Input Tax Credit is Not Restricted if the Construction of Premises Satisfies the Functional Utility Test and is Germane to Business In the case of Chief Commissioner of Central Goods and Services Tax ...
Rajasthan High Court has denied bail to Vineet Jain, who was arrested for allegedly availing Input Tax Credit (ITC) worth ₹10.87 crores using fake invoices and manipulated transport documents. The ...
Availability of ITC on construction costs has been restricted retroactively from July 1, 2017, impacting commercial real estate companies. This amendment overturns a Supreme Court judgment ...
Global mining conglomerate Vedanta Ltd was hit with Goods and Services Tax (GST) penalties of Rs 141.36 crore for alleged ineligible Input Tax Credit (ITC ... the Bombay High Court had Bombay ...
Global mining conglomerate Vedanta Ltd was hit with Goods and Services Tax (GST) penalties of Rs 141.36 crore for alleged ...
The Gujarat High Court on Thursday (February 6) dismissed the regular bail plea of journalist Mahesh Langa in an alleged case ...
In the Union Budget , government proposed to clarify that commercial properties used for leasing purposes are not eligible ...
The government's retrospective amendment to the Finance Bill 2025 overrides the Supreme ... Retreats judgment, implying that tax demands previously dropped may now be reinstated and fresh liabilities ...
The Government may reverse the impact of the judgment of the Supreme Court ... 18% GST on insurance premiums makes health and life insurance expensive, affecting affordability. This high tax ...