Delhi High Court judgment in Nestle SA vs ACIT clarifies that investment in shares by Nestle in its Indian subsidiary is a capital account transaction, not income.
CESTAT Chennai rules against service tax on ONGC’s royalty payments for petroleum licenses, affirming royalty as a regulatory fee, not service consideration, offering clarity on tax implications of such payments.
Know how to avoid unnecessary TDS deductions! Learn about certificates for lower or nil TDS deduction under the Income Tax Act. Simplify your tax filing process.
Explore the complex world of GST and seconded employees, analyzing control, supervision, and costs. Learn about legal nuances and practical considerations.
Read the Delhi High Court verdict on Shree Ram Metal vs Commissioner of Delhi Goods and Services Tax Act, highlighting the importance of reasoned decisions in GST registration cancellations.
Know order of ITC utilization under latest GST rules with a detailed analysis. Learn to optimize tax liabilities and stay GST compliant.
Explore the latest Electricity (Amendment) Rules, 2024 by the Ministry of Power. Learn about dedicated transmission lines, open access charges, and bridging revenue gaps.
Explore the Maneesh Pharmaceuticals Ltd vs. Export Import Bank case. Supreme Court emphasizes NCLT evaluation on merits before admitting Section 7 petition under IBC.
Allahabad High Court rules: E-Way bill typo not penalized if no tax evasion intent. Case analysis of Hindustan Herbal Cosmetics vs. State of U.P. and Others.
Kerala High Court orders revision of penalty after fresh assessment in P.M. Abdul Nazeer vs ACIT case. Details of the judgment and its implications.
