SARs reward employees based on share value growth without giving equity. Learn how SARs work, their tax impact, and why companies prefer them over ESOPs.
Calcutta High Court rules on ITC reversal, stressing strict adherence to Rules 42 & 43. Tax authorities must follow procedure; taxpayers get a chance for reconciliation.
Understand Income Tax scrutiny under Section 143(2) for AY 2024-25, faceless process, key deadlines, documents needed, and why expert help is crucial.
Understand intermediary services under GST in India, including their definition, tax implications, and the challenges in cross-border transactions. Learn from advance rulings and CBIC clarifications.
Learn how strategic income tax filing and claiming key deductions in 2025 can help you save more. Discover essential documents, popular tax-saving sections, and benefits of online filing.
Madras High Court sets aside an ex-parte GST order, emphasizing that portal-only notice isn’t effective if unresponded to, mandating other service modes.
ITAT Mumbai held that dividend paid to International Finance Corporation is exempt from Dividend Distribution Tax chargeable under section 115-O of the Income Tax Act. Accordingly, appeals of assessee allowed.
The Supreme Court dismissed an SLP, affirming the Delhi HC’s decision that an Electronic Credit Ledger (ECL) with a negative balance cannot be blocked under Rule 86A of the CGST Rules.
Calcutta High Court quashes GST order passed u/s 73, as reply to SCN was ignored. Directs re-adjudication after considering taxpayer’s response and hearing.
The most commonly applied interest provisions are found under Sections 234A, 234B, 234C. Understanding these sections is crucial for taxpayers to avoid unintended liabilities and to ensure proper tax compliance.
