Judgement

The High Court dismissed all tax department appeals upholding ITAT relief and ruling that TDS on Greater Noida lease rent applies only prospectively based on earlier judicial precedents.

TDS on lease rent to Greater Noida Authority applies prospectively; HC Dismissed All Appeals

AAR held that royalty paid for a mining lease is taxable as licensing services under SAC 9973 at 18% GST under reverse charge and not eligible for the concessional 5% rate.

AAR Rejects Concessional GST Rate on Mining Lease Services; Upholds 18% GST on Mineral Extraction Royalty

Delhi High Court directed the Centre and the GST Council to decide within six months on a representation seeking GST exemption on adult diapers.

Delhi HC Directs Centre to Decide Whether Adult Diapers Should Be GST Exempt within 6 Months

News

Microsoft AI chief says AI could soon take over most computer-based office jobs, as Microsoft pushes toward advanced, self-sufficient AI systems.

Microsoft AI Chief Warns White-Collar Jobs May Vanish Within a Year

The Tribunal agreed with the contentions of the assessee, noting that once the Section 115BAB option is exercised, it stays effective for future years.

Once Section 115BAB is Opted, it Cannot be Withdrawn in Subsequent Years: ITAT

The authority clarified that the GST is applicable only on the amount received from the employees for the canteen service.

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TDS on lease rent to Greater Noida Authority applies prospectively; HC Dismissed All Appeals

AAR Rejects Concessional GST Rate on Mining Lease Services; Upholds 18% GST on Mineral Extraction Royalty

Delhi HC Directs Centre to Decide Whether Adult Diapers Should Be GST Exempt within 6 Months

Microsoft AI Chief Warns White-Collar Jobs May Vanish Within a Year

Once Section 115BAB is Opted, it Cannot be Withdrawn in Subsequent Years: ITAT

No GST on Canteen Services if Amount Not Recovered from Employees: AAR