accordance with the powers given under section 17 of the Income Tax Act, 1961, the Central Government has issued draft guidelines in respect of Employees Stock Options ("ESOs").

Today we are going to discuss the limitation period for issuing a notice under Section 148.

It is a common practice among certain pharmaceutical companies to provide drug samples to their stockists, dealers, medical practitioners, etc. free of cost.

The Petitioner was operating a coaching institute, Alpha-1 Tuition Classes and Hostel, without obtaining GST registration despite crossing the threshold for registration. During a search conducted by GST authorities under Section 67(2) of the Gujarat Goods and Services Tax Act [GGST Act] from 6 October 2023 to 10 October 2023, various documents were seized and statements were recorded.

Section 2(15) already provides that if a charitable or religious Trust carries on activity of trade, commerce or business, above a threshold level, the Trust will lose its exemption from Income-tax.

Today I'm going to discuss about the aspect of whether the income tax authorities initiate a proceeding of assessment or reassessment once the name of a company is struct off from the register of the companies.

Nexdigm is delighted to present to you a special webinar on Impact on Foreign Companies vis-a-vis Recent Change in Withholding Tax Rate.

We are pleased to share with you the video link of our web series #TaxMantra on the contemporary topic of "AAR to BAR - A Quantum Change".

#TaxMantra | Paradigm Shift In Reassessment Regime – A New Tangle? (Part-II) (Video)

Faceless Assessments - Laudable Initiative But Riddled With Challenges (Part 1) (Video)

Faceless Assessments - Laudable Initiative but Riddled with Challenges (Part-II).

The Central Board of Direct Taxes, Ministry of Finance issued Circular No. 12/2016, dated 30th May 2016, wherein the government has relaxed obligations on assessee to prove ‘irrecoverability of Bad Debts'.

A GST Café infographic on the passage of the 122nd Constitutional Amendment Bill in the Rajya Sabha.

GST Constitutional Bill, 2016 was passed by Lok Sabha on 8th August 2016 and received the assent from president on 8th September 2016 and has become the Law.

A majority of the present Indirect Tax (IDT) levies in India are expected to be subsumed by the Goods and Services Tax (GST).

The Central Board of Direct Taxes has received several petitions from various deductors requesting waiver of fee levied u/s 234E of the Income-tax Act.

The Indian Income Tax Act provides that a resident taxpayer is subject to tax in India with respect to its global income.

Realtors told to reverse transition credit.

Rohit Jain, partner, Economic Laws Practice, shares his views with Economic Times, about the tax department looking to levy 18% GST on executive salaries.

Arbitral award received by Fujitsu Ltd from the state-owned telecom operator (MTNL) was held by the Delhi Bench of Income Tax Appellate Tribunal (ITAT) to be NOT taxable in India [ITA No. 2607/Del/2022].