Latest Blogs from SBS and Company LLP

    SBS Wiki E Journal Oct 2019

    In this edition, we bring you to quite a few interesting articles.

    The recent decision of Supreme Court in the matter of Calcutta Club Limited dealing with principle of mutuality qua the indirect taxes has a greater impact on taxation under GST regime. Hence, we thought of analysing the said judgment and tried to apply the essence to GST regime to understand the way forward for clubs.

    The next article is on the recent changes to tax rates for domestic companies. The said article captures the comparisons among different rates along with specific conditions.

    The article on ‘IBC vs RERA- IBC Wins’ is another blessing from the Supreme Court on the IB Code. The Supreme Court stating that remedies under IBC and RERA will be simultaneously available for a house owner makes the position of house owner more secure and stable.

    The article on ‘Ancestral Property vs Self-Acquired Property’ is also a daunting issue in the Hindu Law, which was quite a bit addressed by Supreme Court in the recent decision. I hope that you will have good time reading this edition and please do share your feedback. I will also urge clients to mail us topics or issues on which you want us to deliberate in our future editions, so that we can contribute to the same.

    I am also glad to announce that we have launched our mobile app ‘SBS Connect’ on the eve of completion of 10 years. Now, Wiki and other resources can be accessed through ‘SBS Connect’. Please use ‘SBS Connect’ to stay connected with us.

    Key Topics:

    GST

    • CONCEPT OF MUTUALITY - A REAL CONCERN

    DIRECT TAX

    • TAX RATE CHANGES FOR DOMESTIC COMPANIES

    RERA

    • CLASH OF IBC AND RERA - IBC WINS! - OTHERS

    OTHERS

    • ANCESTOR PROPERTY VS SELF-ACQUIRED PROPERTY
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