Searched for
GST LITIGATION CASES
Booked flat for Rs 24 lakh in 2010, paid Rs 40 lakh over time, still no possession in 2026; homebuyers awarded full refund and Rs 2.5 lakh compensation eachThe case dates back to 2010 when the two homebuyers had made bookings for 3BHK flats in a housing society project initially proposed in Noi...
Five reforms India needs before the next shockIndia faces economic vulnerabilities from external crises. Five reforms are proposed to build resilience. These include reducing gold and c...
GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...
Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...
At Big 4 firms, AI is starting to reshape the tax professionMajor accounting firms in India are embracing artificial intelligence for tax services. AI is automating routine tasks, research, and draft...
Delhi HC stays GST appellate tribunal order for Tata Play to deposit Rs 450 croreThe Delhi High Court has stayed an order directing Tata Play to deposit ₹450 crore for alleged profiteering under GST, pending further hear...
Establish 'GST-like' industrial land council for dispute resolution: CIIIndustry lobby CII proposes a National Industrial Land Council, mirroring the GST framework, to standardize regulations and resolve dispute...
GST's 8th Anniversary: With disputes piling up, India pushes for faster, fairer resolution frameworkIndia's GST system, despite simplifying taxation, grapples with escalating disputes and adjudication delays. Pending cases have surged, blo...
Have you taken a backup? Old GST data to be archived from GST portal after September 30, 2024Goods and Services Tax (GST): GSTN in an advisory said that old GST return data relating to 2017 is going to be archived and hence not view...
Waiver, other tax reforms top GST Council's docketThe GST Council is set to discuss various measures at its upcoming meeting on June 22 to pave the way for broader tax reforms in the new go...
CBIC working to weed out duplicate noticesCourts have made adverse comments in many such cases of parallel investigations. The matter was discussed at a recent meeting of enforcemen...
TTML faces claims worth Rs 615 cr in pending litigationsTata Teleservices Maharashtra Limited (TTML) faces claims worth Rs 615.41 crore which are under litigation in various courts across the cou...
From audits to notices, untangling the GST regime for taxpayersEven in cases of streamlined audits, taxpayers are asked to furnish certain information which is already available with tax authorities suc...
One-time offer to settle minor GST offences in worksThe scheme will not cover wilful tax evasion, he said. Repeat offenders and offenders against whom enforcement agencies have initiated will...
GST: From payment for not serving notice period to cheque dishonour, CBIC clears the airThe Circular also mentions non-compete fees, late payment charges by utility providers of electricity, water or cancellation charges levied...
GST applicable on sublet accommodation, rules Karnataka AARIn a case involving about 42 single rooms having been sublet by a tenant to students for periods ranging between three months to 11 months,...
Budget 2019: Amnesty scheme to resolve legacy tax issuesAll parties can settle the disputes, save those who face conviction and those who have moved the Settlement Commission.
Rs 3.75 lakh cr locked in excise, service tax litigation; amnesty, resolution scheme in offing: FMThe government announced a dispute resolution cum amnesty scheme for settling legacy cases.
One-time settlement of VAT, excise disputes in the worksThe scheme, if approved, would allow officials to focus on GST compliance instead of dealing with legacy issues and could also generate ins...
Damages paid for cancellation contract to attract 18% GSTThe proposal has made multinationals, especially those executing infra and mining projects, jittery and it could have implications on M&As.