Finance
Jio: Telecom or Tech Giant?
The Jio Platforms IPO raises a big question: are investors paying for a profitable telecom business or betting on a technology giant of the...
Income Tax
Can a Partner’s Capital Withdrawal Be Taxed as Rental Income?
An ITAT ruling involving five Bengaluru landowners explains why withdrawing money from a partnership firm does not automatically make that money taxable as the...
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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...
Income Tax
Can Agricultural Income of ₹1.44 Crore Be Rejected Based Solely on Online Yield and Price Estimates?
High agricultural income cases often attract scrutiny, especially when the declared figures appear significantly higher than broad market estimates. But can the Revenue discard...
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