The assessee was engaged in the business of manufacturing goods and providing services.

Session Theme: To review the Regulatory framework, Opportunities and Challenges for doing business in Portugal & India

Section 10(4E) of the Income-tax Act, 1961 provides for tax exemption on income accruing or arising to or received by a non-resident as a result of transfer of non-deliverable forward contracts entered into with ...

On 6 April 2022, the Central Board of Direct Taxes has changed the Income-tax Rules, 1962, as amended (IT Rules) to enable infrastructure debt funds as companies ("IDFs")...

The post-pandemic era will define how we conduct business and inherently shape our economy. With nations battling the largest healthcare crisis of recent times, the global economy has suffered.

The end of February 2015 saw the unveiling of the first full-fledged Annual Budget by the Finance Minister, Mr. Arun Jaitley.

In this edition, we cover India's transactions arena in 2019.

The Indian Government had approved a Production Linked Incentive (PLI) scheme for White Goods (PLIWG Scheme) on 07 April 2021, as part of the ambitious ‘Atmanirbhar Bharat' initiative.

In the Union Budget 2020-21, amendment has been proposed to be made in Section 140 and Section 288 of Income Tax Act, 1961 in order to give power to the Interim Resolution Professional/Resolution Professional ...

With the mandate to improve ease of doing business in India; the Central Board of Excise & Customs has notified Circular No 187/6/2015-Service Tax dated 10 November 2015 (Circular) directing speedy disposal of pending refund claims.

The Bombay High Court has held that interest and penalty are not leviable on IGST not paid on imports, before the amendment to Section 3(12) of the Customs Tariff Act...

India has been using fiscal incentives for promotion of sectoral growth for more than 50 years.

As per the Economic Survey, the agriculture sector contributes approximately 16% of the country's GDP for FY24 at current prices and supports about 46.1% of the population.

On 3 February 2017, while addressing separate sessions, the Finance Minister and the Revenue Secretary set specific timelines for the introduction of Goods and Services Tax (GST) Draft Laws...

CBDT vide press release dated September 25, 2025 provides relaxation by extending the time limit for furnishing the Report of Audit, prescribed to be filed under any provisions...

With the intent to reduce the direct tax litigation pending before various courts / appellate forums [i.e. the Supreme Court or High Courts or Income Tax Appellate Tribunal or Commissioner of Income Tax (Appeals)], ...

In a significant development, the Indian Finance Minister introduced few sweeping investor friendly tax amendments to the Income-tax Act, 1961. Effective from FY 2019-20, these include:

Under India GST Law, importer in India was required to discharge GST under reverse charge on deemed value of ocean freight services under any CIF (i.e. Cost, Insurance and Freight) contract of import.

The Central Board of Direct Taxes (CBDT), via its press release under the e-Verification Scheme-2021, implemented an "on-screen functionality"...

The Supreme Court, through its judgment dated 24.02.2026 in S. Rajendran v. The Deputy Commissioner of Income Tax...