Posted On:  7 months ago


Top 9 landmark cases and judgments that brought a change in India

Vodafone was embroiled in a $2.5 billion tax dispute over its purchase of Hutchison Essar Telecom services in April 2007.  The transaction involved purchase of assets of an Indian Company, and therefore the transaction, or part thereof was liable to be taxed in India as per the allegations of tax department. Vodafone Group entered India in 2007 through a subsidiary based in the Netherlands, which acquired Hutchison Telecommunications International Ltd’s

article author Dharmesh Jain

Posted On:  7 months ago


FAQs on GST Offences & Penalties, Prosecution & Compounding under Goods and service tax

If any person transports any goods or stores any such goods while in transit without the documents prescribed under the Act (i.e. invoice and a declaration) or supplies or stores any goods that have not been recorded in the books or accounts maintained by him, then such goods shall be liable for detention along with any vehicle on which they are being transported.

article author One Roof Consultant

Posted On:  1 year ago


FAQs on Offences and Penalties, Prosecution and Compounding as per Goods and Service Tax (GST)

The Model GST Law codifies the offences and penalties in Chapter XVI. The Act lists 21 offences in section 66, apart from the penalty prescribed under section 8 for availing compounding by a taxable person who is not eligible for it. The said offences are as follows:- Making a supply without invoice or with false/ incorrect invoice; Issuing an invoice without making supply; Not paying tax collected for a period exceeding three months; Not paying tax collected in contravention of the MGL for a period exceeding 3 months

article author CA Chirag Chauhan

Posted On:  2 years ago


Most Litigated Matters Under Income Tax Laws

Summary of several provisions in the Income Tax laws which has given rise to litigations and which requires modification with a view to ensure certainty and predictability in tax laws.

article author Shivam Tara

Posted On:  2 years ago


LEAVE AND LICENCE AGREEMENT FORMAT

Section 55 of the Maharashtra Rent Control Act, 1999, provides that any agreement for leave and license or letting of any premises, entered into between the landlord and the tenant or the licensee, as the case may be, shall be in writing and shall be registered under the Registration Act, 1908

article author Dharmesh Jain

Posted On:  2 years ago


General Principals of Insurance

Our life is full of uncertainties. We are facing uncertainties on every step, while proceeding in our life. Same in the field of business also..

article author CS Deepak Pratap Singh

Posted On:  2 years ago


Negligence and Medical Profession

Negligence and Medical Profession.We know about various types of Torts, which is an injury or wrong independent of implied contract, as by assault, libel, malicious prosecution, negligence, slender, trespass or seduction.

article author CS Deepak Pratap Singh

Posted On:  2 years ago


LLP, What is it? & How it is incorporated?

Description & Definition of Limited Liability Partnership (LLP) and Procedure of incorporation with advantages of form LLP.

article author Sushil K Dubey