The Goods and Services Tax (GST) Council, which is likely to meet in the third or fourth week of June, is set to clear the operational framework of the much-awaited GST appellate tribunal, which will deal with tax disputes and streamline resolution. "The final blueprint, mainly the operational part, is expected to be presented in the GST Council meeting for approval. "This will pave the way for the tribunal to be functional, both at the central and state levels," said a senior government official, who expects the tribunal to be up and running by November.
Understanding tax residency rules and maintaining proper documentation is imperative to ensure smooth tax compliance.
The Andhra Pradesh government's attempt to ride roughshod over the Environment Protection Act 1986 to allow a massive private thermal power plant on the wetlands of Srikakulam district has failed.
The Insurance Regulatory and Development Authority on Monday proposed major amendments in the Insurance Act,
In a relief for the Congress, the Income Tax department on Monday told the Supreme Court that it will not take any coercive action against the opposition party for tax demand notices of Rs 3,500 crore approximately in view of Lok Sabha elections.
Taxpayers seeking to save tax from the sale of gold (including inherited) should reinvest the capital gains in residential property to avail of the benefit provided by Section 54F.
The JNU panel had in 2016 recommended rustication of Khalid and two other students and imposed a fine of Rs 10,000 on Kumar.
Courts should not grant ex-parte injunctions against publication of a news article barring in exceptional cases as it may have severe ramifications for the right to freedom of speech of the author and the public's right to know, the Supreme Court has said.
The party has contested the reassessment proceedings, claiming they were barred by limitation.
In a curious case of the right hand not knowing what the left is doing, the Law Ministry has released the letter written by former Chief Election Commissioner N Gopalaswami to the President seeking removal of fellow Election Commissioner Navin Chawla while the Rashtrapati Bhawan had declined to make the document public.
The controversy over the goods and services tax (GST) rate on food products refuses to die. Now, the Gujarat-based authority of advance rulings (AAR) has ruled that 'parathas' would attract 18 per cent GST. The applicant, Vadilal Industries, sought to know whether various kinds of 'parathas' supplied by them would attract five per cent GST in line with 'khakhra', plain chapati or 'roti'.
Google has termed as "tainted" the investigations done against it by CCI, contending that the two informants on whose complaint the fair trade regulator has initiated the enquiry were working at the same office that was investigating the tech major. This was "against the principles of natural justice", Google said in the petition filed before the National Company Law Appellate Tribunal (NCLAT), adding the Competition Commission of India (CCI) should have refrained from initiating an investigation based on a complaint filed by their own employees. "At the very least, the Commission could have debarred the Informants from working in the DG office while the investigation was ongoing, to ensure that the investigating officer was able to impartially assess the case without any influence, such that no concerns could arise on the independence of the investigation," said Google.
The bench noted even the high court has said in its judgement that 80 per cent of the work related to the survey has been completed.
Twenty-eight years after a man applied for a job in the postal department, the Supreme Court has ordered his appointment noting that there was an error in holding him ineligible for the post.
Justice Jasmeet Singh noted that arguments in court proceedings include assertions doubting the victim's integrity and character while she is forced to be present in the same space as the person who has allegedly violated her.
The Prime Minister's Office has refused to furnish data on documents and records it held on the mysterious disappearance of Netaji Subhas Chandra Bose, saying the disclosure would harm India's relations with foreign countries.
Among other grounds for seeking discharge, Purohit had claimed lack of sanction under relevant provisions of the Code of Criminal Procedure to prosecute him.
As corporate India gears up to be GST-ready, the ongoing litigation and tax dispute cases are something most businesses are cagey about.
Justice Yashwant Varma issued notice on the challenge to the CIC order by the Income Tax Authority and sought the stand of the RTI applicant Girish Mittal, saying that "the matter requires consideration."
Deciding the goods and services tax rate on fryums papad could be a messy affair with the Appellate Authority for Advance Rulings (AAAR) of Gujarat now ruling that the ready-to-eat product would draw 18 per cent rate. In that connection, it slightly modified the ruling of the state-based Authority for Advance Rulings (AAR). The AAR had also ordered that these products would draw 18 per cent GST but under a different classification.
The judge set aside the order of the principal district judge, Villupuram, acquitting Ponmudy and his wife in the case.
The CIC's directive came while deciding on a plea by Lucknow-based activist Nutan Thakur, who had based her RTI application on some media reports that RBI deputy governor Viral Acharya in a lecture in 2017 had said accounts of some loan defaulters have been sent to banks for resolution.
The devastating fire that gutted the four-storied building housing the marketing office of Dunlop India Ltd early this morning would have no impact on the revival plans of the company
Also, the RSS was asked to ensure strict discipline and make sure there is no provocation or incitement on their part during the march.
The case lodged against him by one of the Customs officials is pending before the special judge, Thiruvananthapuram.
The Delhi High Court Tuesday restrained the Enforcement Directorate from taking any further action pursuant to the attachment of Amnesty International India's funds in connection with a money laundering case.
Chief Information Commissioner R K Mathur rejected the contention of the ministry that details of the amount, reference numbers, dates of bills raised by Indian Air Force and Air India for the foreign visits undertaken by the Prime Minister are scattered across various records and files and collation of information in the manner sought by the appellant would involve searching of voluminous records by a significant number of officials.
The Delhi high court on Wednesday dismissed an appeal challenging a single judge's order quashing a plea seeking the agenda of the Supreme Court collegium's meeting on December 12, 2018, when certain decisions were purportedly taken on the elevation of judges to the apex court.
The order is is contrary to the Central Information Commission's directive bringing six national parties under the transparency law.
Regulator Irdai on Friday directed SBI Life Insurance Company to takeover the policy liabilities of around two lakh policies along with assets of Sahara India Life Insurance Co Ltd (SILIC) with immediate effect. The decision was taken at the meeting of the Insurance Regulatory and Development Authority of India (Irdai) in view of deteriorating financial health of the SILIC. "The Authority has identified SBI Life Insurance Company Limited (SBI Life), which is one of the largest life insurers in the country with satisfactory financials, as the acquirer insurer of the life insurance business of SlLIC.
A taxpayer paying rent to his/her spouse is entitled to claim HRA benefit under relevant sections and within prescribed limits.
The Committee will 'examine the assessment orders, appellate orders and scrutiny report for the appeal to the ITAT related to orders. . . and give its recommendations for different income groups, separately for corporate and non- corporate assesses", CBDT said.
The Directorate General of Civil Aviation (DGCA) on Tuesday made it mandatory for major airports to provide free automated buggies within their terminal to senior citizens, expectant mothers and the physically-challenged.
Kailash Avhad told Rediff.com that when he appeared before DCP Sandeep Palve, the police officer expressed anger at his RTI applications, caught him by the collar, banged his head against the wall and rained blows behind his ear. He then forced Avhad to touch his feet in apology.
Uncertainty prevailed in major political parties including the ruling Congress and opposition Bharatiya Janata Party over whether to appoint an officer who can share information with public under the Right To Information Act as the six-week deadline given by the Central Information Commission to designate such officers ended on Monday.
The top court said despite the increasing trend of filing divorce proceedings in courts, the institution of marriage is still considered to be a pious, spiritual and invaluable emotional life-net between couples in the Indian society.
All the four were found guilty of "conspiracy" to wage war against the government of India and sentenced to 10 years rigorous imprisonment.
The interest charged on an inter-state loan given to a credit card holder without the use of a plastic card would not be subject to the integrated goods and services tax (IGST), a two-judge bench of the Calcutta high court has ruled. In this connection, it recently set aside a ruling by a single judge of the high court. The issue was a loan of Rs 650,000 granted by Citi Bank with an EMI of Rs 58,056 for 12 months and inclusive of integrated GST (IGST) on each installment of interest.