IPL, being a cash rich event, has always found itself in controversies including a recent one, on levying of taxes on the retailing of tickets.

On 30 July 2018, the constitution bench of the Supreme Court of India, in Commissioner of Customs (Import), Mumbai (Appellant) v Dilip Kumar and Company & Ors. (Respondent) [Civil Appeal No. 3327 OF 2007], ...

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...

The GST Council concluded their 9th meeting on 16 January 2017, resolving the most contentious issue of 'dual control' and setting a realistic timeline of 1 July 2017 for rolling out GST in India.

The Supreme Court of India recently in a significant ruling in Mineral Area Development v. M/S Steel Authority Of India & Ors, delivered by an 8:1 majority, clarified the powers of State Legislatures to tax mineral-bearing lands and mining rights.

For Assessment Year 2016–17, the taxpayer undertook a buyback of 1,90,097 equity shares at a consideration of INR 10 per share, aggregating to INR 19,00,970 which were cancelled as part of the buyback process.

The Central Board of Direct Taxes (CBDT) issued an office memorandum on 27 October 2025 to simplify the process followed after the finalization of a Mutual Agreement Procedure (MAP).

The Madras High Court has ruled on a significant Cenvat credit dispute involving the interpretation of 'within the factory of production' when intermediate products are stock-transferred between units of the same company. The decision addresses whether input credit on furnace oil used in manufacturing an exempt intermediate product can be claimed when that product is transferred to another unit for final dutiable goods production.

The Delhi High Court[1] (‘Delhi HC’) recently reaffirmed the settled legal principle that, in the absence of a specific statutory provision under the IT Act 1961, the income of a company cannot be taxed in the hands...

The Taxation and Other Laws (Amendment) Act, 2026 (Act No. 21 of 2026) received Presidential assent on 17 August 2026 and, save as otherwise provided, is deemed to have come into force from 1 April 2026.

The Indian startup ecosystem is undergoing a significant transformation, with reverse flipping gaining prominence. The Economic Survey 2022-23 highlighted favorable conditions for startups to relocate to India, supported by government initiatives.

We are pleased to present a significant GST update tailored to help you stay ahead in an ever-changing regulatory environment.

The Bombay High Court has set aside the show cause notice invoking the provisions of Section 122(1A) and Section 137 of the CGST Act, 2017...

This section provides an overview of the latest GSTN advisories, CBIC notifications, circulars, and other key regulatory updates.

The GSTN team has released Gross and Net GST revenue collections for the month of July 2025.

A sudden shift in the Goods and Services Tax rate sends ripples far beyond the statute book; it reaches every supermarket and kirana shelf, every warehouse and every e-commerce dark...

The Supreme Court of India delivered a significant judgment on October 17, 2025, in the matter of Pride Foramer S.A. (a non-resident French company) against the Commissioner...

In the backdrop of various redevelopment projects being carried out in the city of Mumbai, Bombay High Court in the landmark judgement of Sarfaraz S Furniturewalla Vs. Afshan Sharfali Ashok Kumar & Ors. held that no TDS under section 194I of The Income Tax Act, to be deducted from transit rent.

In line with the recommendations of the 53rd GST Council Meeting held recently, the Central Government has, in the Union Budget 2024 presented today (23 July 2024)...