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The Andhra Pradesh High Court has held that the interest and penalty, recovered by a foreman, in relation to default in payment of installments...

Observing that statutory provision contained in the principal legislation that is Section 74(5) of the CGST Act, 2017, is mandatory, the Allahabad High Court has held that the use of the word ‘may’ in Rule 142(1A)...

To decode the tax fine-print, a seminar on Union Budget, 2020 was organized by Vaish Associates Advocates in conjunction with Taxsutra on Tuesday, February 4, 2020 at Hotel ‘Le Meridien', New Delhi.

The Supreme Court has ruled on whether the assembly of imported photocopier modules in warehouses constitutes 'manufacture' under the Central Excise Act, examining the distinction between customs duty classification and excise duty liability. This case addresses the critical question of when simple assembly operations cross the threshold into manufacturing activity for tax purposes.

In an attempt to curb tax evasion and avoid tax leaks, the government introduced GAAR (General Anti-Avoidance Rules) with effect from 01 April 2017.

The GSTAT Bench at Varanasi examined whether choosing a longer route to avoid difficult terrain constitutes tax evasion, particularly when a taxpayer enters another state without delivering goods there. The tribunal analyzed the validity of transportation documents and the taxpayer's intent in route selection under GST law.

In a recent judgment (CIT vs. Chemech Laboratories Limited), the Madras High Court has held that where consideration is paid for all aspects of a transaction (with non‑compete covenants)...

The Hon'ble Finance Minister presented the Union Budget 2025 on 01 February 2025 in the Lok Sabha.

One of the key issues before the Ld. Madhya Pradesh Electricity Regulatory Commission (“MPERC”) was whether MB Power was entitled to gross-up its Return on Equity (“RoE”) notwithstanding the fact that, at the corporate level, it had not paid income tax during certain years owing to losses and unabsorbed depreciation arising from its other businesses. MPPMCL opposed the claim, inter alia, on the grounds that the claim was barred by limitation and that grossing-up could not be permitted in the absence of actual tax payment by the corporate entity.

CBDT vide press release dated September 25, 2025 provides relaxation by extending the time limit for furnishing the Report of Audit, prescribed to be filed under any provisions...

In a significant development, the Indian Finance Minister introduced few sweeping investor friendly tax amendments to the Income-tax Act, 1961. Effective from FY 2019-20, these include:

Under India GST Law, importer in India was required to discharge GST under reverse charge on deemed value of ocean freight services under any CIF (i.e. Cost, Insurance and Freight) contract of import.

On 30 July 2018, the constitution bench of the Supreme Court of India, in Commissioner of Customs (Import), Mumbai (Appellant) v Dilip Kumar and Company & Ors. (Respondent) [Civil Appeal No. 3327 OF 2007], ...

The Calcutta High Court has ruled on a critical distinction in GST proceedings regarding the timing requirements for demand orders under Section 73 of the CGST Act. When an order is digitally signed within the limitation period but uploaded to the portal after the statutory deadline, does this constitute a valid issuance or a procedural violation that invalidates the demand?

Under the Intergovernmental Agreement (IGA) signed between India and the USA, financial institutions are required to undertake due diligence and reporting requirements in accordance with the Foreign Account Tax Compliance Act (FATCA) Law.

The Madras High Court has delivered a significant ruling on the constitutional limits of the GST Council's authority, specifically addressing whether this body possesses the power to ratify notifications issued by the Central Government under the CGST Act. The judgment examines the scope of powers available to constitutional and statutory bodies, establishing critical precedents for tax administration in India.

As infrastructure takes center-stage in the Indian growth story, InvITs are increasingly seen as tax optimized monetization vehicles. InvITs, once introduced as a bond proxies, are now no longer mere annuity products.