reuters) – India, the world’s largest importer of vegetable oils, is reportedly considering raising import tariffs…
Are you thinking about giving NFTs, cryptocurrencies, or VDAs this Diwali? Here is all you need to know about taxes, as well
Festivals and giving go hand in hand, and the festivities are made even more joyful and rewarding when we offer…
GST on packaged parathas is 18%: Gujarat Appellate AAR
The 18% Goods and Services Tax (GST) is applicable on parathas, according to the decision of the Gujarat Appellate Authority…
Investing in NPS has several tax benefits
The tax benefits that the National Pension System (NPS) provides to its members are only one of the many perks…
Exporters worry about a cash crisis after the GST exemption expires
Exporters are asking for reconsideration after the government’s decision to end the GST exemption on export freight at the beginning…
Income Tax Update: CBDT publishes FAQs on Form 27C filing
The income tax department has produced a series of Frequently Asked Questions (FAQ) about the filling of form 27C as…