Tax regulations are a critical but often neglected component of digital asset management. Most governments now require clear reporting of crypto-to-fiat conversions, including those involving crypto ...

II. RCM will not apply where cost of fuel is not included in consideration Cases where cost of fuel is not included in ...

1. Foreign Tax Credit (FTC) is a mechanism to provide relief to the taxpayers to claim credit in India for the taxes paid in overseas country on the doubly taxed overseas sourced income (i.e., taxed ...

Dematerialization of shares is the process of converting physical share certificates into an electronic format, held in a Demat account. This account is managed by a Depository Participant (DP)/ ...

The petitioner in the case is a company engaged in the manufacture of electronic goods and accessories, operating as a registered EOU under the GST Act. A key aspect of the petitioner’s business model ...

The Companies Act defines “books of account” as records covering company income, expenditure, sales, purchases, assets, liabilities, and prescribed cost items, requiring at least eight years of ...

The case came before the High Court in a writ petition challenging the penalty order dated May 1, 2018, and the subsequent appellate order of March 15, 2019, which had upheld the penalty. The central ...

A startup company recognized by DPIIT can issue Sweat Equity Shares up to 10 years from the date of incorporation, whereas other companies are restricted to 5 years. CONDITIONS FOR ISSUANCE OF SW EAT ...

Demand under GST and the recovery provisions will be initiated if there is a failure to pay the tax in compliance with the Goods and Services Tax (GST) laws. GST is payable on a self-assessment basis.

The case involved a claim for refund of Rs.4,95,765 in service tax paid by CAD Vision Engineers on December 6, 2017, for import of service. This payment occurred after the appointed date for GST ...

Thereafter, the Petitioner applied for a fresh GST registration and another certificate of registration on March 24, 2018 in ...

It is to be noted that interest will be calculated on the amount of input tax credit which is wrongly availed and utilized.