ITAT ruled that exemption under Section 54F cannot be denied solely due to missing bills or vouchers, emphasizing the principle of natural justice.
Explore how seizure of documents can impact audit deadlines under Section 44AB and defenses against Section 271B penalties for audit delays.
Bombay HC rules that relatives of a husband cannot be charged under Section 498A IPC solely for advising a wife to tolerate cruelty, quashing charges against in-laws.
Explore the latest tax provisions affecting mutual fund income, including recent changes in capital gains taxation and classifications under the Finance Bill 2024.
Tax implications of the Finance Bill 2024 on share buybacks. Key changes, examples, and their impact on shareholders’ tax liabilities.
Explore legal strategies used in tax avoidance in UK, including judicial doctrines, TAARs, GAARs, DOTAS, and the role of HMRC. Learn about key regulations.
Explore how UK corporate governance relies on shareholders, its flaws, and additional safeguards including NEDs, committees, and public disclosures.
Explore the concept of transaction recharacterization in transfer pricing. Understand its rationale, benefits, and challenges in global tax systems.
Explore the complexities and solutions of taxing the digital economy, including BEPS Action-1, Pillar-1 reforms, and the challenges of digital tax administration.
Explore SEBI’s settlement mechanism, its evolution, current performance, and recent reforms aimed at improving efficiency in securities law violations.
