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In Hyatt International Southwest Asia Ltd Vs Additional Director of Income Tax (2024 SCC OnLine Del 6546), a Full Bench of the Delhi High Court held that a Permanent Establishment...

From 1 October 2023, online gaming companies are required to charge a 28% Goods and Services Tax (GST) on the full value of bets. In addition, foreign online money gaming companies (FOMGCs) are required to register for GST and collect tax in India.

The payment of the compulsory pre-deposit of 10% of the disputed amount of tax while filing an appeal under the tax regime has always been a much-debated issue.

In a significant relief for corporates undertaking restructuring exercise, the Delhi High Court in case of Coforge Limited (formerly known as NIIT Technologies Ltd) vs. ACIT: ITA Nos.213- 214/2020...

COVID-19 has brought entire world to a standstill. In order to boost the economy, various countries have doled out stimulus packages.

In order to encourage digital transaction and move towards a less-cash economy, section 269SU in the Income-tax Act, 1961 (‘IT Act') was introduced by the Finance (No. 2) Act, 2019.

Externalization is the strategy of incorporating holding companies in offshore jurisdictions for tax optimization and operational stability.

The inception of Goods and Services Tax (‘GST') marked a monumental shift in the taxation paradigm, consolidating various indirect levies into a singular levy.

The Petitioner had challenged the proceedings initiated by the Department for denial of refund claims by invoking Rule 89(4B) of the CGST Rules, 2017. Rule 89(4B), along with Rule 96(10), was omitted by Notification No. 20/2024-Central Tax dated 08 October 2024, without any saving clause preserving pending proceedings. 

The Tourism industry has been one of the largest contributors to India's GDP in recent years increasing from a share of 6.70% in 2017 to 9.20% in 2018.

In the Ayodhya Rami Reddy Alla (the "Taxpayer") case, the Telangana High Court (the "THC") held that, while considering a tax avoidance device, the proper way to construe a taxing statute...

The Income Tax Appellate Tribunal, New Delhi delivered a landmark judgment in the case of Honda Siel Power Products Ltd. v. DCIT pronounced on April 17, 2018 wherein the ITAT has added clarity to the position ...

Applicant, an Indian tax resident, is a wholly owned subsidiary (WOS) of a UK company namely Centrica Plc, UK.

The Income Tax Appellate Tribunal , in the case of Emami Infrastructure Limited v ITO Ward 12 (1) Kolkata, has upheld the capital gains tax exemption to a company arising on transfer of capital assets...

Cross-border M&A transactions routinely involve offshore holding structures. A typical exit involves selling shares in a foreign holding company whose value is substantially derived from operating businesses in another jurisdiction, such as India.

The Appellant was engaged in the hotel business and imported various lighting and light fittings on 25.05.1999. The import was made under the Export Promotion Capital Goods (EPCG) Scheme...

It is peculiar to note that the tax authorities have challenged non-withholding of tax even when the transaction resulted in a capital loss to the Cypriot seller and thus, no taxable income arose in the hands of the Cypriot seller.