The Income tax Act, 1961 ('the Act’) 1 provides for a special and speedier assessment process for a class of assessees termed as...

The assessee, BALCO was denied ITC on the basis of matching of Input tax credit availed in Form GSTR 3 B with the details furnished by...

Like the previous months, this month as well we bring to you the monthly round-up of significant rulings under Indirect Tax/GST regime....

Like the previous months, this month as well we bring to you the monthly round-up of significant rulings under Indirect Tax/GST regime....

Rajasthan HC dismissed writ seeking direction to the Revenue to extend the period of time for submitting of Form GSTR 9 and GSTR 9 C for...

We are pleased to bring to you the round-up of important Transfer Pricing Rulings for the months April to June. As Courts in India and...

The levy of Extra duty deposit (“ in case of Related Party Imports has been a bone of contention under Customs Regulations Fundamentally...

Directorate of Revenue Intelligence (‘ is the apex intelligence and investigative agency for matters relating to violation of the Customs...

Recently, the Central Board of Indirect Taxes and Customs through an Administrative Circular Circular No 14 2021 Customs dated July 7...

The Central Government has extended the timelines for various compliance requirements under the Income Tax Act CBDT issued two circulars...

On December 18 2020 the Organization for Economic Cooperation and Development ( released its guidance on the transfer pricing...

On December 18 2020 the Organization for Economic Cooperation and Development ( released its guidance on the transfer pricing...

Recently Delhi High Court in the case of Concentrix Services Netherlands BV v ITO ( 1 had the opportunity to interpret the Most Favoured...

Madras HC quashed assessment orders reversing ITC availed by assessee on the ground that no proceedings were initiated against the...

The Central Government has extended timelines for various compliance requirements under the Income Tax Act CBDT recently issued a...

The Central Government has extended the timelines for various compliance requirements under the Income Tax Act CBDT recently issued a...

There has been a widespread agreement for some time that the international tax system needs reform to address the digitalisation of the...

The Finance Act 2016 introduced provisions relating to Country by Country Report CbCR and Master File pursuant to adoption of OECD’s BEPS...

Retrospective taxation of indirect transfer of Indian assets has been a subject matter of protracted litigation between MNEs and the...

India-Mauritius tax treaty has come under scanner yet again with a recent pronouncement by the Authority for Advance Rulings (“AAR”) in...