Delhi HC grants Chintamani Sharma & Sons 6 weeks to submit documents for Rs. 50 lakh DGFT penalty, citing DRI’s role in delayed submission.
Karnataka HC rules that land sale value for tax should be based on the agreement date, not registration date, under Section 50C of the Income Tax Act.
In an unfortunate event that you pass away too soon, life insurance is an essential financial tool that gives your loved ones a safeguard. The abundance of possibilities makes choosing the optimal approach rather challenging. Utilizing our guide to navigate the complexity of life insurance will enable you to make an informed decision.
Despite Supreme Court rulings, authorities continue to raise demands for periods before NCLT orders under IBC, violating judicial discipline and causing business hardship.
Understand GST implications on renting immovable property, including exemptions, taxability mechanisms, reverse charge, and input tax credit for landlords and tenants.
Gauhati High Court quashed a GST order issued after statutory limitation period under Section 73(10) of GST Act, deeming it without jurisdiction.
Learn about capital gain tax exemptions on property under redevelopment, including eligibility under Section 54 and implications for sales and possession delays.
Introduction In International Taxation, the concept of “make available” is very important to be looked into. It helps in determining whether the concerned fee paid for the services which are rendered cross-border would be classified as royalties or fee for technical services and would attract the withholding tax. Understanding how “make available” works helps the […]
This article delves into the provisions governing AGM extensions under the Companies Act, 2013, and explores key regulations, examples and best practices.
Summary: The Vivad Se Vishwas Scheme, 2024 has been introduced to expedite the resolution of tax disputes and reduce litigation, following the success of the first scheme launched in 2020. Despite resolving 1.46 lakh cases and recovering ₹0.54 trillion, in VsV 202, tax appeal pendency has risen again, with over 5.44 lakh cases pending before […]
