ITAT Mumbai rules that the date of possession determines eligibility for capital gains deduction under Section 54. Learn more about the Sompalsingh J. Kataria Vs ITO case.
Bombay High Court rules in favor of taxpayers, affirming the right to interest on excess Equalization Levy refunds. Detailed analysis and implications.
Recent Mumbai Tribunal ruling reaffirms the legitimacy of fair market valuation in Angel Tax cases. Detailed analysis of PNP Maritime Services Pvt. Ltd. vs. DCIT case.
Explore landmark case of Godaddy.Com LLC v. ACIT [2023] and learn why Delhi High Court ruled domain registration fees as not royalty. Get insights on the decision.
Learn about Shell Global Solutions International BV vs. DCIT case. Non-residents providing services outside India for foreign clients aren’t subject to Section 9 tax.
Recent changes in audit reports for charitable trusts and institutions in India. New requirements include disclosing contributors exceeding INR 50,000 and related details
Learn about CBDT’s latest amendments exempting non-residents in IFSC-banking units from mandatory PAN quoting, enhancing ease of operation.
