Dealer incentives like tour packages are taxable as business income under the new law. If TDS is...
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The issue was deletion of additions on unsecured loans treated as unexplained cash credits. The tribunal upheld...
The new law defines strict conditions for reopening assessments using specified information categories. It ensures transparency and...
The issue concerns denial of ITC to bona fide buyers based solely on supplier tagging and analytics....
The issue was whether arbitral award damages and settlement terms constitute “supply” under GST law. The Court...
The authority held that arranging transport for employees is a welfare activity, not a business supply. Nominal...
The issue concerned GST liability on electricity supplied through a solar power plant. The AAR held that...
The issue involved classification of a fan drive assembly used in vehicle cooling systems. The AAR held...
The Finance Act, 2024 has inserted a new section, 194T, for TDS deduction by partnership firms/Limited Liability...
The framework outlines mandatory disclosures and timelines for opting into safe harbour. Key takeaway: strict compliance is...