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The High Court of Delhi in its recent judgement of DIT Vs. Mitsui & Co. Ltd (ITA 13/2005)

The Union budget 2023-2024, being the last budget before the general election in 2024, was expected to be growth oriented with a large focus on manufacturing, infrastructure, capital expenditure, rural economy and ...

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...

Similar to other tax legislations, the issue of jurisdiction or multiplicity of the jurisdiction under the Customs Act has been in the news and before the Courts lately specifically in case of demand and recovery.

In this era of globalisation where jurisdictions are delimiting, taxability of an Intermediary is a tug of war in the Indian Indirect Tax System.

Recently the Bombay High Court has pronounced a very useful and interesting decision which will be greatly appreciated by FIIs investing in Indian debt instruments.

In any adjudication including under GST proceedings, a Show Cause Notice ("the Notice") plays a fundamental role as it is the first step in initiating proceedings.

Most businesses have become comfortable with UAE corporate tax filing by now.  The deadlines are on the calendar, the forms are familiar, and finance teams are well into the rhythm. What fewer businesses have stopped to check is whether the accounting software they're running can actually keep up with what's coming next.  This includes everything from transfer pricing schedules to the phased rollout of e-invoicing.  This guide explains what that readiness actually looks like for finance directors, SME owners, and compliance officers working through UAE corporate tax compliance right now.

The Income Tax Appellate Tribunal (Tribunal), Delhi bench in the case of Augustus Capital Pte Ltd [2020] (120 taxmann.com 325) (Taxpayer) ruled that the capital gain arising on transfer...

Recently, the NCLT rejected Ajanta Pharma Limited's scheme of amalgamation and arrangement between the company and its shareholder Gabs Investments Private Limited on the grounds of General Anti Avoidance Rules.

Karnataka HC rules that salary paid to the Foreign Nationals cannot be subjected to IGST as import of service where there is a direct employer–employee relationship...

Japanese Multinational companies often share their talent pool across borders and jurisdictions by secondment of Japanese nationals.

The automobile industry of the 20th century was dominated by western automobile manufacturers from the United States and other European nations.

The World Bank's annual ranking for ease of doing business brought a joy to the Indian Government when India was recognized to be amongst the top 100 countries.

Where the assessees opt to follow mercantile system of accounting, the income and expenditure are determined on accrual and provision basis and not actual payment according to Section 145 of the Act.

In a significant judgment that can have far-reaching ramifications concerning interpretation of Double Taxation Avoidance Agreements (DTAA), the Supreme Court of India, in a group of matters...

From the printing press to the digital revolution, humankind has been inclined to innovate first and plan later