Today, the Department of Finance released for public comment draft legislative proposals (and related explanatory notes) that would implement Budget ...

The GST department has asked HDFC Bank and ICICI Bank to provisionally attach the operative bank accounts of Awfis over ...

The company has received an assessment order dated February 20, 2025, from the Office of the Assistant Commissioner, Mohali, ...

Bajaj Electricals has been issued a Rs 14.08 crore GST demand by Punjab authorities for alleged ITC mismatch. The company is ...

This is in relation to the violation of excess input tax credit (ITC) of Rs 4.42 crore, which the company claimed in GSTR – ...

The order comes in the wake of an excess input tax credit claim by the company. Awfis Space Solutions says it initially ...

5. The aforementioned decision elucidates that Section 73 of the GST Act is attracted only when tax has not been paid or when there is a short payment or when any amount has been erroneously refunded, ...

Please note Section 16 (2) (c) of the CGST Act, 2017, which governs ITC eligibility, has become a major source of contention, particularly concerning supplier defaults. This section stipulates that ...

Mumbai has asked HDFC Bank and ICICI Bank to provisionally attach the operative bank accounts of coworking space provider ...

ES Foundry CEO Alex Zhu explains why a heated litigation landscape makes PERC a safer bet than TOPCon for US cell ...

FICCI and Assocham urge the finance ministry to allow Input Tax Credit (ITC) for real estate developers on commercial assets ...