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Delhi Tribunal had an occasion to discuss the long-lasting debate over the applicability of the Double Tax Avoidance Agreement (DTAA) rates to the additional income tax levy...

Form GSTR 2A could not be made available to taxpayers on the common portal during the initial stages of GST implementation.

The HC dismissed the writ petition on all grounds.

The scourge of ‘black money' has been a persistent issue for India, becoming a major political issue in the recent past.

Vouchers have been a popular mode of gifting in this era, considering the ease of their purchase and redemption.

GST has completely revamped the indirect tax arena in India. As promised, it has reduced the levy of multiple taxes, and promoted transparency to a great level by reducing human intervention.

In a recent judgment passed in the case of Grid Solutions OY (Ltd) vs ACIT, the Delhi High Court has ruled on the question whether findings of survey...

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 India and across the globe for the month of October 2024.

The sale of a business as a going concern, long treated as a commercial strategy, is now legally enshrined in Indian insolvency and corporate law. It reflects a doctrinal evolution in which liquidation serves not as terminal closure but as a bridge to continuity.

The e-invoicing system initially applies to Business to Business (B2B) and Business to Government (B2G) transactions.

The Government had a vision of bringing about the simplification of tax laws, and it initiated many reforms in direct and indirect taxation regimes, towards this objective.

High Court holds that the transfer of business as a going concern is not a taxable supply under GST, recognises such transfer of business between two distinct GST registrations of the same legal entity, and permits transfer of unutilised input tax credit.

The key issue which needs further deliberation is that whether the positions captured in the Circular are merely clarificatory in nature or are substantive changes to the legal position.

The Supreme Court reversed the decision of the Mumbai Tribunal wherein the demand of Service Tax had been dropped on the ground that "once the design imported and cleared in paper form are assessed as ‘goods' by the Customs Authority...

While presenting the Government's Budget for financial year 2020-21, Hon'ble Finance Minister of India (Hon'ble FM) in her budget speech had announced that government will come out with a tax dispute resolution scheme ...

The Indian Courts/Tribunals have pronounced several judgements on varied issues relating to Corporate and International Taxation in July.

Diageo India Private Limited (the taxpayer) is a wholly owned subsidiary of Selvic Netherlands BV, which is a part of Diageo group. The taxpayer is engaged in the business of manufacturing and distribution of alcoholic beverages.