Income Tax
From Endless Revisions to Timely Compliance: The New Era of TDS/TCS Rectification
A Paradigm Shift Towards Disciplined Tax Compliance-
In India’s evolving tax ecosystem, TDS and TCS compliance has moved from being merely procedural to becoming time-bound...
Income Tax
Revisionary Powers under the Black Money Act
The Black Money Act is meant to be strict.But even strict laws have limits.
The core issue
Can the tax department reopen a concluded assessment under...
Latest Articles
Articles
How Labour Codes Repriced Employee Benefits on the BS ?
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...
GST
Is a Solar power project taxable at 5% as a composite supply, or at 18% as a works contract?
For years, solar EPC contracts were stuck in a GST grey area of 5% or 18%?
That uncertainty has now been put to rest....
Income Tax
₹22,257 Crore Offshore Gain | ITAT Reaffirms Treaty Protection Over Indirect Transfer Rules
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...
GST
Expat Secondment Not Taxable Under GST
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...
Income Tax
Can a Rs. 6.75 lakh jump in share price lead to a Rs. 52 crore tax addition ?
A real case from the ITAT Delhi shows that it absolutely can.
Here is the complete breakdown of this landmark ruling and why it matters...
GST
The GSTAT Rollout Delay: A Wake-Up Call for India’s Tax Ecosystem
Every taxpayer, practitioner, and business owner in India today is facing the same silent frustration: the long wait for a functional GST Appellate Tribunal...
Income Tax
Do the New Income Tax Rules Really Impose an 84% Penalty on Cash Kept at Home?
Over the past few days, social media has been flooded with one headline: “Income Tax will take away 84% of your cash lying at...
Income Tax
Why Indian Businesses Are Urging Tax-Neutral Demergers Ahead of Budget 2026–27 ?
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...
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