August is an important month for SBS. We have completed 11 years on August 3^rd, this year. On this occasion, I thank everyone who helped us to be in the current stage. I wish everyone would support in the unconditional way as supported till date.

In this edition, the final part on the GST side which deals with the vires of Rule 117 which prescribes the time limit for availment of transitional credit. Apart from the above, we have covered another important aspect dealing with taxation of partner/firm at the time of retirement, dissolution and contribution of asset to the firm. This is a two part series and I recommend everyone to read both the parts to drive home the point.

Read more: SBS Wiki E Journal Aug 2020

In this edition, we cover the final part of the taxation of gains arising from alienation of shares of Flipkart Singapore by Tiger Global Holdings. We also deal with final part of the recent UK Supreme Court judgment in the matter of Martin Fowler and apply the rationale delivered therein to Indian context. We also deal in this edition, the second part on the GST side which deals with the vires of Rule 117 which prescribes the time limit for availment of transitional credit.

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.

In this edition, we cover the second part of the taxation of gains arising from alienation of shares of Flipkart Singapore by Tiger Global Holdings. We also deal with the recent UK Supreme Court judgment in the matter of Martin Fowler and apply the rationale delivered therein to Indian context. This is also two part series and I urge everyone to read both the parts to comprehend the issue. We also deal in this edition, the most important part on the GST side which deals with the vires of Rule 117 which prescribes the time limit for availment of transitional credit. This is a three part series, which I urge everyone not to miss all the parts for better understanding of the issues.

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.

In this edition, we bring you two articles. The article on refund claim of transitional credit is quite an interesting issue. The second article is part of three article series which deals with the taxation of gains arising from alienation of shares of Flipkart Singapore by Tiger Global Holdings. I urge all the readers to read all the parts to comprehend the issue involved.  

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.