FICCI and Assocham urge the finance ministry to allow Input Tax Credit (ITC) for real estate developers on commercial assets ...

The Supreme Court recently held that Rule 21(8) of the Punjab Value Added Tax Rules, 2005, which was notified on January 25, ...

Industry bodies FICCI and Assocham have demanded that real estate developers should be allowed to claim Input Tax Credit (ITC ...

According to Ficci's estimates, India adds approximately 55-60 million square feet of commercial space annually. With a ...

Insurers argue that a complete exemption will lead to denial of input tax credit and the increased costs will have to be ...

Input Tax Credit is Not Restricted if the Construction of Premises Satisfies the Functional Utility Test and is Germane to Business In the case of Chief Commissioner of Central Goods and Services Tax ...

The Vodafone Idea stock jumped as much as 4.0 per cent to Rs 8.39 apiece on BSE at the strongest levvel of the day, holding ...

Section 110(A) of the Tax Code, as amended, identifies the transactions creditable against output tax. Among the transactions are the purchase or importation of goods for sale, for conversion into or ...

In a general procedure hearing that was later moved under the informal procedure rules and rendered on December 17, 2024, the ...

DGGI uncovers 1,196 crore tax fraud involving fake invoices, e-way bills, shell entities, and bogus companies.