Review petitions against Supreme Court judgment upholding 28% GST on online gaming
GST Update Analysis ANAYLITICAL VIDEO: INTRODICTION The controversy relates to the GST treatment of online gaming activities involving real-money participation. The online gaming industry had consistently argued that GST should be levied only on the platform fee (Gross Gaming Revenue – GGR) charged by the gaming platform and not on the entire amount staked by […]
GST Council May Allow ITC on Company Cars & Group Health Insurance – Major Relief Proposed for Businesses
GST Update Analysis ANAYLITICAL VIDEO: INTRODICTION The GST Law Committee has proposed significant amendments aimed at improving the ease of doing business by allowing companies to claim Input Tax Credit (ITC) on certain business expenditures that are presently blocked under Section 17(5) of the CGST Act. If approved by the GST Council, businesses may soon […]
Which Act Governs What After 01 April 2026? — The Complete Guide to Pending Proceedings, Parallel Compliance, and the Two-Act World
Quick Summary Box Proceeding Type Old AY (up to AY 2026-27) New Tax Year (TY 2026-27+) Return filing IT Act, 1961 IT Act, 2025 Scrutiny notice (143(2)) IT Act, 1961 IT Act, 2025 Reassessment notice (148A) IT Act, 1961 (Section 148A) IT Act, 2025 (Section 281) Penalty proceedings IT Act, 1961 IT Act, 2025 (Section […]