319 results found

The Lok Sabha has passed the Taxation & Other Laws (Amendment) Bill, 2026 (‘Amendment Bill’). The said Amendment Bill replaces the Income-tax (Amendment) Ordinance, 2026 which was earlier passed on 5 June 2026 and also proposes other amendments to the Income-tax Act, 2025 (‘the Act’), the most notable amendment being in respect of taxation of unitholders and SPVs of business trusts.

The Delhi High Court's recent ruling in the Ernst & Young U.S. LLP case has reignited the debate over cross-border employee secondments, determining that reimbursed salary costs constitute taxable technical services rather than mere fiscal pass-throughs. This decision, which closely mirrors the foundational Centrica India Offshore precedent, establishes that seconded employees who retain employment liens and social security benefits with their overseas entities remain employees of the foreign entity, thereb

Investments by the foreign investors in India through the Mauritius route has always been a contentious issue, from the Indian taxation perspective.

High Court sets aside section 197 order due to absence of prima facie evidence of tax avoidance ...

Despite the huge success of the inaugural edition of the Formula One Grand Prix of India held in October 2011 and of the two iterations thereafter in 2012 and 2013 respectively...

The introduction of Section 194T by the Finance (No. 2) Act, 2024 in the Income-tax Act, 1961 (‘Act'), represents a pivotal shift in the tax regime governing payments...

They may either set up a Liaison office or a Branch office or a subsidiary Company or a Joint Venture Company in India.

The Authority for Advance Rulings (AAR) recently issued two verdicts in case of different companies of the same group dealing with the availability of capital gains exemption in India under the India-Mauritius Tax Treaty.

Explore key Indian tax rulings on FDI policy amendments for land-border countries, share buyback taxation under section 56(2)(x), tenancy rights in property redevelopment, and transfer pricing safe harbour rules. Discover how recent tribunal decisions impact corporate restructuring, foreign exchange compliance, and depreciation on goodwill from intra-group amalgamations.

For NRIs managing wealth across borders, taxes are often the single biggest hurdle on returns.

Recently, in the case of Production Resource Group, the AAR held that the payments received for providing technical equipment and lighting services for commonwealth games in India constitutes...

Between October 2011 to April 2015, the Applicants invested in the shares of Flipkart Private Limited, a company incorporated in Singapore (Flipkart).

Direct Tax, 'Vivad se Vishwas' Bill, 2020 (scheme), which was introduced in Lok Sabha on 5 February 2020 faced various concerns from stakeholders on the limitations of the scheme.

The requirement to account for Value Added Tax (VAT) on services received from abroad has been deferred until further notice.

India is a signatory to the Multilateral Convention to Implement Tax Treaty Related Provisions to Prevent Base Erosion and Profit Shifting ("MLI").

Recently, Mumbai bench of the Income-tax Appellate Tribunal ("the Tribunal") in the case of Bank of India vs ACIT (ITA No.869/Mum/2018) vide order dated 04.03.2021 examined the claim of...

Huge relief to taxpayers in terms of providing for procedural mechanisms to effectuate foreign tax credit as envisaged under the Income Tax Act and Double Taxation Avoidance Agreements.