The Tribunal held that income is taxable in the year it accrues, not in the year TDS is deducted by the payer, rejecting addition based solely on Form 26AS.
The Tribunal ruled that only the part of a property actually rented can be assessed for ALV, excluding self-occupied areas under Section 23(2).
With data breaches on the rise and India’s data protection law in force, CAs can leverage their audit expertise in cybersecurity compliance—a fast-growing, high-paying field.
Dubai remains income-tax-free, but new corporate, VAT, and excise taxes make it no longer fully tax-free. Learn what expats and businesses need to know in 2025.
Explore why money avoids fear-driven actions and flows toward clarity, confidence, and purpose, revealing how mindset shapes financial outcomes.
Summary of GST provisions on detention of goods and vehicles, e-way bill compliance, penalty, appeal, and refund procedures under Sections 68 and 129.
Can the GST portal help recover unpaid invoices? Learn how ITC reversal rules under GST can pressure defaulters and what legal steps suppliers can take.
Disputes arise over GST classification of spent catalysts and e-way bill rules. Learn how enforcement actions are impacting industry compliance.
TCS under Section 206C(1G) applies to foreign remittance under LRS by resident individuals. Thresholds and rates differ for education, medical, and others.
Supreme Court held that payments to registered sub-contractors can be deducted from main contractor’s turnover to prevent VAT double taxation.
