1,383 results found

Foreign companies in India are often subjected to a tax audit scrutiny by the Indian tax authorities to check if they have a Permanent Establishment in India and what will be the profits attributable to such a PE.

Over the last few years, there has been an increased use of technology by the tax authorities and taxpayers alike.

The Central Board of Excise and Customs, the Government of India, vide circular No. 186/5/2015-ST dated 05.10.2015, clarified the doubts raised by the All India Motor Transport Congress...

During AY 2021-22, the Assessee1 purchased 5.92 Cr. shares of IG3 Infra Limited(‘IG3') at INR 12.43 per share and 18.43 Cr. shares of ETL Power Services Limited (‘ETL') at the price of INR 14.30 per share on 08.08.2020.

‘Investment Subsidy in lieu of Net SGST of Haryana' notified under the Haryana Enterprises & Employment Policy,2020 (dated 29.12.20) – an attractive incentive scheme for various categories of enterprises...

Global trade has increased after the globalization and as a result of it, multinational companies has started operating in different countries with country specific taxation laws and rates.

Thereafter, the Assessing Officer filed an appeal before the second level appellate authority.

Recently, in the case of Thiagrarajan Kumararajan vs Union of India, the Madras High Court opined that Aadhaar number is necessary to file Income Tax returns.

The new popcorn taxes that India introduced while implementing the Goods & Services Tax has become a hot topic, on social media and amongst the general public. Critics oppose the GST tax for popcorn because it groups plain...

Bombay High Court held that the situs of a trademark assignment depends on the location of its owner, following the principle mobilia sequuntur personam.

The Finance Act, 2023 extended the applicability of Section 56(2)(viib) of the Income-tax Act, 1961 (the Act) even to the consideration received from non-residents in excess of Fair Market Value (FMV)...

Recently, the Mumbai Bench of the Income Tax Appellate Tribunal (Tribunal) delivered an interesting ruling in the case of Unnikrishnan V S v ITO [ITA Nos. 1200 and 1201/Mum/2018]

It has always been an issue under surveillance by the Income Tax Authorities in India to catch hold of transactions which amount to income accrued in India.

Since its introduction in 2013, Form 3CEB has served as primary Transfer Pricing ('TP') disclosure form in India. Taxpayers having international transactions or specified domestic transactions...

The Government of India overhauled the indirect tax structure and implemented the goods and services tax ("GST") many years ago but its execution especially with regard to transitional credit...

(a) The Appellant is engaged in providing services of renting of immovable property. The Appellant along with five co-owners hold proportionate share in property...

The Petitioner is engaged in the business of providing services with regard to international and domestic transportation of customer's goods, clearance, warehousing and allied services to its group entities outside India.