And, more to the point, is the Indian judicial system actually capable of preventing the next disaster from occurring? The Burden of Trust: Directors and Their Duties The law is unambiguous. Directors ...

The constitutional validity of lock-in clauses in employment contracts has emerged as a significant legal issue in India, balancing employer interests in workforce stability against employees’ ...

Facing a GST credit denial notice due to a bogus supplier can be distressing for genuine businesses. By ensuring compliance with Section 16, maintaining proper documentation, and verifying supplier ...

India’s labour landscape has undergone a significant transformation over the past few decades. With the rise of the service economy, expansion of the IT ...

In 2019, the Indian government took a significant step towards modernizing the country’s wage laws by introducing the Code on Wages, 2019. This single, unified code replaced the four major ...

While many taxpayers and professionals viewed the RCM on rent as a mere cash flow issue (with Input Tax Credit offsetting the liability), a closer look reveals its hidden cost: a higher late filing ...

Since deadlines to submit salaried returns are now approaching, we will talk about Section 115BAC of the Income Tax Act, 1961. I’ve observed that some deductions are allowed under the new regime. For ...

Indian corporations must follow a stakeholder-centric approach that guarantees transparent reporting, quantifiable effect, and participatory development if they are to go beyond compliance. Instead of ...

CIT (E) rejected the Trust’s request on the grounds that the receipts in the form of school bus fess, tuition fees & exam ...

Still, if the Centre is happy with one, two, or three surgical strikes, then nothing on earth can be more shameful and more disgraceful than this! To hell with two or three surgical strikes deep ...

Conclusion: Dealers registered under Value Added Tax Act (VAT Act), 2008 were duty bound to reverse or debit the input tax credit as prescribed under Section 13(6) of the VAT after the discontinuation ...

Gujarat High Court held that imposed a token cost of Rs. 1,000 on department for disregarding the directions by Central Excise and Service Tax Appellate Tribunal [CESTAT] and matter remanded for fresh ...