A summary of the Export Promotion Capital Goods (EPCG) Scheme. Learn about its features, export obligations, and requirements for duty-free imports of capital goods.
Can a corporate guarantee to a foreign related party without consideration be an export of service under GST? Learn how Schedule I, Rule 96A, and RBI rules apply.
Understand the rules for interest on late TCS collection under Section 206C of the Income Tax Act, including the 1% monthly rate, calculation period, and non-deductibility of interest.
A summary of the changes to the ITR-3 form for AY 2025-2026, including new rules for capital gains, share buybacks, and crypto reporting. This guide covers how to file and avoid common errors.
CESTAT Delhi ruled that ocean freight for imported goods is not liable for service tax, citing a Gujarat High Court decision that the tax is extraterritorial.
ITAT Ahmedabad deletes ₹8 Cr addition u/s 68, holding firm provided sufficient evidence; partner’s non-response to notice u/s 133(6) not held against assessee.
The ITAT Cochin has ruled that an Assessing Officer must refer a property’s fair market value to a DVO. Failure to do so invalidates any capital gains addition.
The ITAT Chennai has quashed a reassessment against Ambattur Constructions, ruling that a mere audit objection without fresh material is not a valid basis for reopening a completed assessment.
