The National Company Law Appellate Tribunal (“NCLAT”) has, in the case of V. Padmakumar v. Stressed Assets Stabilisation Fund and Others (dated March 12, 2020) held that an entry in balance sheet/ annual return , cannot be treated to be an acknowledgement under Section 18 of the Limitation Act, 1963 (“Limitation Act”). Facts This question […]
We are pleased to share with you the copy of our latest publication of GST Café, a briefing on the recent notification issued by the Central Board of Indirect Taxes and Customs (the ‘Board’) wherein the Board has allowed for verification of monthly returns through electronic verification code. To read the GST Cafe, click at […]
We are pleased to share with you the copy of our latest publication of GST Café, a briefing on the highlights of the 40th GST Council (the ‘Council’) meeting held on 12.06.2020, whereby the Council discussed and recommended trade facilitation measures. To read the GST Cafe, click at the Download Newsletter. We trust that you […]
We are pleased to share with you the copy of our latest publication of GST Café, a briefing on the recent circular issued by the Central Board of Indirect Tax and Customs (the ‘Board’) whereby the Board has issued clarification on issues related to refund under the Central Goods and Services Tax Act, 2017. To […]
Since the inception of Goods and Services Tax (‘GST’) in 2017, leviability of GST on director’s remuneration has been an ambiguous subject. The question lies in whether services provided by the director to a company is required to be treated as ‘services by an employee to the employer in the course of or in relation […]
We are pleased to share with you the copy of our latest publication of GST Café, wherein we have analysed the recent ruling of the Authority on Advance Ruling in Karnataka in the case of NCS Pearson Inc.., wherein the Authority has held that conducting online exams/tests with minimal human intervention constitute ‘OIDAR service’. To […]
