The Bombay High Court quashed a Rs 1,524 crore GST demand against Tata Sons, ruling that payments made to NTT Docomo as an arbitration awar...

The Delhi High Court has stayed an order directing Tata Play to deposit ₹450 crore for alleged profiteering under GST, pending further hear...

FCNR interest remains exempt from tax as long as the depositor qualifies as an NRI or resident but RNOR under Section 10(15)(iv)(fa) of the...

ET Wealth Reader's Query: I am the only earning member of my family. My company has given me a bonus of Rs 2 lakh this year (after deductin...

Starting from the assessment year 2026-27, a new mandate will compel taxpayers utilizing the presumptive taxation system to reveal their ba...

I am a German citizen, and have an OCI card. How will inheritance of assets located in India be taxed for me? Is the inheritance itself tax...

I am a retiree with a corpus of Rs 15 lakh in a mutual fund, earmarked for my daughter in Class 10. If I start a Systematic Withdrawal Plan...

In this case, the department alleged that Nirdesa was engaged in the supply of an “actionable claim” in the nature of betting, and accordin...

The Udaipur-based company has allocated 31.35 lakh equity shares to anchor investors at Rs 120 each, amounting to Rs 37.62 crore. The compa...

As per income tax laws, an individual is required to pay tax on long-term capital gains accrued from the sale of gold jewellery. One is req...

Many executives on global assignments had moved back to India during the second wave of the pandemic but are now unable to return.

“In the absence of any guidelines on the treatment of crypto assets, there is ambiguity in how these would be treated under the tax laws an...

The government has waived integrated GST and customs duty on oxygen concentrators that are gifted from overseas or imported. However, exper...

The Central Board of Direct Taxes (CBDT) has amended Rule 44G dealing with application and procedure for giving effect to MAP agreement, an...

The reporting requirement of these details in income tax audit form has been kept in abeyance till March 31, 2021 -- meaning that all incom...

In the FAQ issued on March 4, the CBDT said that where notice for initiation of prosecution has been issued with reference to tax arrears, ...

Analysts tracking startups pointed out that many startups were already facing stress and several of them had even kick-started the process ...