All articles

Background and Recent DevelopmentsThe application of rebate under Section 87A, especially concerning short-term capital gains (STCG) taxed under Section 111A, has recently sparked considerable debate...

1. OverviewThe Income Tax Act, 1961, has been designed to foster accountability and prevent the movement of unaccounted-for funds. Among its various safeguards, Section 269SS plays a vital role by cur...

Overview of Income from House PropertyIncome from House Property is categorized as one of the five primary income heads under the Income Tax Act, 1961, spanning Sections 22 to 27. This head concerns r...

India’s Expanding Role in Global Services ExportsIndia has witnessed a remarkable rise in its global services exports ranking, moving from 24th place in 2001 to the 7th largest exporter of services wo...

Representation for Suggestions related to Policy & Procedures in GST The All Gujarat Federation of Tax Consultants (AGFTC) and the Income Tax Bar Association, Ahmedabad (ITBA) have jointly submitted a...

Understanding GST Registration Cancellationi) What is GST Registration Cancellation?GST registration cancellation refers to the process where an assessee’s Goods and Services Tax (GST) registration is...

Overview of the JudgmentIn a landmark decision in the case of M/S SKT Swamy Auto Agency v. Union of India, the Madras High Court invalidated GST Notification No. 56/2023 – Central Tax dated 28th Decem...

Understanding Job Work under GST(i) Job Work ExplainedUnder Section 2(68) of the CGST Act, job work refers to any process or treatment performed by an entity (the job worker) on goods owned by a regis...

Overview of the JudgmentThe Madras High Court, in the matter of Satyadevi Alamuri v. Office of Assistant Commissioner of GST and Central Excise, delivered a pivotal verdict regarding the treatment of...

Introduction: The Transformation of GST Through TechnologyThe implementation of digital solutions within India’s Goods and Services Tax (GST) regime has significantly enhanced transparency and operati...

1. OverviewThe honorary title of Chairman Emeritus has become increasingly common among Indian corporations as a means to facilitate leadership succession and maintain continuity. However, this design...

Introduction: The Gross vs. Net GST TDS DebateThe issue of whether GST TDS should be applied to the gross invoice value (inclusive of GST) or the net amount (exclusive of GST) has become a significant...

Introduction: The Ubiquity of E-Commerce in Daily LifeE-commerce platforms have seamlessly integrated into our routines, enabling everything from grocery shopping and cab bookings to arranging holiday...

Overview of Employee Secondment in Multinational Contextsi. Defining Secondment in Indian Corporate StructuresIn the organizational landscape of multinational corporations, it is a common practice for...

Introduction to the GST Appellate Tribunali) Role and Composition of the TribunalThe GST Appellate Tribunal (GSTAT) functions as the secondary appellate authority under the Goods and Services Tax fram...

Navigating the Indian tax regime can be particularly complex for non-residents, given the diverse sources of income and global mobility. However, the Income Tax Act, 1961, along with relevant Double T...

Major Overhaul of GST FrameworkOn the occasion of India’s 79th Independence Day, the Hon’ble Prime Minister, Shri Narendra Modi, declared an extensive revamp of the Goods and Services Tax (GST) regime...

Introduction: GST’s Dual Administrative Structure and Jurisdictional IssuesIndia’s Goods and Services Tax (GST), now in its ninth year, is celebrated for unifying indirect taxation under the philosoph...

Introduction: The Case That Caught Everyone’s AttentionAt a recent tax seminar, the focus shifted from standard tax talk to the so-called “loopholes” in tax planning. The case of Kavita Manoj Damani h...

Introduction to Proposed GST ChangesThe Government of India is considering major amendments to the Goods and Services Tax (GST) regime, with the intention of implementing these modifications by Octobe...