Tax insights Mandatory requirement for Electronic Furnishing of Form 10F in case of Foreign Remittance Information technology (IT) and IT enabled services (ITeS)Real estate and constructionBanking, Financial Services and Insurance (BFSI)ManufacturingMedia, Entertainment and LeisureTax insightsTax Read more > Mandatory requirement for Electronic Furnishing of Form 10F in case of Foreign Remittance Summary of recent Circulars issued under GST Information technology (IT) and IT enabled services (ITeS)Real estate and constructionBanking, Financial Services and Insurance (BFSI)ManufacturingMedia, Entertainment and LeisureTax insightsTax Read more > Summary of recent Circulars issued under GST Summary of GST Circulars clarifying GST applicability on Liquidated damages, Notice pay recovery etc. and Clarifications on several rate related aspects Information technology (IT) and IT enabled services (ITeS)Real estate and constructionBanking, Financial Services and Insurance (BFSI)ManufacturingMedia, Entertainment and LeisureTax insightsTax Read more > Summary of GST Circulars clarifying GST applicability on Liquidated damages, Notice pay recovery etc. and Clarifications on several rate related aspects Turnover exemption limit for E-invoicing under GST reduced from Rs. 20 crores to Rs. 10 crores effective from 1 October 2022 Information technology (IT) and IT enabled services (ITeS)Real estate and constructionBanking, Financial Services and Insurance (BFSI)ManufacturingMedia, Entertainment and LeisureTax insightsTax Read more > Turnover exemption limit for E-invoicing under GST reduced from Rs. 20 crores to Rs. 10 crores effective from 1 October 2022 Supreme Court rules that gifting of freebies by Pharmaceutical Companies to medical practitioners is not allowable expenditure under the Income Tax Act, 1961 Information technology (IT) and IT enabled services (ITeS)Real estate and constructionBanking, Financial Services and Insurance (BFSI)ManufacturingMedia, Entertainment and LeisureTax insightsTax Read more > Supreme Court rules that gifting of freebies by Pharmaceutical Companies to medical practitioners is not allowable expenditure under the Income Tax Act, 1961 CBDT Extends Safe Harbour Rules to Assessment Year 2022-23 Information technology (IT) and IT enabled services (ITeS)Real estate and constructionBanking, Financial Services and Insurance (BFSI)ManufacturingMedia, Entertainment and LeisureTax insightsTax Read more > CBDT Extends Safe Harbour Rules to Assessment Year 2022-23 Extension of Due-date for filing of return in Form GSTR 3B for the month of April 2022 till 24 May 2022 Information technology (IT) and IT enabled services (ITeS)Real estate and constructionBanking, Financial Services and Insurance (BFSI)ManufacturingMedia, Entertainment and LeisureTax insightsTax Read more > Extension of Due-date for filing of return in Form GSTR 3B for the month of April 2022 till 24 May 2022 Jaipur Tribunal Rules that Mere reflection of higher income in Form 26AS not a reason to make additions to the returned income offered by the assesse Information technology (IT) and IT enabled services (ITeS)Real estate and constructionBanking, Financial Services and Insurance (BFSI)ManufacturingMedia, Entertainment and LeisureTax insightsTax Read more > Jaipur Tribunal Rules that Mere reflection of higher income in Form 26AS not a reason to make additions to the returned income offered by the assesse Ruling pronounced by National Company Law Tribunal in case of Panasonic Group –GAAR not to interfere with the rights of the taxpayers to arrange its affairs tax efficiently Information technology (IT) and IT enabled services (ITeS)Real estate and constructionBanking, Financial Services and Insurance (BFSI)ManufacturingMedia, Entertainment and LeisureTax insightsTax Read more > Ruling pronounced by National Company Law Tribunal in case of Panasonic Group –GAAR not to interfere with the rights of the taxpayers to arrange its affairs tax efficiently Supreme Court validates the reassessment notices issued under unamended section 148 of the Income Tax Act between 01 April 2021 to 30 June 2021 Information technology (IT) and IT enabled services (ITeS)Real estate and constructionBanking, Financial Services and Insurance (BFSI)ManufacturingMedia, Entertainment and LeisureTax insightsTax Read more > Supreme Court validates the reassessment notices issued under unamended section 148 of the Income Tax Act between 01 April 2021 to 30 June 2021 Mohit Minerals Private Limited Supreme Court Ruling - No levy of IGST on ocean freight in case of import of goods on CIF basis Information technology (IT) and IT enabled services (ITeS)Real estate and constructionBanking, Financial Services and Insurance (BFSI)ManufacturingMedia, Entertainment and LeisureTax insights Read more > Mohit Minerals Private Limited Supreme Court Ruling - No levy of IGST on ocean freight in case of import of goods on CIF basis Key Amendments passed in the Finance Act 2022 vis-s-vis Original Finance Bill 2022 Information technology (IT) and IT enabled services (ITeS)Real estate and constructionBanking, Financial Services and Insurance (BFSI)ManufacturingMedia, Entertainment and LeisureTax insightsTax Read more > Key Amendments passed in the Finance Act 2022 vis-s-vis Original Finance Bill 2022