The analysis holds that FEMA treats NRIs and OCIs identically for acquisition, transfer, and repatriation of immovable ...

Bombay HC held that reassessment notices issued with sanction under an incorrect statutory provision are invalid, leading to quashing of notices, assessments, and consequential ...

The Tribunal held that Bills of Entry cannot be reassessed after goods are cleared merely to claim a refund based on a later Supreme Court decision in another ...

The Tribunal ruled that payments for IPL and MPLS bandwidth services do not constitute royalty under section 9(1)(vi) or ...

Explains when director cash infusions qualify as current account transactions and why genuine business support may fall ...

GCCs have evolved from support units to strategic hubs, boosting revenue, employment, and digital innovation across India’s ...

Expanded coverage, minimum wages, and social security provisions enhance legal protection and income security for media and ...

The Tribunal found that satisfaction under Section 153C was recorded long after the search and document transfer. Applying ...

The Tribunal highlighted that non-receipt of assessment notice and lack of knowledge about tax procedures justified the ...

Stay updated on Income Tax, GST, RBI, and corporate sector notifications, circulars, and judicial rulings issued during the first week of December ...

This article explains how structural changes in the Labour Codes prioritise employer flexibility while eroding worker security and ...

The ITAT held that unsecured loans totaling ₹1.05 crore could not be added under Section 68 where the AO failed to make any inquiry or issue summons, emphasizing that suspicion alone cannot justify ...