Property sale by Non-Resident Indians (NRIs) and Overseas Citizen of India (OCIs) in India is a common transaction. In ...
Tax planning, tax avoidance, and tax evasion are all related to the payment of taxes, but they represent different ...
In the assessment year 2009-10, the Assessee-Company purchased 5 cars, including Audi and BMW, and registered them in t...
In the recent case of Brinda Rama Krishna v. ITO, the Bangalore Income Tax Appellate Tribunal (ITAT) allowed the assess...
The Kolkata Income Tax Appellate Tribunal (ITAT) has ruled in favor of an assessee, who had appealed against the order ...
The use of tax havens has been a controversial topic for many years, with both supporters and critics of the practice h...
A tax haven is a country or territory that offers low or no taxes to foreign individuals or businesses. These countries...
Transfer pricing refers to the practice of setting prices for goods and services exchanged between related parties, suc...
The Bangalore Special Court for Economic Offenses has acquitted an individual from prosecution under Section 276CC for ...
As per the Income Tax Act, salary, bonus, remuneration, or commission are collectively referred to as “remunerationâ€...
In the case of Tapas Kumar Basak v. Assistant Director of Income Tax, International Taxation-II & Ors., the petitio...
The GST Portal has recently implemented a new feature called "Initiate Drop Proceedings" for GST registration numbers t...
Due diligence is the process of thoroughly investigating and evaluating a potential investment or product. It is common...
Permanent Establishment (PE) in India is defined in Section 9 of the Income Tax Act, 1961. Under Indian tax laws, a PE ...
DTAA full form is Double Taxation Avoidance Agreement (DTAA). A Double Taxation Avoidance Agreement (DTAA) is a tax tre...