KCM Flash

Sep 3, 2022Overseas Investments by Indian Residents - New Rules and Regulations pave the way!
May 26, 2022Apex Court helps taxpayer sail through troubled waters, holds no IGST under RCM on Ocean Freight for CIF imports
May 6, 2022Old becomes Gold for Revenue? - Supreme Court rules of reassessment controversy
Apr 20, 2022Recent changes under FTP and Customs
Apr 19, 2022CBDT notifies US,UK, and Canada as "notified countries" under section 89A, provides for manner of taxability of income from retirement benefit accounts
Apr 9, 2022Recent MCA Notifications - Transperancy, Governance and Ease of Doing Business
Mar 22, 2022GST Considerations for the closing and start of new Financial Year 2022-23
Mar 2, 2022E-Invoicing limit reduced to INR 20 Crores from 01st April 2022
Feb 23, 2022Supreme Court denies tax deductibility of expenditure incurred by pharmaceutical companies on freebies to medical practitioners
Feb 16, 2022Gujarat HC reserves liberty for Taxpayer to seek condonation of delay in filing Form 10-IC to claim benefit under section 115BAA
Dec 10, 2021Introduction of Legal Entity Identifier for Cross-border Transactions
Jan 2, 2021On the ROAD to a Fresh Start in a New Year, with RoDTEP Scheme
Aug 16, 2021Activities to be done before the end of September 2021 and Annual Compliances for the FY 2020-21
Jul 1, 2021TDS under section 194Q - CBDT issues Guidelines
Jun 23, 2021CBDT announces online functionality for Sections 206AB & 206CCA of Income-Tax Act
Jun 11, 2021Extension of Due Dates and Time Limits in GST
May 28, 2021Significant Economic Presence (SEP) - Lower thresholds, significant impact for MNCs
May 24, 2021Extension of Due Dates for various Tax Compliances
May 13, 2021MCA Notifications - May 2021
May 11, 2021Extension of Due Dates & Time Limits
Apr 14, 2021Amendments effective from April 1, 2021
Apr 9, 2021FTP 2015-20 and Customs Update
Mar 30, 2021GST Considerations for the closing and start of new Financial Year 2021-22
Jan 2, 2021On the ROAD to a Fresh Start in a New Year, with RoDTEP Scheme - 01
Jan 2, 2021From Smooth (Seamless) Flow to Bumpy (and Seems Less) Flow of ITC
Dec 4, 2020Approval Process for FDI from Neighbouring Countries - Revised SOP
Nov 4, 2020Travel less! Leave Travel Concession Exemption for Salaried employees
Oct 24, 2020Further Extension of Due Dates for various tax & Regulatory Compliance
Oct 23, 2020Foreign Contribution (Regulation) Amendment Act, 2020 Path Breaker or Deal Breaker?
Oct 15, 2020DDT finally makes it to DTAA after a journey of 20 years Indian Tax Tribunal rules in Taxpayer's favour, applies "Substance over Form"!
Oct 12, 2020Faceless Appeals - The way forward to New Era of Transparent Taxation
Aug 20, 2020Faceless Income Tax- Assessment -New Era of Transparent Taxation
Aug 17, 2020Gujarat Industrial Policy 2020 - A new Sunrise in Gujarat, the preferred investment destination
Aug 8, 2022Gujarat High Court allows refund on ITC on input services under Inverted Duty Structure, reads down CGST Rules
Jul 27, 2020Apex Court demolishes Revenue's "Permanent Establishment" contention for Indian "Project Office", reiterates relevance of facts
Jul 22, 2020Amendments due to Covid-19 – A creditor’s pain, a debrtor's gain? NCLT Ruling on Insolvency and Bankrupty Code
Jul 21, 2020Binding Nature of Circulars – Apex Court unties the bound?
Jun 25, 2020Extension of Due Dates for various tax & Regulatory Compliance
Jun 22, 2020Apex Court goes the "Stricter Route" , negates Taxpayer's claim of "Liberal Interpretation"
Jun 13, 2020GST on Director's Remuneration and Other Updates
Jun 11, 2020ITR 6 for AY 2020-21 - Changes You Should Know!
Jun 6, 2020AAR 'flips' the Mauritius 'Kart' citing prima facie Tax Avoidance