The Tax Collected at Source (TCS) is a mechanism put in place by the government to control tax evasion. It works by putting the onus

Appellant: SAP LABS INDIA PRIVATE LIMITED Respondent: INCOME TAX OFFICER, CIRCLE 6, (Bangalore) Issue: The case deals with the determination of the arm’s length price

Introduction The Union Budget for 2023-24 is approved by both houses of Parliament with a total of 64 official amendments. We have summarised the key

Introduction With more than 60 amendments to the bill which was originally introduced, the Finance Bill 2023 has been passed by the Lok Sabha, on

“CBDT issues refund of over ₹ 49,696 crores to more than 22.75 lakhs taxpayers between 1st April 2021 to 16th August 2021”, said the tax

The Government had provided relief to the taxpayers by waiving late fee for non-filing GSTR-3B for the tax periods from July, 2017 to April, 2021,

Of late, taxpayers are facing several obstacles while filing their income tax returns for the Financial Year 2020-21  In view of this difficulty & the

Copyright Copyright is the right not to copy someone’s work. Copyright gives the object owner exclusive rights to his or her work. If a work is

In continuation of the relaxations offered by the government vis-a-vis payment & filing taxes, the revenue departments released a series of notifications. Our latest blog