Articles by Vivek Jalan

GSTAT Kolkata Bench Inaugurated: New Listing Process and Case Categories Explained

Posted by Vivek Jalan 21 May 2026 56 Views

GSTAT Kolkata Bench inaugurated on 16 May 2026 with new case listing procedures, dispute categorization, and operational guidelines to strengthen GST dispute resolution in India.

Section 56(2)(viib) After Finance Act 2023: Impact on Foreign Investments in Startups

Posted by Vivek Jalan 20 May 2026 133 Views

Analysis of amended Rule 11UA and Angel Tax provisions under Finance Act 2023 covering NRI investments, startup exemptions, safe harbour rules, and valuation methods.

TCS on Foreign Remittances Deferred to October 2023: Key Changes Explained

Posted by Vivek Jalan 15 May 2026 155 Views

Understand the latest TCS rules on foreign remittances and overseas credit card spends under Section 206C(1G). Learn about revised rates, Rs 7 lakh threshold, CBDT Circular 10/2023, exemptions, and overseas tour package taxation.

Principle of Mutuality and Club Taxation: What the Secunderabad Club Ruling Means

Posted by Vivek Jalan 14 May 2026 150 Views

Can NGOs and clubs claim mutuality exemption on non-member income? Explore the Supreme Court ruling in Secunderabad Club and taxation of interest income under the Income Tax Act.

ITA 2025: Can Mere Suspicion Trigger Seizure? Karnataka HC's Xiaomi Verdict Explained

Posted by Vivek Jalan 11 May 2026 700 Views

Can mere suspicion trigger seizure of foreign assets? Explore how Section 247 of ITA 2025 links with the Black Money Act, the Karnataka HC's Xiaomi ruling, and the legal framework behind foreign asset seizure.

Machinery Seizure & EPCG Default: Landmark Ruling by CESTAT Hyderabad Bench

Posted by Vivek Jalan 01 May 2026 38 Views

The M/s Sri Havisha Hospitality & Infrastructure Ltd vs Commissioner of Customs, Hyderabad ruling by CESTAT Hyderabad clarifies that export obligation failure under EPCG due to machinery seizure is an act of impossibility not willful default impacting penalties, confiscation, and duty computation.

Filing Appeals Before GSTAT? Avoid These Critical Mistakes from a Landmark Case

Posted by Vivek Jalan 29 April 2026 1389 Views

GSTAT appeal filing explained: Key lessons from Manobendra Ghoshal case on jurisdiction errors, 20% pre-deposit, timelines, and essential strategies taxpayers must follow before Tribunal proceedings.

Section 2(47)(v) & Capital Gains: Determining the Year of Transfer in Property Transactions

Posted by Vivek Jalan 27 April 2026 1296 Views

Understand when capital gains on immovable property are taxable if payments are made in instalments. Learn how possession, not payment or agreement date, determines the year of taxability and indexation, with insights from the Archean Realty Pvt. Ltd. vs DCIT ruling.

Affiliation Fees Under GST: Relief for Universities or Continuing Litigation?

Posted by Vivek Jalan 25 April 2026 118 Views

The Rajasthan Technical University vs Union of India ruling clarifies that university affiliation fees, being statutory levies, may fall outside GST as they are not "consideration" for business activities, though conflicting views like Bharathidasan University vs Joint Commissioner of GST keep the issue unsettled.

Rule 21AGA Introduced: Form 10-IEA Mandatory for Switching Tax Regimes from AY 2024-25

Posted by Vivek Jalan 24 April 2026 1093 Views

CBDT Notification 43/2023 introduces Rule 21AGA and Form 10-IEA for switching between old and new tax regimes from AY 2024-25. Learn updated rules on exemptions, perquisites and depreciation under Section 115BAC.