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ITAT Appeal After the Income-tax Act 2025: Which Act, Which Form and What Limitation Applies
If you are heading to the Income Tax Appellate Tribunal now, the first question is not about the merits but about the statute. An ITAT appeal that touches the Income-tax Act 2025 t
Section 194Q TDS and the Section 40(a)(ia) Disallowance: When Late Deduction Costs You Thirty Per Cent
A trading or manufacturing business that buys goods in volume can discover, years later, that a missed deduction of a few thousand rupees has cost it lakhs. The reason is the link
Challenging an Income-Tax Assessment: The CIT(A)/NFAC Appeal, the ITAT and the High Court
Every contested income-tax demand in India runs the same three-stage income tax appeal ladder – first to the Commissioner (Appeals) or, for most taxpayers today, the faceless
Transaction Taxes on IFSC Exchanges: STT, CTT and Stamp Duty
Transaction taxes on IFSC exchanges affect trading costs and liquidity because they apply to transactions rather than profits. In India, securities transaction tax (STT), commoditi
Relocating an Offshore Fund to GIFT IFSC : The Tax-Neutrality Conditions
Moving a fund is not like moving an office. The relocation of offshore funds to GIFT City can involve two potential capital gains tax events: the fund’s transfer of assets to a n
Schedule VI: Which GIFT IFSC Income Is Exempt for Non-Residents, and on What Conditions
Most published summaries of GIFT IFSC tax benefits describe exemptions that belong to investors rather than to the IFSC unit itself. Under the Income-tax Act, 2025, those investor-
Reassessment Under Section 148: The Borrowed-Satisfaction Defence (2025-26)
Executive Summary The power to reopen an assessment under Section 148 of the Income Tax Act 1961 is among the most consequential and contested provisions in Indian tax law. It enab
Section 144B, Faceless Assessment, Income Tax, Tax Law, NFAC, Tax Appeal, Taxpayer Rights, CBDT, ITAT, Direct Tax
Executive Summary The faceless assessment 144b challenge has emerged as one of the most consequential procedural topics in Indian direct tax law since the introduction of mandatory
DTAA & Form 10F: Securing Lower Withholding Tax for Non-Residents
Executive Summary The intersection of dtaa form 10f non resident Indian tax compliance has become an increasingly critical area of practice as cross-border transactions involving r
When Doubt Benefits the Government: The Revenue-Favourable Interpretation of Exemption and Deduction under Indian Income Tax Law
Abstract For decades, Indian tax practitioners operated on the assumption that any ambiguity in a tax provision — whether it imposed a liability or granted a relief — should be
