The interplay of tax laws, including Goods and Services Tax (GST) in India and Value Added Tax (VAT) in other jurisdictions, significantly impacts pricing structures, compliance obligations, and risk ...

ITAT Delhi quashes reassessment for AY 2016-17, ruling the AO obtained improper sanction from Principal Commissioner instead of Principal Chief ...

Hyderabad ITAT rules that TDS credit cannot be denied solely on account of sales returns. Rule 37BA misapplied when income is ...

Mumbai ITAT rules Section 263 cannot override AO's reasoned decision allowing 80G deduction on CSR expenses, citing consistent tribunal ...

Madras High Court held that bank account which is designated pension account is exempted from any attachment for recovery of dues and attachment of such account is in violation of the provisions of ...

Article explores concept of an open offer—its purpose, conditions under which it is triggered, and provides a detailed step-by-step guide to the process, in accordance with SEBI’s (Substantial ...

Hyderabad ITAT rules Ramalingeswara Swamy Temple's Section 11 exemption cannot be denied for delayed Form 10BB filing if submitted before assessment ...

Eight years on, India's GST faces persistent challenges including complex compliance, flawed ITC, and tech glitches. Discover the unfulfilled promises and needed ...

Mumbai ITAT ruled in Sanand Sankardas Vs ITO that reassessment proceedings initiated by a non-jurisdictional Assessing Officer against an NRI are invalid. The tribunal quashed the assessment order, ...

The Delhi High Court ruled that employers cannot prevent former employees from joining new companies, including clients, reaffirming the right to seek new ...

Pursuant to the amendment under Union Budget 2024, tax on buyback of shares transactions executed on or after 1st October 2024 shall be levied in the hands of shareholders, and not on the ...

Delhi CM advocates for a faceless GST system to streamline dispute resolution, reduce taxpayer burden, and enhance transparency for national economic ...