The Constitution 101st Amendment defined goods and services tax as a “tax on supply of goods or services or both”, per Article 366 (12A). The plain meaning of “supply of goods or services” is supply ...

Ultra Vires, and Void under Articles 246A, 366(12A), and 265 : The Kerala High Court, 11th Day of April 2025. The Kerala Hi ...

The GST Network (GSTN) has rolled out Phase-III reforms to Table-12 of GSTR-1 and GSTR-1A to streamline HSN-wise summary reporting and minimize errors and misclassification. These changes are ...

Taxation of Mutual Fund Gains Under India-Singapore DTAA: In a significant ruling, the Mumbai ITAT held that capital gains earned by a non-resident (Singapore tax resident) from the sale/redemption of ...

ACIT, addressed the classification of one-time nominal membership and share transfer fees as either capital or revenue receipts. The issue pertained to the Assessment Year 2017–18, during which the ...

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NCLT Chandigarh held that since resolution plan in respect of Nav Jyoti Agro Foods Private Limited meets requirement of ...

The Tribunal noted that although the assessee was not present during the hearing, it proceeded to decide the matter based on ...

This order, dated April 11, 2025, addresses an appeal filed by charitable Trust against the Commissioner of Income Tax (Exemption), Pune’s decision to reject their application for registration under ...

In the case of Abha Saraf vs Union of India, the Patna High Court dismissed the petition challenging the issuance of an income tax notice under Section 148 of the Income Tax Act, 1961. The petitioners ...

However, the Patna High Court distinguished this case, noting that the AO had recorded detailed reasons and that the Commissioner’s written satisfaction referenced those reasons. It ruled that while ...

Tax Transparency is definitely a solution because tax avoidance by using the method of “Double Irish and Dutch Sandwich Strategy” has impacted globally. “The Double Irish with a Dutch Sandwich” is a ...