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The documents showed that the sale deed was executed on March 11, 2024. Gameskraft Technologies Private Limited paid a stamp duty of Rs 6.3 crore for the transaction along with a registration fees of Rs 50,000.
Further hearings on this issue are now expected once the Supreme Court resumes sittings after its summer break in July.
A two-part summary of India’s goods and services tax law changes in 2023 concludes as Raghavan Ramabadran, Sahana Rajkumar, and Derlene Joshna of Lakshmikumaran & Sridharan explain the taxation of services provided between branch offices
The GST department has also undertaken to file a transfer petition seeking transfer of all cases pertaining to the same issue of law from various high courts to the Supreme Court
The online gaming market in India is expected to slow down to a 15% compound annual growth rate (CAGR) till FY28, compared to the 28% CAGR over FY20-23. The real money gaming sub-segment's revenue share may fall to 75.4% by FY28 due to legal amendments.