News

Karnataka High Court allows CGI Information Systems to claim Section 10A deduction, deduct software fees, and claim foreign ...
Allahabad High Court quashed a Section 74 SCN derived from a Section 73 SCN, ruling it lacked jurisdiction without specific ...
Learn how to set up a charitable trust in India in 2025. This guide covers trust registration, deed drafting, documentation, ...
Learn about TDS Return Form 27Q for non-salary income of non-residents, including due dates, penalties, and interest on late ...
Understand Indian income tax implications for non-resident shareholders on foreign company share buybacks. Learn about ...
SC rules that nominees under Section 109A of the Companies Act do not gain absolute ownership of shares, preserving legal ...
Understand the importance of correct formats for Section 143(2) scrutiny notices. Learn how non-compliance impacts tax ...
RBI now permits investment vehicles to issue partly paid units to foreign investors, addressing prior ambiguity and ...
Mumbai ITAT rules on ITO vs. Nikhil Vinod Aggarwal, invalidating assessment reopening without proper sanction and deleting "on-money" addition due to lack of ...
The Madras High Court upheld that software expenses, including license fees, for Danfoss Industries Pvt. Ltd. are revenue expenditures, not capital, citing no enduring ...
The Madras High Court has invalidated reassessment proceedings against Changepond Technologies, ruling they stemmed from a mere change of opinion, not new ...
Gujarat High Court sets aside Section 148 notice against AIM Fincon Pvt. Ltd., ruling it a mere change of opinion on already disclosed ...