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TAX LITIGATION
Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...
US Customs’ $166 billion tariff refund plan faces court fight over who gets access to payoutsA government official testifies today in federal court. This concerns billions of dollars in import taxes. The Supreme Court ruled these ta...
Expired dates? Young Indians face dating burnout despite spending more on finding loveAmid the bustling life of young urban Indians, an ironic trend emerges: individuals thriving in their careers are still finding themselves ...
BIT sweeter? India weighs easing treaty rules with safeguards to attract foreign capitalAs the world shifts economically, India is set to revamp its investment treaty frameworks. The government is exploring options to simplify ...
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...
I-T department to move Supreme Court against HC relief in public trust rowThe rift stems from the Income-tax department's demand that deeds of these religious and charitable trusts must categorically state that th...
Trump moves to block wider tariff refunds, appeals order covering all importersIn a landmark Supreme Court ruling, businesses are cashing in on refunds for import tariffs. Yet, the Trump administration intends to chall...
Trump & co appeal US court ruling that could force broad repayment of 'illegal' tariffsThe Trump administration will appeal a judge's order for across-the-board refunds of illegal tariffs, potentially creating legal chaos. Thi...
Anthropic approaches $1T valuation; Google ads face heatAnthropic neared a trillion-dollar valuation following fresh funding. This and more in today's ETtech Top 5.
Mumbai man received tax notice over unreported income, not filing ITR; ITAT rules in his favour on TDS benefit, tax demand reducedManoj Soman had not filed an ITR for the relevant assessment year, which is FY 10-11 in this case. Based on information available through t...
Pernod’s Delhi drought deepens as Indian court rejects liquor sales pleaA French liquor giant's bid to restart sales in New Delhi has been denied by an Indian court. This marks three years since the company's pr...
All bets are off as SC’s GST ruling squeezes RMG companiesThe GST demand of Rs 92,000 crore on past transactions will also impact larger players such as Dream11, Junglee Games and Mobile Premier Le...
Swiggy CEO on failed shareholder vote; Indian firms brace for MythosHappy Thursday! Swiggy group CEO Sriharsha Majety opened up about the recent hitch to become an Indian-owned company. This and more in toda...
Trump govt’s new green card rules leave many questions unansweredA new USCIS policy memo is causing confusion for immigrants seeking green cards in the US. Immigration officers will now apply closer discr...
Why Pernod Ricard is facing heat in one of its most crucial liquor marketsFrench liquor giant Pernod Ricard faces significant hurdles in India, its largest global market by volume. The company is embroiled in a ma...
Green card rules change: An immigration lawyer answers all your key questionsA new USCIS policy memorandum, PM-602-0199, impacts Adjustment of Status applications. Immigration officers will now scrutinize application...
UK’s steel curbs emerge as an early hurdle for FTA with India ahead of roll-out. Is there a way out?The UK has extended safeguard measures on select steel imports; starting from July 1, 2026, it will reduce tariff-free quotas by 60% and im...
How to manage the rupee while protecting growthFirst, on the rupee, one of the most effective ways to stabilise the currency is to improve the flow of foreign exchange into the country. ...
Mumbai anti-encroachment drive: Western Railway clears Rs 600 crore land, violence erupts in BandraWestern Railway is conducting a massive anti-encroachment drive in Garib Nagar, Mumbai. Hundreds of structures are being demolished to recl...
Trump’s $1.776 billion IRS settlement sparks debate as critics question legality of the compensation fundA major legal settlement involving Donald Trump and the IRS faces scrutiny. A $1.776 billion fund for alleged "weaponization" and a ban on ...