ITO v. Sanjay Vasant Jumde – [2023] During the relevant assessment year, the assessee, an Indian non-resident, sold his bungalow and realized long-term capital gains.
Durgapur Projects Ltd. v. PCIT – [2023] The National Highways Authority of India (NHAI) received land that was the subject of a compulsory purchase from of the
DSG Papers (P.) Ltd. v. ACIT/Dy.CIT v. DSG Papers (P.) Ltd. – [2023] A private limited company called the assesses worked in the of manufacturing
Commissioner of State Taxes and Excise in the case of HC Skylight Manpower and Hospitality Services – [2023] With relation to the assessment years 2019–20,
Central Goods and Services Tax Commissioner v. HC Mahajan Fabrics (P.) Ltd. The petitioner had submitted a request for a refund in accordance with Section
Even if the deductor erroneously reported the income in the following AY, the TDS benefit will be paid in the AY in which it is
Tax-paying in India takes up more than 250 hours, compared to 140 hours in New Zealand, 138 hours in China, and 191 hours in Indonesia,
The proposed system does not aim to apply the low tax rates to dividends for debt repayment.In Budget 2023, the Finance Minister proposed taxing REIT
Facts of the Situation Limited Liability Partnership (LLP) Assessee was an associate in a partnership firm. The assessee received its portion of the partnership firm’s
Nirmala Sitharaman, the Union Finance Minister, stated on Monday that if the GST Council makes a decision, gasoline and diesel could be included in the
The Income Tax Appellate Tribunal (ITAT) ruled that if a registered sale document did not define the extent of a husband and wife’s holdings, then
Instead of the comfortable, understated confidence of seasoned diplomats and leaders, statements from the government and ruling party show a prickliness about criticism that is
Shaktikanta Das, governor of the Reserve Bank of India (RBI), recently stated that the draught Bill for the establishment of the National Financial Information Registry
According to him, MSMEs are struggling with compliance issues for returns, registrations, invoicing, the movement of products, and IT, all of which call for the
The Indian tax department’s “survey” of the locations of the BBC in Mumbai and the country’s capital Delhi made headlines this week. Before coming to
