Key Difference: GST searches are business-centric, focusing on transactional compliance, while Income Tax searches are more intrusive, aiming at personal and undisclosed income. Governed by Section 67 ...

If you have ever sought the advice of an estate planning professional, you’ve probably heard of the generation-skipping transfer tax (GSTT). It is likely that you and your descendants will not ...

Failure to comply with GST rules can have severe consequences. If a landlord evades tax, wrongly avails of input tax credit, or wrongly claims a refund exceeding ₹ 5 crore, they could face up to ...

The GST Council has formed a GoM to examine states' demand for a special cess levied in case of natural disasters. The GoM ...