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Many entities may take recourse to the states offering lower stamp duty rate.

The Union Budget 2023 – 24 was expected to provide the guard rails for the Indian Economy amidst a global slowdown, and to avoid recessionary effects on the country.

One of the most important judgments on ‘works contract' taxability pre-2007 has been pronounced by a 5 Member Larger Bench of Delhi CESTAT on March 19, 2015.

In a recent order in Palak Khatuja v Union of India and others (WP(T) No. 149 of 2021), a single judge bench of the Hon'ble Chhattisgarh High Court has upheld the validity of reassessment notice issued under the old law ...

The GST Bill seeks to empower the Centre and States to concurrently levy tax on supply of goods and services.

The Bombay HC had, in the Gurdeep Singh Case, upheld the legality of online fantasy sports gaming in India as games that are preponderantly games of skill.

In Indian real estate practice, there is a widely-held belief that once a sale deed is registered, the transaction is complete and the buyer acquires the absolute, title to the property.

Traditionally, the taxation of business profits has been linked to a physical presence-based nexus rule. While this was sufficient in the brick-and-mortar economy, the rapid digitalisation of the economy...

The Supreme Court has clarified when the doctrine of 'change of opinion' applies in tax reassessment proceedings, examining whether mere production of documents satisfies the requirement of full and true disclosure.

CBDT, in exercise of powers conferred by section 295 of the Income Tax Act, 1961 (‘the Act'), through Notification No. 9/2025 dated January 21, 2025, prescribes certain conditions...

Undisputedly, the core recognition of the 101st Amendment is associated with the introduction of the GST which resulted in subsuming of a number of indirect taxes into a unified GST, levied by the Union Government and the State Governments.

The increasing digitalization has transformed the virtual world to an advanced level leading to the growth and development of the commercial sector.

We all have enjoyed playing with different ‘Toys' during our childhood and they are popular with children even today.

In the case of CIT vs. M/s Group ISM P. Ltd. : ITA No. 325/2014 (Del), the assessee had made payments to two UAE based companies, namely, CGS International, UAE and M/s Marble Arts & Crafts LLC, UAE, without any deduction of tax at source.

When a Multinational Enterprise (MNE) saves costs by relocating facilities from a high-cost jurisdiction to a low-cost one, it is considered location saving under transfer pricing terminology.

The Petitioner challenged the order confirming the demand for wrong availment of transitional credit amounting to INR 30,33,615/- along with interest and penalty under section 74 of Central Goods and Services Tax Act...

The Karnataka High Court in a recent order held that punishment provisions of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 cannot have a retrospective effect.