Tamil Nadu AAR rules that ITC can be claimed on contract staffing services for IT services, as long as conditions under Section 16(1) of CGST Act are met.
Explore the Foreign Exchange Management Regulations, 2018, governing NRI/OCI property transactions in India, including acquisition, transfer, and compliance requirements.
In the field of contemporary commercial contracts, bank guarantees are the cornerstone of security and usually encourage little court action in between stages. Exercising fair jurisdiction, Indian courts have typically adopted common law jurisprudence in creating the exceptions of “fraud” or “irretrievable harm” as grounds for awarding injunctive relief. A third exception of “special equities” […]
Discover how NRIs can seamlessly transfer Indian assets to their children abroad with our comprehensive guide on estate planning, taxation, and FEMA regulations.
The 2024 Budget changes tax rules for share buybacks, impacting shareholder taxation and reducing tax arbitrage. Learn the implications and rationale.
Discover which companies qualify for CSR under the Companies Act, 2013, the scope of eligible activities, tax implications, and compliance guidelines.
ITAT Ahmedabad held that invocation of provisions of section 69A of the Income Tax Act unjustified as cash deposits during demonetization period duly recorded in books of account and source of cash deposits duly maintained.
ITAT Mumbai held that addition u/s. 68 of the Income Tax Act towards unexplained cash credit unjustified as sale consideration of shares duly reflected in the profit and loss account of the assessee.
सुप्रीम कोर्ट ने दिल्ली बार एसोसिएशन और काउंसिल सदस्यता प्रतिबंधों के एक साथ चुनाव पर दिल्ली HC के निर्देश को चुनौती देने वाली याचिका पर एक नोटिस जारी किया है।
SC’s landmark ruling clarifies that royalty on mining leases is not a tax, resolving a long-standing dispute with an 8:1 majority.
