India’s MCA requires non-small private companies to dematerialize shares by June 30, 2025, aiming for enhanced transparency and market efficiency.
East Delhi Advocates Forum requests a one-time extension for filing GST appeals under Section 107 of CGST Act for 2017-18 to 2020-21, citing taxpayer challenges.
Understand the voluntary strike-off process for companies in India, including eligibility, step-by-step procedures, required forms like STK-2, timelines, and post-strike-off implications for directors.
Learn how Indian residents earning foreign income can claim Foreign Tax Credit (FTC) for FY 2024-25. Understand Form 67 submission, DTAA, and documentation.
Delhi High Court rules no IGST on head office to branch services if full input tax credit is available to the recipient unit, valuing service at nil.
1. Introduction The Foreign Liabilities and Assets (FLA) Return is an annual disclosure mandated by the Reserve Bank of India (RBI) in accordance with the Foreign Exchange Management Act (FEMA), 1999. It is applicable to Indian entities that have either received foreign direct investment (FDI) or made overseas direct investment (ODI). Although no fee is […]
Missed GST refund deadline? Learn how irrecoverable GST on deemed exports can be claimed as a business expense under Section 37 of the Income-tax Act, 1961
Understand the complexities of GST on IPOs and OFS in India, including debates over Input Tax Credit reversal, the distinction between share creation and transfer, RCM on government fees, and GST treatment of ESOPs.
Stay informed on GSTN’s June 2025 advisories, covering the 3-year return filing bar, non-editable GSTR-3B liability, QRMP refund rules, Amnesty Scheme filing, and new E-Way Bill 2.0 features.
ITAT Mumbai dismisses Cable & Wireless India’s appeal, ruling it non-maintainable as the assessee bypassed the first appellate authority (CIT-A).
