The e-Dispute Resolution Scheme (e-DRS) offers small taxpayers a faceless, digital platform for faster, transparent tax dispute resolution, focusing on minor disputes.
Explore India’s taxation framework for Virtual Digital Assets (VDAs), covering a 30% tax on VDA transfers, 1% TDS, legal status, and comprehensive CBDT guidelines.
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 […]
Learn about the block assessment scheme in income tax, its key features, and how it impacts search and seizure cases under the Finance Act (No.2), 2024.
Learn about taxation on derivatives and F&O transactions, their treatment as business income, audit requirements, and presumptive taxation options.
Angel tax removal promises easier investments for startups. However, concerns over valuation, existing litigations, and tax authorities challenges remain unresolved.
Explore the evolving taxation rules on share buybacks from 1999 to 2024, with key changes shifting tax liabilities from companies to shareholders under the new provisions of the Finance Act 2024.
Explore detailed analysis of Hon’ble ITAT Pune decisions in 2023 on transfer pricing, covering allocation of expenses, custom duty, working capital, methods, and more.