Day: June 25, 2018

Taxpayers are finding it difficult to comply with notices on detailed verification of transitional credit claims. Taxpayers are finding it difficult to comply with notices

Many tax payers have got notices for utilising input tax credit (ITC) for payment of most of the GST liability and have been asked to

Cost pressures — the pressure of taking on fresh audits in new companies, which require more manpower in the first year — have been telling

The ongoing drive to clean up banking can hurt the economy if it becomes a witchhunt Two developments are simultaneously unfolding in the banking sector:

Taxability of moulds and dies Issue There was a general apprehension in the automobile sector (in specific) on the GST implications of moulds and dies transferred free

Almost one year back, at the stroke of the midnight hour, India ushered in a new era and awoke to a ‘one country one tax’ regime. The