The issue involved arbitrary estimation of income at 20% and 5% of turnover. The Tribunal reduced it to 4% due to lack of supporting comparables and considering business realities. The key takeaway is ...
Eligible businesses must opt for the composition scheme before 31 March 2026. Missing the deadline makes them ineligible for ...
GST registration is not merely a statutory requirement but a strategic necessity for businesses operating in India. Since the introduction of the Goods and Services Tax (GST), the government has ...