The article considers if it is still important that pensions be made 'auto-reversionary', after the MYEFO announcement.
The article outlines key factors in seeking ATO compensation - particularly on applications made under the CDDA Scheme.
The classification of premises as either RP or CRP for GST purposes has long been an area of unnecessary complexity.
The new Budget expects some businesses to pay tax before receiving payment from customers, creating cashflow problems.
The Indian government has, in the recent past, introduced a mandatory requirement of furnishing Tax Residency Certificate, for non-residents seeking tax treaty benefits.
At a time when the contours of business are undergoing major transformations on account of technological advancement across the world, issues such as those deliberated by the Kolkata Tax Tribunal in ITO v. Right Florists Limited1 were bound to arise.
The Indian Finance Minister presented the annual budget for 2013/2014 on 28 February 2013.
A recent judgment of Delhi high court in the case of CIT v. Gita Duggal tries to clarify the applicability of levy of capital gains on such transaction.
A discussion on the recommendations made by the Government of India in its report on "Taxation of Development Centers and IT Sector".
The Tribunal observed that captive power plants and manufacturing units are treatable as integrated units.
Taxation Environment in a Country has also been and always remains a matter of concern for foreign investors. A foreign investor always looks for certainty and favorable taxation environment.
Dividend distribution tax is an income tax on the distributable profits of the domestic company.
Sometimes Tax treatment of income arising by an Individual may not be clear from direct provisions of the Income tax act, 1961.
The Union Finance Minister Mr. P Chidambaram presented the Union Budget 2013-14 in the Lok Sabha on 28th February, 2013.
The interpretation and implementation of the provisions of a Double Tax Avoidance Agreement has been controversial since the Vodafone-Hutch deal in 2007.
At the outset, it is important to mention that the tax may be levied/deducted on the sums, amounts, payments, incomes which are taxable in India.
The Central Board of Excise & Customs allowed passengers importing firearm as baggage on transfer of residence to dispose the same after ten years of import to persons legally entitled to possess firearm.
A number of case summaries relating to the topics of international trade, customs and tax.