Blog tagged as Changesingst

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.

The Madras High Court recently made a big decision about Input Tax Credit (ITC)

Micro, Small, and Medium Enterprises (MSMEs) continue to be the lifeblood of India’s economy, contributing nearly 30% to the GDP and employing over 110 million people.