CESTAT rules that affiliation fees collected by universities are statutory functions, not taxable services. Service tax demand and penalties quashed.
Explore shifting dynamics of India-China relations, decline of US hegemony, and importance of diplomacy and self-reliance in a complex global order.
The MCA has completed its V3 portal migration, changing how professionals file AOC-4. Learn about new requirements, including linked forms and photographic evidence.
The Mumbai ITAT ruled that the sale of rights entitlements is distinct from shares, and gains from such sales are only taxable in the resident’s country under the India-Saudi DTAA.
Learn the factors that determine a currency’s value, from economic theories like PPP and interest rate parity to demand-supply dynamics and modern market complexities.
An overview of India’s crypto tax laws, covering the flat 30% tax on gains, 1% TDS on transactions, and the new 18% GST on exchange service fees.
Learn how India’s Income Tax Act, 1961, incorporates and sometimes deviates from key accounting concepts like matching, materiality, and substance over form.
Is arbitration a friend or foe for startups? Explore the pros and cons of arbitration clauses in funding agreements and their impact on founders.
Taxpayers across India are expressing growing frustration over what they claim are significant delays in the processing of their income tax refunds for the Assessment Year 2025-26.
A summary of India’s tax framework for Virtual Digital Assets (VDAs), including the flat 30% tax on gains, 1% TDS, and the ITAT ruling on pre-2022 transactions.
