News & Media 23rd Dec 2024
In a move likely to hit construction and leasing industries, the Goods and Services Tax (GST) Council has proposed a retrospective amendment to a law that effectively overturned a recent Supreme Court decision that allowed businesses to claim tax credits on construction costs for rental properties.
Against this backdrop, The Telegraph’s recent story, “GST Council bid to overturn SC order in Safari Retreats case, construction industry to be hit” by Suryamurthy R, where he talks to our Partner Gourav Sogani for his expert insights on this issue.
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