1. Provision allowing Input Service Distributors to distribute input tax credit for inter-state supplies subject to reverse ...

49. Merely because the Authorized Representative of the petitioner did not raise any objection before the Assessment Order dated 30.11.2017 was passed, ipso facto would not mean that reference under ...

Conclusion: Assessee was entitled to the exemption under Section 10A as ex-post facto approval granted by the RBI, the ...

Vide Finance Act 2022, taxation of virtual digital assets (VDA) has been introduced in the Income-tax Act, 1961 (‘the Act’), under section 115BBH of the Act in which the transfer of VDA is to be taxed ...

India’s Ambition of Becoming A Developed Nation By 2047- We Need To Bring Down Our ICOR Significantly ...

While the potential for investment and innovation is immense AI startups must navigate challenges such as data privacy, stagnant talent pool and bias in training sets to ensure their success. Despite ...

Finance Bill 2025 proposes removing Sections 206AB and 206CCA of the Income-tax Act, which currently mandate higher tax deduction (TDS) and tax collection (TCS) rates for non-filers of income tax ...

(4) On and from the 1st day of April, 2025, the power of the Settlement Commission under this section shall be exercised by the Interim Board and the provisions of this section shall mutatis mutandis ...

The Delhi High Court found that the reassessment notice under Section 148 issued for the assessment year 2016-17 was indeed time-barred, as the prescribed limitation period had expired on 31.03.2023.

Section 80CCA, inter-alia, provides for a deduction to an individual, or a Hindu undivided family, for any amount deposited in the National Savings Scheme (NSS). It is also provided that no deduction ...

Finance Bill 2025 introduces new provisions under Section 285BAA of the Income-tax Act, mandating the furnishing of information about crypto-asset transactions. The bill requires reporting entities to ...

The Finance Bill 2025 proposes the removal of Tax Collection at Source (TCS) under Section 206C(1H) of the Income-tax Act from April 1, 2025. Currently, sellers collecting payments exceeding ₹50 lakh ...