Explore tax complexities faced by RNOR individuals in India, including foreign income taxation, DTAAs, and recent changes in tax rates impacting compliance.
When a taxpayer submits their Income Tax Return (ITR) and requests a refund, they need to wait for the Centralized Processing Center (CPC) to process it. Currently, CPC processing is quite efficient, with an average turnaround time of 15 to 45 days from the date of e-verification of the ITR.
Explore challenges businesses face with Input Tax Credit under India’s GST, focusing on gifts, free samples, and compliance complexities.
The ITAT remands BorgWarner’s case on TSS, BSS, and royalty benchmarking to TPO for re-determination, questioning the segregation approach used for international transactions.
Bombay HC ruled that imprisonment does not limit an individual’s right to education, allowing Mahesh Raut to pursue his LLB despite ongoing legal issues.
Explore how Netflix navigates media law loopholes for competitive advantage, highlighting challenges and implications for regulation and accountability.
Many individuals borrow small Personal Loans when they need money for urgent expenses, significant purchases, or debt consolidation. New-age lending institutions make these loans easily accessible through their websites and loan apps.
Learn how capital gains are calculated on property received by gift or will, using acquisition costs of previous owners and applying cost inflation index in India.
Delhi HC rules reimbursements to NRAEs not subject to TDS as “fees for technical services,” clarifying scope of Section 9(1)(vii) and TDS under Section 195.
Explore the judicial interpretations shaping India’s Insolvency and Bankruptcy Code, 2016, including landmark cases and their implications.
