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  • Article

    Reflections On GST Reconciliation Statement (GSTR 9C)

    The Central Board of Indirect Taxes and Customs (CBIC) has recently notified the final Forms for Annual Return (GSTR 9) and Reconciliation Statement (GSTR 9C).
    IndiaTax
    Amicus Legal
    Amicus Legal
  • Article

    Safe Harbour Rules Notified By The CBDT, For FY 2019-20 The Previous Rates To Apply

    Since its introduction in 2013, the Safe Harbour Rules have provided a window for taxpayers, wherein the income-tax authorities shall accept the transfer price under eligible circumstances.
    IndiaTax
    Nexdigm Private Limited
    Nexdigm Private Limited
Article

Search And Seizure – Premises Cannot Be Kept Sealed Under Section 67(4) After Search; Prohibition Order On Office Equipment Is Not Sustainable

The Gauhati High Court has ruled on the scope and limitations of sealing powers under Section 67(4) of the CGST Act, clarifying when tax authorities can seal premises during search operations. The judgment addresses whether sealing can continue after search completion and examines what types of items qualify as goods liable to confiscation under GST law.
IndiaTax
Lakshmikumaran & Sridharan
Lakshmikumaran & Sridharan
  • Article

    Tax Street - July 2019

    We are pleased to present the latest edition of Tax Street – our newsletter that covers all the key developments…
    IndiaTax
    Nexdigm Private Limited
    Nexdigm Private Limited
  • Article

    Tax Street - November 2019

    We are pleased to present the latest edition of Tax Street – our newsletter that covers all the key developments and updates in the realm of taxation ...
    IndiaTax
    Nexdigm Private Limited
    Nexdigm Private Limited
  • Article

    Tax Street - November 2020

    A flagship publication that captures key developments in the areas of Tax and Regulatory
    IndiaTax
    Nexdigm Private Limited
    Nexdigm Private Limited
  • Article

    Tax Tribunal Views Transactions Inter SE Group Entities As Sham, Disallows Set-Off Of Resulting Capital Loss

    The Income Tax Appellate Tribunal, Delhi in the case of Deputy Commissioner of Income Tax v M/s BS Infosolution Private Limited (ITAT Order dated 23 August 2018) rejected the taxpayer's claim ...
    IndiaTax
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Taxing Advertising And Marketing Spends

    Advertising, marketing and promotion (AMP) expenses incurred by an Indian entity may cause benefit to an overseas related party or an associated enterprise (AE).
    IndiaTax
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Transfer Pricing Adjustment For Excessive Marketing Expenses Taking A Twist In India

    The Delhi bench of the Income Tax Appellate Tribunal in a recent ruling in the case of Luxottica India Eyewear Pvt Ltd (ITA No. 344/Del/2017)...
    IndiaTax
    Nexdigm Private Limited
    Nexdigm Private Limited
  • Article

    Tribunal Upholds The Sanctity Of Corporate Gifts Made Pursuant To An Internal Restructuring Exercise; Quashes Revisionary Proceedings

    In a recent decision in the case of M/s Direct Media Distribution Ventures Private Limited v Principal Commissioner of Income Tax, the Mumbai bench of the Income Tax Appellate Tribunal while deciding on the issue ...
    IndiaTax
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Tax Tribunal Allows MAT Credit Upto The Appointed Date To The Demerged Company

    In a recent case, The Deputy Commissioner of Income-tax v TCS E-Serve International Limited dated 28 August 2019, the Mumbai Bench of the Income Tax Appellate Tribunal has allowed a demerged company to ...
    IndiaTax
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Government Notifies Self-certified GSTR-9C For FY 2020-21; No Annual Return For Small Taxpayers

    The government has issued Notifications to give effect to certain key amendments pertaining to GSTR-9 and GSTR-9C, which were introduced in the Union Budget 2021 based on the recommendations of the GST Council.
    IndiaTax
    Nexdigm Private Limited
    Nexdigm Private Limited
  • Article

    Supreme Court Refused To Reconsider The Position Of Tax Dues Under IBC

    In its recent judgment1, the Supreme Court rejected a review petition that sought to hold that the tax dues are not at par with secured creditors and will not find priority in the waterfall mechanism...
    IndiaTax
    Nexdigm Private Limited
    Nexdigm Private Limited
  • Article

    What Is An International Tax Advisor In India And What Is Its Function?

    If you are looking to do business across international borders, then you must first get yourself acquainted with the concept of international taxation. International taxation involves determination of tax for a business ...
    IndiaTax
    Asit Mehta & Associates
    Asit Mehta & Associates
  • Article

    What To Expect On The Tax Front In 2019

    The Year 2018 witnessed significant tax changes and reforms across the globe and India was no exception. The government intensified its steps towards increasing the tax base and took further measures to crack the whip on the parallel economy.
    IndiaTax
    Nexdigm Private Limited
    Nexdigm Private Limited
  • Article

    Bills Introduced In Parliament In The Budget Session, March-April 2025

    to make provisions for the transfer of rights of suit and all liabilities to the consignee named in a bill oflading and every endorsee ofa bill oflading...
    IndiaGovernment, Public Sector
    MCO Legals
    MCO Legals
  • Article

    Whether Document Obtained Under Right To Information Act Can Be Accepted As Evidence, After A Lapse Of 18 Years…

    One more question which arose before the Hon’ble High Court of Kerala was whether a block assessment can be completed without issuing a notice.
    IndiaLitigation, Mediation & Arbitration
    S&A Law Offices
    S&A Law Offices
  • Article

    Operational Control Over Hotels In India Creates Hyatt UAE's 'Permanent Establishment' In India

    In a landmark ruling on a foreign entity's taxable presence in India, the Supreme Court in Hyatt International Southwest Asia Ltd. v Additional Director of Income-tax, 2025 INSC 891 held that the existence of sustained, pervasive, and enforceable control ...
    IndiaMedia, Telecoms, IT, Entertainment
    Khaitan & Co.
    Khaitan & Co.
  • Article

    Service Tax On Renting Of Immovable Property To Educational Institutes

    Renting of immovable property to educational institutes will no longer be a service tax exempt service.
    IndiaReal Estate and Construction
    LexCounsel
    LexCounsel
  • Article

    An Economic Boost To Trigger A Self-reliant Nation

    The global economy has succumbed to the uninvited guest, COVID-19, which arrived at the beginning of the year and brought an onslaught of huge ramifications on the economy and businesses as a whole.
    IndiaStrategy
    Nexdigm Private Limited
    Nexdigm Private Limited
  • Showing 181–200 of 1383 results

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