The Supreme Court recently underscored the need for the Central Board of Indirect Taxes and Customs to fix realistic ...

EDITORIAL: The country’s fundamentally flawed tax system has long undermined the business environment, slowed economic ...

The Parliamentary panel also shared that “significant challenges faced by taxpayers under the GST framework, particularly ...

The Supreme Court recently issued notice to the Central Board of Indirect Taxes and Customs (CBIC) over the recurrent issue ...

It emphasized the need for CBIC to reconsider the rigid timelines imposed for rectifying bonafide errors in GST filings. The Court highlighted that denying input tax credit (ITC) due to clerical ...

Supreme Court directs CBIC to re-examine tax return error provisions, reinforcing principle that buyers shouldn't be penalized for supplier errors.

New Delhi: About 47,674 direct tax defaulters, who owe over Rs5.91 lakh crore to the government have been declared ...

The Supreme Court further emphasised that denying ITC due to human errors results in unfair double taxation, where businesses ...

Vertex Inc. (NASDAQ:VERX) ("Vertex” or the "Company”), a global provider of indirect tax technology solutions, reveals that ...

How tax automation reduces costs, improves accuracy, and streamlines compliance—turning tax into a low-touch, high-ROI ...

S Sriram and Dinesh Kukreja of Lakshmikumaran and Sridharan examine the tax consequences of foreign business reorganisations ...

The Court strongly emphasized that a seller’s mistake in reporting GST details cannot lead to the denial of ITC to the buyer, ...