DGGI had alleged that M/s Anmol Tradex Pvt. Ltd. ("Company") had fraudulently availed input tax credit (ITC) based on non-genuine invoices from the suppliers who were involved in circular trading...

The reciprocal tariffs imposed by the Trump administration have been the talk of the town since Trump took office.

The introduction and implementation of Goods and Services Tax (GST) significantly reshaped the entire Indian indirect tax landscape by replacing multiple indirect taxes with a unified tax system.

The introduction and implementation of Goods and Services Tax (GST) significantly reshaped the entire Indian indirect tax landscape by replacing multiple indirect taxes with a unified tax system.

C held that a structural article does not acquire the character of a machine part solely based on intended or exclusive use, reaffirming the primacy of objective characteristics in customs classification

The Central Board of Indirect Taxes and Customs [CBIC] has issued the Customs (Finalisation of Provisional Assessment) Regulations, 2025, replacing the earlier 2018 regulations, with effect from their publication in the Official Gazette.

Explore key Indian tax rulings on FDI policy amendments for land-border countries, share buyback taxation under section 56(2)(x), tenancy rights in property redevelopment, and transfer pricing safe harbour rules. Discover how recent tribunal decisions impact corporate restructuring, foreign exchange compliance, and depreciation on goodwill from intra-group amalgamations.

Comprehensive review of the FEMA (Non-debt Instruments) Rules, 2019 proposed...

Trade Facilitation and Ease of doing business has been a mantra that has been intoned by this Government time and again to propel India into an era of Atmanirbharta.

The assessees* are investment companies of the Jindal Group holding shares in operating companies, Jindal Ferro Alloys Limited (‘JFAL') and Jindal Strips Limited (‘JSL').

The Hon'ble Kerala High Court (hereinafter referred to as ‘the Court') in the case of Vellangallur Peoples Welfare Co-Operative Society Ltd v. Union of India has upheld the Finance Act 2020 amendment to Section 194A(3)...

The Assessee, is one of the partners in M/s. CRCL LLP (‘CRCL or Firm') with a 12% profit-sharing ratio.

The IFSCA Authority has interalia approved the proposal on review of IFSCA (Fund Management) Regulations, 2022 in its meeting held on 19th December 2024.

The Assessee is one of the directors of companies of Mohan India Group i.e., M/s Mohan India Pvt Ltd., Tavishi Enterprises Pvt Ltd. and Brinda Commodities Pvt Ltd.

In order to curb opportunistic takeovers / acquisitions of Indian companies due tothe COVID-19 pandemic, the Government of India had amended the FDI Policy vide Press Note3(2020)dated17.04.2020(‘PN3’)..

The Supreme Court (‘SC') of India has delivered a landmark judgement on the issue related to constitution of a Fixed Place Permanent Establishment...

Explore comprehensive analyses of recent Indian tax rulings, FDI policy updates, and international trade agreements. From transfer pricing safe harbour rules to the India-New Zealand FTA, discover how regulatory changes impact cross-border transactions, foreign investment, and corporate tax compliance.

The controversy surrounding the taxability of transactions between clubs or associations and their members is long-standing. It has engaged courts for over half a century and remains ongoing.

Recently, Special Bench formed at Ahmedabad ITAT delivered a ruling1 on the issue of applicability of Transfer Pricing (‘TP')...

The Electronics Manufacturing Sector in India has experienced significant growth over the past decade, emerging as one of the fastest-growing and most strategic industries globally due to ongoing digitisation.