The Income Tax Appellate Tribunal (ITAT), Mumbai Bench while doubting Delhi Bench ruling in the case of Giesecke & Devrient Vs ACIT, referred the question of Applicability of Double Taxation Avoidance Agreement (DTAA) Rate to

While there is no official estimation regarding black money of Indians stacked in Swiss banks, recent media reports have quoted Zurich based Swiss National Bank as saying that money held by Indians in Swiss banks

This weekly round-up analytically summarises the key tax judgments of the Supreme Court and all High Courts reported at Taxscan.in during the previous week from August 26 to September 1, 2023. Plea for Condonation of Delay under Limitation

The most important stories on the Income Tax Appellate Tribunal (ITAT) that were published at Taxscan between November 18, 2023 to November 25, are critically summarized in this Round-Up. When Substantial Justice and technical considerations

This weekly round-up analytically summarises the key stories related to the Income Tax Tribunal (ITAT)  reported at Taxscan.in during the previous week from March 13th to March 20th, 2022. Shri Deepak Valji Karia vs Income

This weekly round-up analytically summarizes the key stories related to Supreme Court and High Courts reported at Taxscan.in during the previous week from July 17th to July 23rd, 2022. Re: ERA INFRASTRUCTURE (INDIA) LTD. vs

In recent years, the online gaming industry in India has witnessed remarkable growth, projected to reach $5 billion by 2025 with a compound annual growth rate of 28-30%. However, a recent decision by the GST

This weekly round-up analytically summarises the key stories related to the Supreme Court and High Court reported at Taxscan.in during the previous week from November 28 to December 3, 2022. WESTERN OFFSHORE & MARINE PROJECTS

The Institute of Chartered Accountants of India (ICAI) has issued a clarification on applicability of Standards, Guidance Notes and Legislative Amendments, for the upcoming Chartered Accountants (CA) Intermediate and Final May 2024 Examinations. Applicability of

India is one of the most polluted countries in the world. The Guardian reported a study revealing the premature death of almost 17 lakh people as a direct or indirect result of pollution in 2019.

A Foreign Company can claim benefit u/s 10A of Income Tax Act for the Transfer of Computer Software by its Indian Branch: Delhi HC DEPUTY DIRECTOR OF INCOME TAX vs VIRAGE LOGIC INTERNATIONAL In a

An advance ruling helps the applicant in planning his activities, which are liable for payment of GST, well in advance. It provides certainty and transparency to a taxpayer with respect to an issue which may

Income from Development Right is not Taxable on Accrual basis: Delhi HC CIT vs M/S ETHAN ESTATES DEVELOPERS PVT. LTD. The Delhi High Court quashed the assessment order by the Commissioner of Income Tax, which

The Central Board of Indirect Taxes is under the Department of Revenue, Finance Ministry, Government of India. The CBIC was previously known as the Central Board of Excise and Customs (CBEC).It engages in policy formulation of

The Insolvency and Bankruptcy Board of India ( IBBI ) is the regulator for overseeing insolvency proceedings and entities like Insolvency Professional Agencies ( IPA ), Insolvency Professionals (IP) and Information Utilities (IU) in India.