What Happened?
The Institute of Chartered Accountants of India (ICAI) has issued accounting clarifications stating that any incremental gratuity and leave encashment liability arising from...
ITAT’s Landmark Ruling in the eBay Singapore–Flipkart Case
At the heart of the dispute was whether India can tax ₹22,257 crore of capital gains merely...
Facts of the case:
The petitioner, Alstom Transport India Limited (“Alstom India”), operates in infrastructure projects (railways/metro), including design, manufacturing, installation and services.
Between July 2017 and March 2023, employees...
Every taxpayer, practitioner, and business owner in India today is facing the same silent frustration: the long wait for a functional GST Appellate Tribunal...
As the Union Budget 2026–27 draws closer, one issue has quietly gained significant traction among India’s largest business houses, tax professionals, and corporate advisors:the...
High agricultural income cases often attract scrutiny, especially when the declared figures appear significantly higher than broad market estimates. But can the Revenue discard...