Team ALA Legal Archive

Transitional Credits: Whether retrospective amendment u/s 140 really nullifies Delhi HC Judgment of Brand Equity?

Recently Delhi HC held Rule 117 (1A) of CGST Rules as arbitrary, vague, and unreasonable. It was further held that timeline prescribed in CGST Rules is not sacrosanct Considering that no time limit is prescribed in CGST Act, Delhi HC held that transitional credit can be claimed up to 30.06.2020 (i.e. within 3 years from …

Challenges in commercial Contracts – Force Majeure, Indian & International Scenario and the learning

A Seminar was conducted by NIRC of ICAI on – “Challenges in commercial Contracts – Force Majeure, Indian & International Scenario and the learning” The following Topics were covered: – law on the subject – international response to the challenge – model contract clause suggested by International Chamber of Commerce – sample clauses in Power …

GST Aspects in Real Estate Sector

GST Aspects in Real Estate Sector In this webinar video recording following 5 transactions of Real Estate Sectors are Discussed : Joint Development Agreement (JDA) 1. Transfer of Development Rights 2. Construction Service to Landowner 3. Construction of Flats/Units by Developer intended for sale to Buyer 4. Sale of Developed Plots 5. Sale of Flat/ …