Blog by RB Associates and Tax Matters

The Bombay High Court ruled this tiny wording gap meant full capital gains exemption — zero tax on ₹1.08 crore.

The Bombay High Court recently made an important decision: it said that the GST registration of a business can be cancelled if the suppliers it deals with are not real or do not exist.

Many businesses and individuals in Gujarat were getting tax notices demanding 18% GST when they transferred their 99-year lease rights on industrial plots.

India’s labour law framework is designed to protect the rights of employees while ensuring fair practices for employers. Among the most significant statutes are the Payment of Bonus Act, 1965, Payment of Gratuity Act, 1972, and Payment of Wages Act, 1936.