Flipkart’s attempt to avoid GST on delivery charges by positioning itself as a Goods Transport Agency has been rejected by the West Bengal Appellate Authority. The panel ruled that Flipkart’s structure was a “legal fiction” rather than a genuine GTA service, citing its highly organized logistics setup, which the authority said did not qualify for the proposed GST treatment.
India’s new Income Tax Return forms have removed ITR-1 and ITR-4, forcing US 401(k) and other overseas pension account holders to file ITR-2 or ITR-3 instead. The update is meant to streamline reporting of foreign assets and income, consistent with existing disclosure expectations. A tax deferment option remains available through Form 10-EE.
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