The Maharashtra GST AAR refers to the Advance Ruling Authority (AAR) for the state of Maharashtra under India's Goods and Services Tax (GST) regime. The AAR is a quasi-judicial organisation that assists taxpayers seeking clarification

In a strong dissenting judgment against the majority view of the Supreme Court, Justice BV Nagarathna expressed that the notes ban initiated by the Centre "vitiated and unlawful" and the Government cannot demonetize bank notes by merely

A Delhi High Court bench comprising of Justice S.Muralidhar and Justice Vibhu Bakhru held that Income aroused from the off-shore supply of goods cannot be taxable in India. The Delhi High Court, in a number

The war has begun. The first missile was fired by the CBIC through the CBEC Members letter F.No. CBEC-20/16/07/2020 Dt. 10.02.2020, wherein it was exhorted that in case of delayed filing of return (GSTR-3B), interest

Micro, Small, and Medium Enterprises (hereinafter referred to as ‘MSME’) are a blue-eyed boy for the government nowadays. In the recent budget session of 2023 also, the government has brought many important reforms for a

Many corporates in India (MNCs and Indian groups) make huge payments to foreign firms. Before making payments outside India, it is critical to determine the TDS (also known as Withholding Tax or WHT) implications on

According to the United Arab Emirates, UAE Federal Decree-Law No. 47 of 2022 on taxation of corporations and businesses (the Corporate Tax Law), businesses will become subject to UAE Corporate Tax from the beginning of

The Central Board of Direct Taxation (CBDT) issued norms regarding computation of income which is chargeable under the head’ Salaries’. The Income shall be chargeable to income-tax under the head "Salaries" : (a) Any salary

One of the most hated annual jobs of most working people is filing income taxes. And with the Ministry of Finance bringing out new additions and exemptions in the Union Budget in each financial year,

The second wave of Covid-19 is wrecking hell in the country. However, against all expectations, the GST collection in April 2021 was Rs 1.41 lakh crores; 14% higher than March 2021. This news may have

In India, there are so many companies which are under the Insolvency and Bankruptcy Code (IBC) and where the shareholders are thinking that to get a fair deal to secure their shares in the companies.

GST stands for "Goods and Services Tax", and is proposed to be a comprehensive indirect tax levy on manufacture, sale and consumption of goods as well as services at the national level. It will replace all

This yearly digest analyzes all the ITAT stories published in the year 2023 at taxscan.in Waiver of Loan is Not Business Income, Not Taxable u/s 28(i) of IncomeTax Act: ITAT The Jt. Commissioner of Income

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.

Recently, the Delhi High Court has in the case of Reckitt Benckiser India (P) Ltd. vs. UOI [W.P. (C) 7743/2019] upheld the constitutional validity of the anti-profiteering clause, while expressing concerns over the arbitrariness of