Budget Implications on the Landmark Judgement of Safari Retreats

In the Union Budget 2025 many changes were proposed in the direct as well as indirect taxation. Out of the changes proposed in the indirect taxation, one of the significant change is that there has been an amendment in the clause (d) of section 17(5) which has had a major impact on the landmark judgement pronounced by the Hon'ble supreme court in case of Safari Retreats. In this article we will discuss what the supreme court has pronounced in this judgement........................ Read More