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...

When India amended its tax treaties with Mauritius ("Mauritius Treaty") and Singapore ("Singapore Treaty") in 2016 in order to provide for source-based taxation of capital gains on alienation of shares...

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 COVID-19 pandemic continues to pose several challenges to the domestic as well as international economic and commercial market.

The post-pandemic era will define how we conduct business and inherently shape our economy.

The e-commerce boom and build-up of online sales, has opened up a massive opportunity for the online service providers/aggregators.

The textile and apparel sectors can be referred to as one of the backbones of the Indian economy. It is the single largest instrument based on consumer needs, right after food.

In the first episode of the Tax Podcast series, Maulik Doshi discusses Base Erosion Profit Sharing 2.0 where he explores the different aspects of OECD Pillar One, Pillar Two framework, and the G7 Deal.

With respect to the direct tax proposals, the budget has stipulated streamlining of income tax return filings with electronic verification and provision for quick refund mechanism (within 24 hours).

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.

The taxpayer is a private discretionary trust, which was settled for the exclusive benefit of the members of the promoter family.

In view of the issues faced by exporters, the Government of India has notified supplies which would qualify as deemed exports and the concessional duty rates for the last leg of supply made to exporters when such goods are being exported as such.

Mumbai Income Tax Appellate Tribunal in the case of Praful Chandaria, dealt with the issue of taxability of consideration received by the assessee pursuant to grant of call option in respect of shares of an Indian company.

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...

The government vide press release dated 18 October 2018 had clarified that the last date for availing ITC in respect of invoices or debit notes relating to the period of July 2017 to March 2018...

"Explanation 4‟ is to be inserted retrospectively from 1st April, 1962 whereby the expression „through‟ used in section 9(1) shall mean and include "by means of" "in consequence of" or "by reason of".

Promoting digital economy and demotivating cash transactions was one of the key agendas in the Union Budget 2017 presented by the Finance Minister.

The income tax department has recently decided to scrutinize many start-ups and unlisted subsidiaries of Indian companies as well as multinational companies.

In a recent development, the compliance norms for wealth tax purposes in India have been amplified