Explains how Section 194Q requires buyers with large turnover to deduct TDS on purchases above ₹50 lakh. Key takeaway: The buyer becomes responsible for compliance, ensuring major transactions are ...

Explains how a coordinated insolvency system will improve resolution of interconnected group companies. Key takeaway: The framework prevents value loss by enabling joint planning, common RPs, and ...

Explains key tax slab changes, rebate expansion, and compliance simplifications that significantly benefit salaried and middle-income ...

Explores how intellectual property protections must coexist with public welfare to ensure access to medicines, knowledge, and ...

The Tribunal found no proof that the trust spent funds on a specific community. The matter was remanded for a fresh review of its 12AB and 80G ...

Raipur ITAT remanded the section 68 addition of ₹14.3 lakh, observing that NFAC/CIT(A) failed to examine confirmations, ITRs, ...

The Court held that a genuine mistake caused by a misprint in a widely used tax publication justified condoning a 509-day delay in filing Form 9A. The rejection orders were quashed and relief granted ...

The authority held that transferring development rights in exchange for constructed flats constitutes a taxable supply. GST ...

The Court held that private, non-revenue flights did not meet the definition of non-scheduled passenger services under the Notification. The case reinforces that only remunerated transport qualifies ...

The court allowed re-export of misclassified imported goods after executing a bond and bank guarantee, pending final adjudication of customs duty and ...

Supreme Court ruled that CoC and RP can surrender financially burdensome assets voluntarily, clarifying moratorium under ...

RBI amends FEMA regulations to allow exporters 15 months, up from nine, for repatriating export proceeds, providing greater ...