The amendment permits associated enterprises affected by an APA to file or modify returns. This enables proper tax adjustment and refund claims aligned with the agreement.
Foreign companies procuring data centre services in India can claim income-tax exemption up to 2047. The relief is conditional on using Indian-owned, government-notified data centres and Indian resellers.
The Finance Bill, 2026 allows tax deduction for exploration expenses on newly notified critical minerals. The move incentivises investment in mineral prospecting under section 51.
Foreign companies providing machinery or tooling to Indian contract manufacturers can claim income-tax exemption. The move supports electronics manufacturing in customs bonded zones.
The amendment removes MAT for additional specified non-resident businesses taxed on a presumptive basis. This ensures uniform tax treatment across all eligible activities and avoids unintended MAT exposure.
The proposal exempts qualifying non-resident individuals from tax on foreign-source income for five years. It applies when services are rendered in India under a notified government scheme, subject to conditions.
The proposed amendment doubles the deduction period for IFSC units. It offers long-term tax certainty to boost global competitiveness.
Advances between group entities will qualify for dividend exclusion only if both entities are located outside India. The amendment reduces ambiguity and aligns with global treasury operations.
The U.S. has reduced tariffs on Indian exports to 18%, improving competitiveness, but only this notified change—not broader trade promises—has legal certainty.
यह कि जीएसटी के अंतर्गत अपीलीय ट्रिब्यूनल ट्रिब्यूनल की स्थापना हो चुकी है ।तथा करदाता और टैक्स प्रोफेशनल ट्रिब्यूनल में अपील फाइल कर रहे हैं। लेकिन कई समस्याएं उत्पन्न हो रही है जिसका कारण जीएसटी अपीलीय ट्रिब्यूनल का पोर्टल सही तरीके से कार्य नहीं कर रहा है । इसके संबंध में श्री हर्ष शर्मा ,एडवोकेट ,संस्थापक […]
