Team Counselvise

In recent months, consumers across India have noticed a steady increase in the prices of sin goods such as cigarettes, tobacco and pan masala. This has naturally led to questions: Has GST increased? Why are prices rising...

Over the last few weeks, income-tax demands dating back 15–20 years have suddenly started appearing on the Income-tax portal. As a Chartered Accountant, it’s important to separate portal disclosure from legal enforceability. What Is Actually Happening? These...

The Ministry of Corporate Affairs (MCA) has amended Rule 12A of the Companies (Appointment & Qualification of Directors) Rules, 2014. Annual DIR-3 KYC filing has been replaced A simplified KYC intimation once every three years will...

Navigating GST compliance in India becomes especially risky when goods are on the move. The e-way bill (EWB), mandated under Rule 138 of the CGST Rules, is not merely a procedural formality—it is a...

What Happened? The Institute of Chartered Accountants of India (ICAI) has issued accounting clarifications stating that any incremental gratuity and leave encashment liability arising from the new labour codes must be recognised immediately as an...

For years, solar EPC contracts were stuck in a GST grey area of 5% or 18%? That uncertainty has now been put to rest. In Sterling and Wilson Private Limited vs. Joint Commissioner (2025)...

ITAT’s Landmark Ruling in the eBay Singapore–Flipkart Case At the heart of the dispute was whether India can tax ₹22,257 crore of capital gains merely because the underlying business relates to India, even when the...

Facts of the case:  The petitioner, Alstom Transport India Limited (“Alstom India”), operates in infrastructure projects (railways/metro), including design, manufacturing, installation and services.  Between July 2017 and March 2023, employees from the company’s overseas group entities were “seconded” to work in India....