Section 7(1)(aa) & 2(17)(e) of the Kerala GST Act, insofar as they introduce a levy on activities or transactions between members and their constituents or vice versa, have been held to be ultra vires
ITC reversal of common ITC u/s17(2) required in relation to activity of subscription and redemption of mutual funds
Purchase of an under-construction immovable property from a company under liquidation would not constitute a supply
Apex Court upholds the arrest provisions under Customs and GST with emphasis on the need for procedural rigor and fairness to exercise such powers
Key reforms introduced under the International Financial Services Centre Authority (Fund Management) Regulations, 2025
CBDT Issues Guidance on the application of Principal Purpose Test (PPT) under Tax Treaties
SC holds that loss on capital reduction is allowable -Capital reduction akin to extinguishment or relinquishment and thus results in transfer of shares
IFSCA ISSUES NEW DIRECTIONS FOR OPERATION OF FOREIGN CURRENCY IN IFSC ACCOUNT OF RESIDENT INDIVIDUALS UNDER LRS
Special Bench ruling on applicability of TP provisions to transactions between Foreign company and its branch in India
Kerala High Court quashes GST demand over inadvertent credit reporting error, emphasizing no revenue loss
