Assignment of Leasehold Rights Equals Sale of Land, Not Liable to GST : Gujarat HC Rules

Issue involved Whether assignment of leasehold rights qualify as supply of services for the purpose of levy of GST? Facts of the case The Gujarat Industrial Development...

Cadbury’s ₹320 Crore Tax Dispute: When Marketing Meets Transfer Pricing

When we think of Cadbury, the first thing that comes to mind is the purple wrapper and the tagline “Kuch Meetha Ho Jaaye.” But...

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E-way Bill

Electronic Way Bill is a unique document which is system generated or generated electronically for consignment of goods from one place to another. It...

Impact of COVID – 19 on Real Estate Sector

The sudden outbreak of COVID-19 has pushed the world into deep financial and economic crises. Challenges faced by the world are increasing day by day spanning...

Cash Deposit during Demonetisation period

It was 8 pm on the 8th November when heartbeat of every Indian skipped a beat because the Honourable Prime Minister of India announced...

Extensions under various provisions of Direct Tax due to COVID-19

Extensions in Due Dates & Reduction in the Interest Rates was announced by the Finance Minister on 24th March 2020 through Press Release to relax some of the key compliance timelines & various relief measures Statutory and Regulatory compliance matters across Sectors for the taxpayers so that compliances can be met and there are no penal consequences for delays which are beyond the control of the everyone.

Advance Tax- “Pay as you Earn Scheme”

Benjamin Franklin once said, “In this world nothing is certain but death and taxes”. So Why is that, When is that, What is that, Who is...

Analysis of newly inserted Section 194O

The Union Budget brought about an insertion of Section 194O in the Income Tax Act,1961 effective from 1st October,2020 which warranted a tax deduction of 1% of the...

Instant PAN through Aadhaar based e-KYC

General Scheme of PAN Allotment: A new facility of instant e-PAN through Aadhaar based e-KYC has been introduced by the Honourable FM in Budget 2020. Electronically...

Why Donation for Fight against Coronavirus to third party NGOs is not a good idea?

Earlier, the trusts were formed by affluent people of same community who infused corpus money out of their own savings and carried out charitable...

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