Settle past disputes & then move to GSTBy Madhukar N Hiregange, CA & K S Naveen Kumar, AdvocateA. Prelude:THERE are many disputes pending in the present indirect tax laws (both Central and State laws), which are at various stages viz., adjudication o ..
Registration process under Goods and Service Tax (GST) A. Prelude:The success of GST would depend to a large extent on a robust GST Network as it will be the medium of sharing information between t ..
Payments under GST - Business Process - By CA Madhukar N Hiregange & Adv. Naveen Kumar K S Introduction:The Joint Committee has submitted its report on various business processes in April 2015 and it was made public in October 2015. The report on ..
The write up is based on an old Supreme Court Case in the name of Commissioner of Income Tax, Patiala Vs RB Jodha Mal Kuthiala AIR 1966 SC 1433. The statute concerned is Income Tax Act, 1922 as amended by Income Tax (Amendment) Act, 1939 (1939 Act).F ..
Media reports and press statements by Government Officials seem to suggest that the Union Government is keen to introduce Goo ..
Prelude: Export refunds are often a subject matter of dispute and bone of contention between the exporter and the tax department in the context of indirect ..
Goods and Services Tax (GST) being implemented, is held out to be the biggest tax reform in India since independence. As an entrepreneur, I find it a complete farce and colossal waste of opportunity while still incurring huge cost of implementation t ..
�Hey Niraj, am back to seek your help again� said Uncle Shrikant to his nephew Niraj Desai.�Completely my pleasure uncle, please tell me, how can I be of help to you.� Said NirajShrikant: As you know, my younger son, Aakash is ..
IntroductionThere exists proverb in English �Once bitten, twice shy�. This proverb doesn�t hold well in case of Indian tax system. After facing the Backlash from the international investors in case of Vodafone retrospective case whi ..
INTRODUCTION There has been so much euphoria with regard to Indian E-commerce story and is on track to become the world�s fastest growing e-commerce market. This growth story is being driven by robust investment activity by VCs, Angels and the ..