Judgement

The GAAAR rejected the appeal filed by the appellant and held that the company cannot claim ITC on expenses incurred for the buyback of its own shares.

No ITC on Share Buyback Expenses: Gujarat AAAR Upholds GAAR Ruling

News

Officials from the State Tax Department accused of hiding unaccounted wealth by buying mineral-rich hills in Purvanchal.

Officials Accused of Laundering Billions Through Mineral Hills in Mirzapur and Sonbhadra

Bribery Scandal: Tax Officers Allegedly Used Mineral Hills to Launder Billions

The Gujarat AAR ruled that importers can claim ITC on IGST paid for imported goods even when supplier payments are delayed beyond 180 days, as long as they comply with FEMA and RBI timelines.

ITC allowed on IGST Paid for Imports despite Deferred Payment Beyond 180 Days: AAR

Bombay High Court petition seeks to allow Shilpa Shetty and Raj Kundra to travel abroad amid fraud probe.

Shilpa Shetty Questioned for Hours in Rs 60 Crore Financial Fraud Case

The Authority for Advance Rulings (AAR) has clarified that GST is not applicable on the amount collected by employers from employees towards staff accommodation facilities. This ruling provides relief for organizations offering housing benefits to employees.

AAR Rules: No GST on Amount Recovered from Employees for Staff Accommodation

Press Release

GST changes that lower costs and boost competitiveness for Maharashtra’s businesses.

GST Reforms 2025: Boosting Maharashtra’s Economy Across Every Sector

One Stop Solution For CA CS CWA Direct Indirect Tax GST Business News

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