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Archive: 27 February 2023

Posts in 27 February 2023

Golden Rule of Interpretation and Pepsi Foods Ltd Case

February 27, 2023 4830 Views 0 comment Print

Apex Court’s landmark judgment in CIT vs Pepsi Foods Ltd reaffirms the Golden Rule of interpretation, striking down Section 254(2-A) as unconstitutional under Article 14 for equality, ensuring fair tax appeal processes.

Check Points before switching to New Income Tax Regime

February 27, 2023 8943 Views 0 comment Print

Consider tax implications before shifting to Indias New Tax Regime 2023 Evaluate deductions, business income impact, and file ITR by July 31. Choose wisely between old and new regimes for optimal savings.

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