Stamp Duty on Share Capital Augmentation: Supreme Court’s Ruling
Introduction: Unraveling Legal Complexity Through Judicial Interpretation In the realm of legal interpretation, the judgments handed down by courts serve as guiding lights, illumin
An In-depth Analysis of Section 115BAC: Understanding the Optional Scheme vs. Default Scheme of Taxation
Introduction: The landscape of taxation in India has witnessed significant changes over the years, with amendments and new provisions being introduced to streamline the system and
Stamp Duty on Gift Shares: Navigating Legal Considerations and Implications
Introduction When it comes to gifting shares, there’s often confusion surrounding the need for a Gift Deed and the stamp duty implications. This article aims to clarify these asp
‘Dumb Documents in IT’: Navigating the Complexity of Search and Seizure Actions
A Comprehensive Legal and Practical Analysis of Non-Speaking Documents in Tax Assessments Introduction The realm of Income Tax Search and Seizure operations often unveils a plethor
GST Taxation on Printing Textbooks: A Review of the Ruling by the West Bengal AAR on the Taxability of Printing and Supplying Textbooks to Government Departments
Introduction The landscape of taxation in India witnessed a significant transformation with the introduction of the Goods and Services Tax (GST) regime. Under GST, the taxation of
GST Registration Cancellations: Ensuring Procedural Integrity through Recent Legal Rulings
Introduction The Goods and Services Tax (GST) regime in India brought about significant changes in the taxation system, aiming for a unified and streamlined approach to indirect ta
Detention of Goods under the CGST Act – Striking a Balance Between Compliance and Fairness
Introduction The Electronic Way Bill (E-way bill), which is intended to prevent tax evasion and ensure transparency in the movement of products, has become an integral component of