1,383 results found

Earlier this year, the Finance Act, 2015 had brought about the much awaited tax relief for domestic funds industry by granting a tax pass through status to Category I and II AIFs....

In view thereof and the reasoning mentioned above with regard to income from sale of equipment, the Tribunal held that the business income earned by the assessee from the sale of designs and drawings was also not liable to tax in India both under the provisions of the Act and DTAA

The Supreme Court has in its Judgement dated 14 August 2025 upheld the Delhi High Court decision which had declined to interdict the summons issued by the Central GST authorities pursuant to a search...

The Finance Act, 2017 amended the provisions of section 10(38) of the Income-tax Act, 1961 (IT Act).

The Delhi High Court has ruled on a critical procedural question regarding the applicability of the 10% pre-deposit requirement for GST penalty appeals. The case examines whether amendments to Section 107(6) of the GST Act apply retrospectively to show cause notices issued before October 1, 2025, and explores the principles of vested appellate rights in tax proceedings.

India's latest phase of tax reform, popularly called GST 2.0, marks one of the most ambitious recalibrations of indirect taxation since 2017.

Post investigation, the company was directed to pay service tax as determined by the departmental representatives. All the companies paid the said amount so determined along with filing an application u/s 73(3) of the Finance Act, 1994.

The constitutional validity of levy of Entry Tax has been a matter of constant hue and cry amongst the trade.

The Delhi High Court vide recent judgment in the case of Clifford Chance Pte Ltd ("taxpayer") has recorded illuminating findings on the issue of constitution of Service Permanent Establishment ("PE"), which will have significant bearing on assessment of tax positions taken by foreign taxpayers.

We are pleased to present the latest edition of Tax Street – our newsletter that covers all the key developments and updates in the realm of taxation in India and across the globe for the month of July 2020.

We are pleased to present the November issue of SKP Global Updates – our newsletter that covers employment, payroll, Goods and Services Tax (GST)/Value Added Tax (VAT) ...

The last decade has witnessed an exponential rise in the start-up ecosystem in the country. While the COVID-19 outbreak and the effects of the lockdown...

The Finance Act, 2017 had made it mandatory for individual taxpayers to quote their Aadhaar number or Enrolment ID of Aadhaar application form for filing tax returns in India.

The good and simple regime of GST is witnessing a great spur in cases involving fake invoicing to pass on fake Input Tax Credit (‘ITC').

Over the years, India has made significant changes to its domestic tax law to ensure that it receives its fair share of tax from the digital economy.

The GST Council during its 39th meeting, held on 14 March 2020, decided that a special procedure should be prescribed for corporate debtors undergoing the corporate insolvency resolution process under the provisions IBC ...

The provision of Tax Collected at Source (as opposed to Tax Deducted at Source) was initially introduced in the Income Tax Act, requiring the sellers of motor vehicles to collect tax at source (TCS) at the rate...