Grant Thornton Tax Podcast – June 2020

About TaxPod

The Indian tax and regulatory space is changing at an unprecedented rate. We are witnessing policy announcements, legislative changes, judicial precedents and clarifications almost daily. This has made it challenging for corporate professionals to stay abreast of relevant developments. The aim of the TaxPod series is to keep you updated with key tax and regulatory developments of the past month, in under 5 minutes.

What's new

  • AAR rejects application related to transaction designed prima facie for tax avoidance, ignites debate  
  • Revised format for tax credit statement i.e., Form 26AS notified
  • 40th GST council meeting recommends relief to taxpayers
  • Clarification on applicability of GST on director’s remuneration

Hear the June edition of Tax podcast here: