Notice calling for suggestions, views, comments etc. from stakeholders on comprehensive changes in FORM GSTR-3B
The Hon’ble NCLAT full bench overturns its two previous judgements to clarify that Licensor for payment “ License Fees” will be treated as Operational Creditor and “ License Fees” is an Operational Debt.
Proceedings under the Insolvency and Bankruptcy Code (IBC), 2016 cannot dilute the rights of the Tax Department to reopen the assessment U/S 148
Public authority must not exercise that power just because it would be lawful for the said authority to exercise the same: Bombay ITAT.
Power of RBI to withhold remittance to be made under Automatic route to Wholly owned Subsidiary cannot be used to reject the remittance on whimsical and arbitrary reasons.