FICCI, Assocham seek input tax credit under CGST on commercial properties meant for leasing purposes
The associations have written letters to the finance ministry and have urged the latter to permit availing of the ITC where ...
money.rediff3d
FICCI, Assocham Seek ITC on Leasing Properties: Impact on Real Estate
FICCI and Assocham urge the Indian government to allow input tax credit (ITC) for commercial properties built for leasing, ...
Bajaj Electricals receives demand of Rs 14.08 crore from GST authority in Punjab
The company has received an assessment order dated February 20, 2025, from the Office of the Assistant Commissioner, Mohali, ...
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Controversy Over Input Tax Credit in Real Estate Leasing
FICCI and Assocham urge the finance ministry to allow Input Tax Credit (ITC) for real estate developers on commercial assets ...
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GST Department Asks HDFC, ICICI To Attach Awfis’ Bank Accounts GST Department Asks HDFC, ICICI To Attach Awfis’ Bank Accounts
The GST department has asked HDFC Bank and ICICI Bank to provisionally attach the operative bank accounts of Awfis over ...
Live Law3d
Benefit Of Input Tax Credit Can't Be Reduced Without Statutory Sanction : Supreme Court
The Supreme Court recently held that Rule 21(8) of the Punjab Value Added Tax Rules, 2005, which was notified on January 25, ...
Tax Guru13d
ITC Refund Challenges for Exporters with Cancelled GST Registration
ITC Refund Challenges for Exporters Who Cancel Their GST Registration A Case Study on GST Procedural Hurdles and System Limitations Sri Shanmuga Hardwares ...
Input tax credit removal set to hit commercial realty companies
Availability of ITC on construction costs has been restricted retroactively from July 1, 2017, impacting commercial real ...
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Transferable tax credits to catalyze $3.8 trillion in U.S. economic activity
A Crux 2024 market intelligence report expects the tax credit market to play a pivotal role in meeting the increasing demand ...
Min panel may propose 5% GST with ITC benefit on term plans
A ministerial panel is considering a 5% GST with input tax credit on term insurance plans. The panel, headed by Bihar deputy ...
Mumbai: State GST Department Orders HDFC, ICICI To Attach Awfis Bank Accounts Over ₹4.42 Crore Excess ITC Claims
The orders issued Mumbai’s joint commissioner of state tax directing the banks to attach the accounts of Awfis making excess ...