Newsletter/Booklets 14th Dec 2021

Tax Newsletter – November 2021

Authors

Ginita Bodani Associate Partner | Mumbai
Rahul Charkha Partner | Pune
Rahul Khurana Partner | New Delhi | Noida
Saurabh Dugar Associate Partner | Noida

Latest Thought Leadership

Alerts & Updates 13th Feb 2025

Private companies breathe easy temporarily on demat requirement | SEBI suggests easing RPT norms and secretarial compliance

Read More
Alerts & Updates 13th Feb 2025

CCI’s order against Goldman Sachs (India) Alternative Investment Management Private Limited under Section 43A of the Competition Act, 2002 – An Analysis

Read More
News & Media 13th Feb 2025

Retail fund schemes struggle to take off in GIFT City amid regulatory and tax hurdles

Read More
Alerts & Updates 13th Feb 2025

BIS Update: Compulsory use of Standard Mark for Stainless Steel Pipes and Tubes

Read More

Our monthly tax update includes detailed analysis on recent case laws/advance rulings on several direct and indirect issues including:

  • ITAT rules that transaction in bogus shares involves a colorable device
  • The principle of non-maintainability of writ petitions in situations where there is an alternate remedy available
  • Services which are inextricably linked to mining activities are covered by exclusion of FTS and hence are not taxable
  • Organizing IPL is not dilutive of the fundamental objects and hence Section 12A/12AA of the ITA Act is valid in this case
  • Unexplained investment in India by a non-resident from income earned outside India is not taxable under Section 69
  • Online filing cannot be insisted in respect of refund applications under GST
  • Officers appointed under Orders of Commissioner of State Tax are ‘proper officers’ under GST
  • Section 130 of the CGST Act provides for provisional release of goods
  • Royalty and dead rent are not subject to service tax under forward charge
  • Supply of goods made outside India prior to February 1, 2019 will be subject to GST
  • Top-up and parental insurance premium recovery from the employees are not subject to GST

The update also provides recent Circulars/Notifications on Direct Tax, GST, FTP, Customs, Central Excise.

Read more

 

Privacy Policy

As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.