Insights & Resources

Clarifications on place of supply for data hosting services provided to foreign cloud providers, impacting GST compliance and export status.

ITAT Delhi grants DTAA benefits to the US LLC, affirming that tax residency can exist independently of actual tax payments.

Explore the complex interactions between IBC and ITA, focusing on corporate renewal and tax compliance in insolvency scenarios.

The TN GST circular outlines key guidelines to improve clarity, fairness, and consistency in adjudication orders, ensuring transparency.

The Delhi High Court highlights petitioners’ rights concerning seized assets and the refund process during tax investigations under CGST.

Explore critical 2024 CGST Act updates on ISD, enhancing compliance and ITC distribution.

Explore key challenges and solutions in international tax law regarding royalties and technical service fees under various treaties.

Explore key 2024 IT Act updates aimed at streamlining tax reassessment and reducing disputes.

The Finance Act 2024 shifts the tax liability of buy-back of shares from companies to shareholders.

New s. 74A in the CGST Act consolidates GST recovery, removing the distinction between fraud and non-fraud cases from FY 2024-25.

Delhi HC rules settlement from sweat equity share disputes as capital gains, not salary.

Maharashtra GST outlines new recovery guidelines post-first appeal, ensuring taxpayer compliance and easing legal burdens.

Exploring how statements under CGST & Customs Acts challenge self-incrimination rights.

Supreme Court's verdict reinforces the strict interpretation of tax laws, excluding VAT from ‘purchase price’ in GVAT Act calculations.

ITAT Hyderabad clarifies that crediting revalued assets to partner accounts triggers capital gains under ITA's s. 45(4).

An analysis of how courts address natural justice and procedural compliance in GST cases, highlighting key taxpayer obligations and remedies

Ruling quashes tax reassessment due to flawed procedural compliance, underscoring legal adherence necessities.

Madras High Court rules that one-time discretionary compensation for loss in future accretion with respect to ESOPs is taxable as perquisite

ITAT finds no penalty warranted under s. 271D for cash transactions in property sales, highlighting the relevance of s. 269ST instead.

ITAT holds: Advocates Welfare Fund fails to meet mutuality criteria, disqualifying it from tax exemptions under the Income Tax Act, 1961.