Learn how DTAAs affect capital gains tax on Indian mutual funds for non-residents. Judicial precedents clarify that gains are often only taxable in your country of residence.
A summary of the recent GSTN advisory to hard-lock GSTR-3B forms, and how this change may contradict existing GST laws and court rulings on self-assessment and Input Tax Credit.
Find out if an Indian company’s corporate guarantee to a foreign related party without a fee can be considered an export of service under GST, and how to claim a zero-rated supply.
India’s SIMS and NOC processes are creating challenges for steel importers, including delays, complex documentation, and issues with proving domestic non-availability of steel.
This article analyses the GST treatment of such corporate guarantees, particularly where no consideration is received from Related foreign entities.
Learn which ITR form is right for you. This guide breaks down common ITR forms (1-7) based on income sources for individuals, businesses, and other entities.
SC ruled that entities for general public utility can claim income tax exemptions, provided any incidental business or trade receipts do not exceed 20% of their total receipts.
Learn about Minimum Alternate Tax (MAT) for Indian companies, including its purpose, calculation under Section 115JB, and the process for filing it.
The Delhi High Court upheld that exemptions under Sections 54 and 54F are applicable even if a reconstructed property contains multiple independent residential units.
ITAT Chennai ruled that gold wastage during ornament manufacturing isn’t considered a payment for making charges, so TDS under Section 194C is not applicable.
