Discover and read the best of Twitter Threads about #taxlaw

Most recents (2)

1/9 As an Practitioner in Indian #GST laws, I'm sharing a simple yet comprehensive guide on the procedures involved in physical verification as per Rule 25.

A vital process to maintain transparency and ensure legitimacy. #TaxLaw #GSTLaw
2/9 Physical verification is initiated by issuing a notice in Form GST REG-26 by the proper officer.

The notice specifies a date for personal hearing and demands for necessary documents. #TaxLaw #GSTLaw
3/9 The concerned person has to be physically present at the premises during the verification.

A key principle as confirmed by Delhi High Court in the Bimal Kothari & M/s Curil Tradex cases. #TaxLaw #GSTLaw
Read 9 tweets
Exquisitely analyzed piece.

Trump lawyers laid false claim #Weisselberg-#TrumpIndictments were "fringe benefits" case.

Since then, DJT, Eric and Don Jr. have maintained that frame. So has much of the media!

Top #TaxLaw expert demolishes that framing.

justsecurity.org/77331/the-weis…
2. Paying a senior executive their income in wads of cash to avoid paying taxes is ... not a fringe benefit case.
3. Professor @DanielShaviro (the very top tax law expert who authored the article) also provides a list.

"The following items that the company paid for, on Weisselberg’s behalf, most emphatically do not fit the profile of potentially excludable fringe benefits":
Read 6 tweets

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