Grow with Google: Empowering Individuals and Businesses in the Digital Age In today’s rapidly evolving digital landscape, having the right skills and knowledge is crucial for individuals and businesses to thrive. Recognizing this need, Google launched “Grow with Google,” a comprehensive program designed to provide free training, tools, and resources to help people acquire digital… Read More »
BharatGen: India’s Generative AI Revolution India launches BharatGen, the world’s first government-funded Multimodal Large Language Model initiative. This pioneering project aims to revolutionize public services and citizen engagement using generative AI. BharatGen will develop AI models that can generate text and multimodal content in various Indian languages. This will promote inclusivity and address India’s diverse… Read More »
OpenAI Targets Enterprise AI OpenAI is expanding its offerings with new AI solutions specifically designed for businesses. This includes advanced AI agents that can automate complex tasks and provide in-depth insights for various industries, including finance and customer service. OpenAI is developing specialized AI research tools for different sectors like legal and medical. These tools… Read More »
Advisory on the Introduction of E-Way Bill (EWB) for Gold in Kerala State Jan 27th, 2025 Dated: January 24, 2025 It is hereby informed that a new option for generating E-Way Bills (EWB) for gold has been introduced in the EWB system, effective from January 20, 2025. This feature has been made available to facilitate… Read More »
Attention – Hard – Locking of auto-populated liability in GSTR-3B Jan 27th, 2025 1. Please refer to the advisory dated October 17, 2024 , regarding the restricting the editing of auto-populated liability in GSTR-3B from the January 2025 tax period. 2. However, various requests have been received from the trade seeking time for the same. Therefore, the… Read More »
Advertisement and distribution revenue of Singaporean company taxable in India as business profits. I. Taxation of Advertisement and Distribution Revenue (Assessment Year 2013-14) Facts: A Singaporean company broadcasting television programmes in India appointed an Indian agent to sell commercial airtime and distribute channels. The assessee received advertisement and distribution revenue from this agent and claimed… Read More »
Constitutional Validity of Section 174(2) CGST Act Challenged: Decision Deferred Pending Supreme Court Ruling Summary: In this case, the petitioner challenged the constitutional validity of Section 174(2) of the Central Goods and Services Tax Act, 2017. Both parties acknowledged that the issue was already being considered by the High Court of Punjab and Haryana in… Read More »
Unsigned GST Assessment Orders Quashed: Fresh Orders with Valid Signatures Directed Summary: In this case, the court held that orders issued under Section 73 of the Central Goods and Services Tax Act, 2017 must carry a digital or manual signature of the issuing officer to be considered valid. Relying on a recent Division Bench judgment… Read More »
GST Penalty for E-way Bill Discrepancies Set Aside for Lack of Personal Hearing: Opportunity Granted for Explanation and Provisional Release of Goods Summary: The petitioner’s goods were detained due to discrepancies between the e-way bill destination (Gayathri Consultants, Tamil Nadu) and the actual unloading location (Sembiam Road, Kathirvedu). The petitioner was also unable to produce… Read More »
Interim Relief Granted in Absence of Constituted Appellate Tribunal: Following Precedent Summary: In this case, the assessee challenged an order passed by the first appellate authority. However, the Appellate Tribunal had not yet been constituted, preventing the assessee from filing an appeal there. The assessee approached the court seeking interim relief. Citing a previous decision… Read More »