1,383 results found

Determining the fair market value of unquoted shares may prove to be challenging for companies owing to choose the valuation method.

The Indian Economic Survey presents a detailed analysis of our economy's performance during FY 2025–26, reaffirming that India stands for stability...

Switzerland and India entered into a Double Taxation Avoidance Agreement (DTAA) on 2 November 1994, with subsequent amendments through protocols on 16 February 2000...

The Hon’ble Punjab and Haryana High Court (HC) in Jyoti Sareen vs. UOI & Others (CWP No. 15791-2024 (O&M)) (Order) held the retrospective amendments carried out vide the Finance Act, 2026, with respect to the powers of the Jurisdictional Assessing Officer (JAO) to issue a reopening notice under section 148 (Reopening Notice) of the Income-tax Act, 1961 (IT Act), as unconstitutional, being violative of the ‘doctrine of separation of powers’ and thus violative of Article 14 of the Constitution of India.

On October 8, 2021, a "landmark" deal was reached amongst more than 130 countries where the broad contours of Two Pillar Solution to Address the Tax Challenges arising from the Digitization of the Economy was finalised.

In a batch of writ petitions (Civil Writ Petition No. 2915/2019 and others), the Hon'ble Rajasthan High Court has held that the Benami Transactions (Prohibition) Amendment Act, 2016 is prospective in nature ...

In the instant case, during FY 2012-13, the Company had made certain payments which were subject to TDS.

As per the OECD Convention Model, 2017 the term resident of a country means any person who, under his native country is liable to tax therein by reason of his domicile, residence or place of effective management.

The intricacies of cross-border transactions could overwhelm, as the process has to be planned from the perspective of transfer pricing and double taxation. Imagine a business group operating with two associated group companies-one each operating Overseas and in India. While the overseas firm searches prospects, finalizes clients, and secures orders, the Indian arm offers software, technical, and operational support. Despite running separate operations, both companies are owned by the same promoters who own and run both businesses. From a business standpoint, this setup works quite well.

In the current tax environment, it is not uncommon for assessments to remain provisional for very long periods, sometimes even spanning several years.

The Indian Medical Association, Kerala State Branch ("IMA Kerala" or "Petitioner") is a registered society and the State unit of the Indian Medical Association.

The Central Board of Indirect Taxes and Customs (CBIC) issued various circulars to clarify the recommendations made in 53rd GST Council meeting.

On 3 August 2022, the Department of Revenue, Ministry of Finance issued its clarificatory Circular No. 178/10/2022-GST which primarily addresses the taxability of liquidated damages and penalty.

The Government has notified e-assessment (online assessment) scheme for conducting faceless scrutiny assessment of all the Income Tax returns.

India has instituted key reforms this year to ease the tax burden on start-ups and make it easier for domestic and foreign investors to contribute to their success.

Taxation of marketing and promotional services continues to be a vexed issue under GST Regulations.

Place of Effective Management (POEM) based residency has been made applicable from the Financial Year (FY) 2016-17 by the Finance Act, 2016.