Disallowance of Transitional Credit on Capital-Goods ‘In-Transit’ Constitutionally Valid
In the case of RSPL Ltd. vs. Union of India [(2018) 98 taxmann.com 441 (Gujarat) decided on 16.10.2018], the question […]
Home Buyer Ought Not to be Allowed to Reap Benefits of their Own Delay in Taking Possession
The Hon’ble Supreme Court of India (“SC”) in the case of M/s Suptertechv. RajniGoyal[Civil Appeal Nos. 6649-50 of 2018decided on […]
Updates
Conditional Gifts are Incomplete until Conditions are Complied With
The Hon’ble Supreme Court (“Court”), in arecent case of Sarojini Amma vs. Velayudhan Pillai Sreekumar [Civil Appeal No. 10785 of […]
Updates
Can Corporate Insolvency Under the Insolvency and Bankruptcy Code 2016 be Triggered by a Time-Barred Debt?
Section 238A of the Code was inserted by the Insolvency and Bankruptcy Code (Second Amendment) Act 2018 (“Amendment Act”) w.e.f. […]
Taxability of Grant, Subsidy or Any Assistance
Often we hear that fate of our country, India lies in growth of its economy. Indian government in order to […]
GST on Personal Guarantee by Directors for Loan of Company
In general trade parlance, directors of the company executes personal guarantee for term loan and cash credit facilities enjoyed by […]
A Bill to Ensure the Return of the Prodigal Sons?
In the face of dwindling economic stability and its cascading effects, the Parliament has passed the Fugitive Economic Offenders Bill […]
Resolving the conundrum of Transitional Credit of Krishi Kalyan Cess in GST
One year has passed since the transition from VAT/Service Tax regime to the GST regime, however, the issues in respect […]