Enhancing Insurance Coverage on Bank Deposits – Increasing Tax Litigation Woes for Banking Sector

Jignesh Ghelani, Partner and Sanchita Rungta, Senior Associate, Economic Laws Practice (ELP), co-author an article in Taxsutra, on the notices issued by Indirect Tax Authorities denying CENVAT credit on the Deposit Insurance Credit Guarantee Corporation (DICGC) premium paid by banks.

Read the detailed article here.