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 […]
A fresh one-year window allows eligible investors to re-lodge pre-April 2019 physical share transfers and complete dematerialisation with prescribed safeguards.
The Income-tax Act, 2025 replaces the 1961 law from April 2026 with simplified rules, redesigned forms, and automated compliance, marking a structural reset of India’s tax system.
Tribunal held that an assessment is void when the competent officer does not issue the mandatory notice. Jurisdiction cannot arise without a valid section 143(2) notice.
This article explains the key differences between cloud and on-premise POS systems and highlights how cost, control, and scalability influence the right choice for retailers.
