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Hon'ble Prime Minister (PM) Mr Narendra Modi launched a ‘Transparent Taxation' platform on 13 August 2020 comprising faceless assessments, faceless appeals and a taxpayer's charter (Charter)

By way of a quick round-up, set out below are few key tax changes that will be / are proposed to be effective from 1 April 2017.

The Hon'ble Supreme Court (SC) delivered a common judgement in a batch of five appeals concerning the tax treatment of payment of non-compete fees in Sharp Business Systems v CIT, 2025 SCC OnLine SC 2892.

The Bangalore bench of the Income Tax Appellate Tribunal in a recent case of M/s Jupiter Capital Pvt. Ltd. v The Assistant commissioner of Income Tax (ITAT order dated 29 November 2018) has allowed the claim for capital loss ...

The increase in the number of large infrastructure projects in the country to meet the demand for development of infrastructure has led to a significant increase in the number of EPC contracts.

This ERGO intends to incapsulate recent clarification issued by Central Board of Indirect Tax & Customs (CBIC) with respect to taxability of personal and corporate guarantee provided to a Company under Goods and Services Tax (GST) law.

The GAAR provisions were introduced in 2017 and are a powerful weapon in the hands of the tax authorities to challenge a transaction on the basis of lack of commercial substance or lack of bona fides.

In a first ruling on the issue, the Income Tax Appellate Tribunal, Mumbai in the case of Legatum Ventures Limited [ITA No. 1627/2022], ruled that capital gains on sale of unlisted shares...

The Chandigarh bench of the Income Tax Appellate Tribunal (ITAT) in its recent decision in the case of Electra Paper and Board Pvt Ltd v. ITO [ITA NO.222/Chd./2021] has held that for computing the fair market value of the shares of a company, ...

In a landmark decision, the Gujarat High Court vide its order dated 23 January 2020, in Mohit Minerals Private Limited v Union of India and Another [Special Civil Application No 726 of 2018] and other connected petitions, ...

On November 25 2016, the provisions of the Sick Industrial Companies (Special Provisions) Repeal Act, 2003 (SICA Repealing Act) were notified with effect from 1 December 2016.

The Circular is a much awaited and welcome move by the regulator to ease the difficulties faced by the listed companies in meeting the MPS Requirement.

Earlier, in case of any defective, deficient, or incomplete applications filed by a company for voluntary removal of name, from the register of companies, such applications were rejected...

In its recent judgment in the case of Grasim Industries Limited v Employees Union and Others [Writ Appeal Number 100250 of 2021] (Grasim Industries)...

If the DISCOMs are able to implement the Guidelines effectively, this may open new opportunities for developers and would ensure cheaper power for rural consumers.

Recently, the Delhi High Court, in the matter of Communication Components Antenna Inc v Ace Technologies Corp. And Ors, directed the Defendants to deposit a bank guarantee of approximately INR 550 million ...

On 2 July 2021, the DoT announced the approval for the creation of the 'Digital Intelligence Unit' and 'Telecom Analytics for Fraud Management and Consumer Protection' to curb financial frauds committed through misuse of telecom resources, ...