Searched for
INTERNATIONAL TAXATION DEPARTMENT
Foreign investments in your portfolio? Follow this ITR checklist to avoid tax scrutinyResident and Ordinarily Resident (ROR) taxpayers with foreign assets or income must carefully disclose overseas investments, dividends and ...- ITR filing 2026: Foreign income and overseas assets? Avoid these 7 costly disclosure mistakesReturning Indians face new tax filing complexities. Foreign retirement accounts now necessitate the more detailed ITR-2, moving away from t...
- Rs 17.25 lakh income of an employee was added as taxable salary despite working in UK; ITAT Delhi gives him relief under India-UK DTAAThe Income Tax Appellate Tribunal (ITAT) Delhi has ruled that even if a non-resident salaried individual has received any ‘per-diem’ paymen...
- Sole proprietorship, LLP to private limited company; business structures for startups explainedChoosing the right business structure is crucial for a startup’s growth, taxation, compliance, control, and liability. DPIIT highlights fiv...
- Income Tax Department issues ITR scrutiny guidelines: These ITR filers may face compulsory scrutiny in FY 26-27The CBDT has released new guidelines for compulsory income tax return scrutiny in FY 2026-27, impacting returns filed in FY 2025-26. Specif...
- Startup investing in India: Why angel investing is high-risk, illiquid, and suitable only for patient investors with diversified portfoliosIndian startup investing, once fueled by easy money, now demands caution due to market volatility and inherent risks. While success stories...
- At Big 4 firms, AI is starting to reshape the tax professionMajor accounting firms in India are embracing artificial intelligence for tax services. AI is automating routine tasks, research, and draft...
- Good news for taxpayers! Faster tax refunds, quicker dispute resolution, TDS framework improvements and more planned by CBDT for 2026-27Taxpayers can anticipate significant improvements in the TDS system and faster resolution of tax disputes. The Central Board of Direct Taxe...
- Noida International Airport may lose fare edge over IGI despite UP’s fuel tax relief. Why?Flyers may not find cheaper flights from the new Noida International Airport as higher airport tariffs and passenger charges offset Uttar P...
- GST fault line: Supreme Court to rule if taxman can bundle years into one sweeping show-cause noticeThe Supreme Court is set to decide if tax authorities can issue a single show-cause notice for multiple financial years. This procedural is...
- Retrospective taxation justified, even US, UK, Netherlands have done it, says governmentIndia has applied retrospective taxation against Cairn Energy PLC, raising a demand of more than Rs 10,000 crore for capital gains on the U...
- India gives $100,000 to UN Tax Fund; 1st country to contributeThe UN Tax Trust Fund aims to support the work of the Committee of Experts on International Cooperation in Tax Matters (the UN Tax Committe...
- Government rejects Cairn Energy UK's plea for arbitration on Rs 10,247-crore tax disputeThe government has rejected Cairn Energy UK's plea for an arbitration over Rs 10,247-crore tax dispute under the bilateral investment prote...
- Government keen to resolve tax disputes between I-T, foreign companiesGovernment is keen to install a suitable mechanism for resolution of tax disputes between the I-T department and foreign firms operating in...
- Breather for IT companies: CBDT withdraws a controversial circularIn a breather to the IT industry, the Income Tax Department today announced withdrawal of a controversial circular and modification of anot...
- Tax paid by employer on behalf of staff is exempt from taxation: High CourtTax paid by an employer on behalf of employees is a non-monetary remuneration and therefore exempt from tax, according to an Uttarakhand Hi...
- Finance Ministry to invite scholars to deliberate on international tax issuesThe Finance Ministry has decided to invite scholars to get fresh ideas in the emerging areas of international taxation and transfer pricing.
- Foreign tie-ups of trusts taxableAAR has held that tax is to be paid on all cross-border transactions even if the parties involved are exempt from taxation in their countri...
- E*Trade Mauritius too gets call for capital gains taxBuoyed by a favourable Supreme Court order in the Vodafone tax case, the income-tax department has asked E*Trade Mauritius to pay capital g...
- MNC tax kitty exceeds target by Rs 4,000 crTax collections from the over 3,000 MNCs operating in the country have crossed the projected figure by Rs 4,000 crore to Rs 16,000 crore.
Load More
