The Madras High Court held that letters issued to customers before determination of tax liability could not be used for recovery action. The Court ruled that such communications were invalid in the ...

Retrospective tax liability has returned to haunt Indian businesses, this time through the Supreme Court upholding the ...

The Court clarified that the GST is levied on the occurrence of a taxable supply and not on the profits earned by the supplier; therefore, the moment the bet is placed either directly or by purchasing ...

Casino chain Delta Corp on September 22 informed the stock exchanges that it has received intimations from the Directorate General of GST Intelligence, Hyderabad for payment of shortfall tax under GST ...

Small transport operators owning up to 10 goods vehicles can avail presumptive taxation, TDS exemption, and reduced compliance requirements under the Income Tax ...

Businesses may eventually have to file returns largely based on invoices uploaded by suppliers, with limited scope for manual changes.

Kolte-Patil Developers said it has received intimations under the CGST/MGST Act, 2017, from the Maharashtra state tax ...