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 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 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 ...

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

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 ...

NCLT Indore initiates corporate insolvency proceedings against a private company for default in repayment of ₹10.44 crore, appointing an IRP and declaring moratorium under ...

Delhi High Court dismissed anticipatory bail for accused in a ₹2.4 crore foreign cigarette smuggling case, citing ongoing investigation and prima facie evidence of ...

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

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