Delhi High Court ruled that refund of ITC reversal is permissible if supplier paid tax. Learn about the case of Pedersen Consultants India Pvt. Ltd. vs Union of India & Ors.
Confused about which form to file for tax regime choice? Understand the differences between Form 10IE and Form 10IEA, filing dates, and more for informed decision-making.
Understand the nuances of Gratuity – eligibility, exemptions, tax implications for employers & employees, and recent regulatory changes explained comprehensively.
Explore the practical implications of Section 43B(h) of the Income Tax Act, its applicability, disallowance scenarios, and compliance requirements.
Learn why determining residential status matters for income tax in India. Explore the categories, tests, and implications for individuals, HUFs, firms, and companies.
The Allahabad High Court ruled against compelling firearm license holders to deposit their weapons before elections, emphasizing citizens rights. Detailed analysis of the judgment provided.
Learn about Transfer Pricing compliance and assessment procedures, including ALP determination, TPO reference, DRP mechanism, APAs, and penalties for non-compliance.
Explore the West Bengal AAR ruling on Input Tax Credit (ITC) when payment is settled through book adjustment. Detailed analysis on admissibility and implications.
Analysis of a recent landmark judgment advocating stricter bail conditions for police in custodial death cases. Detailed insights and implications discussed.
Discover the regulatory changes in the Non-Banking Financial Company (NBFC) sector under the Scale Based Regulation (SBR) framework by the RBI in 2023.
