The NDA 3.0 government faces an uphill task in simplifying GST rates, a move that analysts warn would increase the cost of living for the poor.
The Bengaluru bench of the Authority of Advance Ruling (AAR) said hostels are not akin to residential dwelling units and hence are not exempt from Goods and Services Tax (GST).
The question before the AAR was whether charging of battery is a supply of goods or a supply of services.
The Bombay High Court set aside an order by the Authority for Advanced Ruling (AAR) that raised questions whether Sebi guidelines were floudted by Tech Mahindra in order to go public.
2 judgments, one question, several answers and one brand new problem. Forget capital gains, MAT is the new problem for Mauritius based investors! Payaswini Upadhyay summarises the AAR decisions in the Castleton & Smithkline cases.
Vodafone has run into a spot of luck. A recent Authority for the Advance Ruling (AAR) ruling on Quippo Telecom may just provide a boost to Vodafone’s tax fortunes, reports CNBC-TV18’s Ashwin Mohan.