Articles by Akshay Parakh

GST Implications on Write-off of Unclaimed Creditors' Balances

Posted by Akshay Parakh 23 September 2025 8420 Views

The Haryana AAR has ruled that writing off unclaimed creditors' balances does not attract GST, as it is not a "supply" under the CGST Act, 2017. This article explains the implications for Input Tax Credit (ITC), risks of double taxation and key takeaways for businesses managing GST compliance.

Digital Advertising Tax: GST & Income Tax Explained

Posted by Akshay Parakh 09 March 2021 10414 Views

Understand the tax implications of digital advertising services in India. Learn about GST, Equalisation Levy, and Income Tax for businesses and creators.