GST hike on online gaming may be deferred due to disagreements
GST on online gaming: According to sources, there was agreement on the 28% levy, but not on the mechanism valuation…
Author: TW Editorial Team
TW Editorial Team comprises of team of experienced Chartered Accountants and Advocates devoted to spread the knowledge of GST amongst the various stakeholders.
Income Tax Department likely to reopen old cases
The Income tax Department is likely to reopen old cases related to land deals and redevelopment where entities tried to…
Canteen fees: Conflicting GST rulings puzzle companies
The Uttarakhand bench of the GST Authority for Advance Rulings (AAR) in the case of Tube Investment of India Limited…
GST council to consider decriminalisation of GST law
The GST Council in its next meeting is likely to discuss the decriminalisation of offences under GST law, along with…
GST Dept started Issuing notices for Late Fee to GSTR-1 Defaulters
After implementing the amendment in section 37(4) of the Central GST Act, 2017, the GST department has started issuing late fee…
Audit in GST Regime: An overview
The objective of audit of taxpayers is to measure the level of compliance of the taxpayer in the light of…
Cancellation Of GST Registration On Health Issues; Madras HC Revokes
The Madurai Bench of the Madras High Court has lifted the cancellation of the GST registration as the tax returns…
‘RBI’s digital Rupee a ‘game changer’, says SBI chairman
State Bank of India (SBI) Chairman Dinesh Khara hailed the Reserve Bank of India’s pilot for retail (RBI’s) Central Bank…
New FAQs on GST e-invoicing issued
As per Rule 48(4) of the CGST Rules, notified class of registered persons have to prepare invoice by uploading specified…
Supreme Court ends large tax evasion in land, property deals
The Supreme Court has put an end to a rampant tax dodge, going on for decades, where land parcels, properties,…
No ITC on Canteen Expenses, Employee recovery subject to GST: Uttarakhand AAR
The Uttarakhand Authority of Advance Ruling (AAR) has ruled that the Input Tax Credit (ITC) is not admissible on the…
Updated List of Banks for e-Payment of income tax
The Income Tax Department has on 1st December, 2022 issued an updated List of Banks for income tax payments available at e-Pay…