3,448 results found

A fair amount of work is under way amongst financial intermediaries in preparing income tax returns for filing in India.

The AAR clarified that no ambiguity persisted regarding the applicability of GST on educational services.

In a breather to the industrial realty leasing sector, the Gujarat High Court has passed a landmark judgement in the case of Gujarat Chamber of Commerce and Industry & Ors. Vs. Union of India quashing 18% GST on transfer of leasehold rights on industrial land.

The CESTAT Chennai examined whether importing electric vehicle components separately over time constitutes importing in CKD (Completely Knocked Down) form, which would affect customs duty eligibility. The tribunal analyzed whether disparate imports of parts like frames, motors, and controllers—imported through multiple bills of entry without batteries—could be aggregated to claim they formed complete vehicle kits.

As a part of its ongoing effort to ease relations with foreign countries with regards to the prevalent taxation system, India had recently signed a Double Taxation Avoidance Agreement on February 17, 2018 with Iran, ...

The Taxation Laws (Amendment) Bill, 2021 ("2021 amendment") passed by the Lok Sabha will undo the retrospective taxation introduced by the Finance Act, 2012 ("2012 amendment").

The Supreme Court has directed the Goods and Service Tax Network (GSTN) to open GST portal for filing Tran-1/Tran-2 from September 1, 2022 to October 31, 2022.

The Madras High Court has rejected the submission of the Revenue department that for distribution of Input Tax Credit under...

The Appellant, a registered GST dealer, had received both, interstate and intra-state, inward supplies of goods during FY 2017-18.

Union Budget 2023-24, unveiled by India's Finance Minister Nirmala Sitharaman on February 1, 2023, has brought about several changes to India's GST regime. A brief summation of the important changes is as follows:

Gross and Net GST revenue collections for the month of June, 2025.

The taxpayer whose aggregate turnover is INR 1 billion or more is required to generate IRN at the E-Invoice portal for all the eligible document type...

The GSTN team has released Gross and Net GST revenue collections for the month of January 2026. The detailed report may be viewed here.

The Union Budget 2024 represents a pivotal moment in India's economic journey. The new government has presented a detailed roadmap for India's burgeoning future that would further solidify India's position on the global stage.

The Goods and Services Tax (GST) regime, a pivotal reform in the nation's taxation structure, has evolved over the last seven years.

In the recent Order dated 04.09.2017 given by the Coordinated Division Bench of the Hon'ble Delhi High Court, namely Justice S. Murlidhar and Justice Prathiba M. Singh ...

From the Assessment Year 2019-20 and onwards the forms for filing Income Tax Returns have been changed. There is substantial amount of additional information is required from specific category of persons including