Understand role of Form 10F for non-residents to claim Double Taxation Avoidance Agreement (DTAA) benefits and avoid higher withholding tax in ...

Accurate classification of materials and inventory is central to transparent financial reporting, particularly under the ...

Nowadays it is in highlight, in GST the main issue faced by taxpayer is the dispute that is emerging under GST which pertains to denial of ITC to a purchaser due to non-compliance by the supplier. Now ...

Upcoming bank nomination reforms allowing multiple nominees may complicate deposit claims, creating issues for heirs and banks unless key legal and practical challenges are ...

Input Tax Credit (ITC) is one of the core features of the Goods and Services Tax (GST) system in India. It allows registered taxpayers to reduce their tax liability by claiming credit for the GST paid ...

13. The Hon’ble Apex Court in the case of Suncraft Energy (supra) had occasioned to consider that the party who has paid the tax on invoices being raised and non-discharge of duties by the counterpart ...

In a significant ruling for exporters, the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) Delhi has set aside an order by the Commissioner of Customs (Appeals) that re-determined the ...

The Income Tax Appellate Tribunal (ITAT) Amritsar has deleted an addition of Rs. 4.72 lakh made to the income of senior citizen Balbir Kaur for Assessment Year 2012-13. The addition stemmed from a ...

Hence, if a bank had earlier routed BDDR through reserves, no deduction would be allowed under income tax. Now, with RBI mandating P&L routing, co-operative banks can rightfully claim tax deduction, ...

RBI Governor Sh. Sanjay Malhotra announced RBI monetary policy on 6 th June 2025: The various decisions taken in the meeting of Monetary Policy Committee are as follows. (RBI Monetary Policy- ...

Traces has recognised that the issue is a recurring issue, the TRACES portal (TDS Reconciliation Analysis and Correction Enabling System) has introduced a refund mechanism in respect of such ...

ITAT Delhi held that registered deed of new property not mandatory for claiming exemption under section 54F of the Income Tax Act. Investment in property and possession thereof sufficient for claiming ...