1,383 results found

The Central Board of Direct Taxes issued an order dated 9th July, 2026, authorizing the Director General of Income-Tax (Systems) to upload financial data obtained via the Automatic Exchan-ge of Information (AEOI) framework into taxpayers’ Annual Information Statements (AIS) in Form No. 26AS. This directive requires that international financial information currently held for the years 2022, 2023 and 2024 be integrated into taxpayer records within 90 days of the order’s issuance.

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 a country in which family structures, business dynamics, and forms of wealth are evolving rapidly, private trusts are no longer used simply for asset protection or avoiding probate — their relevance lies in mitigating uncertainty and simplifying complexity.

Assessee is Hyatt International Southwest Asia Ltd, a company incorporated in UAE engaged in rendering hotel consultancy and advisory services from Dubai to hotels in the Hyatt Group of Hotels...

Tax authorities are solemn in their endeavour to keep pace with changing business models and technology trends.

The Finance Minister in the Budget Speech emphasized reducing the tax burden in India and making India an attractive destination for foreign investments.

A batch of writ petitions led by Maruti Enterprise challenged the constitutional validity of Section 16(2)(c) of the CGST Act, 2017 before the Hon’ble Gujarat High Court. The petitioners had been denied Input Tax Credit ("ITC") in cases where the supplier had failed to deposit the GST collected from them with the Government, despite the purchasers having paid the full invoice value including GST and having undertaken bona fide transactions.

In a landmark ruling, the Supreme Court of India has denied capital gains tax exemption claimed by Tiger Global International II Holdings, Tiger Global International III Holdings and Tiger Global International IV Holdings under the double taxation avoidance agreement between India and Mauritius on sale of shares of Flipkart Private Limited.

Cairn Energy PLC ("Cairn Energy") is one of Europe's leading independent oil and gas exploration and development companies and its dispute with the Indian government has recently been making...

Compulsorily Convertible Preference Shares (“CCPS”) are frequently used by companies to raise capital. Whether a mere accounting reclassification of CCPS from borrowings to share capital and securities premium as mandated under Indian Accounting Standards (‘Ind-AS’)— without receipt of any fresh consideration—can trigger taxation under section 56(2)(viib) of the Income-tax Act, 1961 (“the Act”)?

The COVID-19 pandemic has forced governments to take exceptional measures such as implementing mandatory lockdowns and restricting travel.

The February 2026 edition of Fox & Mandal's newsletter examines the FEMA (Guarantees) Regulations, 2026; joint insolvency proceedings; RBI's ‘high quality' infrastructure lending framework; IT Rules addressing AI and deepfakes; the restructured HVDLE framework; India's new shipbuilding schemes; and other changes in India's corporate, capital markets, infrastructure, insolvency, and banking sectors.

Government of India's flagship initiative met with an enlarged definition of startup under the purview of Startup India, Stand up India.

The transitional phase of the Carbon Border Adjustment Mechanism ("CBAM") regulation began on 1 October, 2023 with the first reporting

Following the ruling in Sudhir Menon HUF, allotment of shares to the taxpayer (an existing shareholder of a company)

All organisations should be aware of the latest tax policies made by the government; they should be informed about all the policies. And the organisation should follow this policy to avoid losses and improve its tax strategy

India’s civil aviation sector has, over the course of the past several months, found itself at the confluence of a geopolitical shock, a structural tax anomaly, and the most severe operational cost crisis its airlines...