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- Feb 29
- 4 min
[ITAT] Deemed Dividend Under S. 2(22)(e) of the Income-Tax Act Is Taxable in the Hands of the Beneficial Shareholder
ITAT rules: Loans between entities with common shareholders are not 'deemed dividends' under Income-Tax Act s. 2(22)(e).
- Feb 23
- 3 min
No Mens Rea, No Prosecution: Bombay High Court Quashes Tax Evasion Proceedings
Introduction The Hon’ble Bombay High Court (‘Bombay HC’) has recently in its judgment in Unique Trading Company v. Income Tax Officer[i]...
- Feb 15
- 3 min
India-France DTAA: ITAT Clarifies Taxation of PE-Related Interest Income
Introduction In the realm of international taxation, disputes often arise concerning the interpretation and application of double...
- Feb 14
- 3 min
A Case of Bona Fide Mistake: Bombay High Court Quashes Order & Directs Correction of Inadvertent GST Entry Mistake
Introduction The Bombay High Court (‘BHC’), in a recent ruling in the case of Unique Speciality Chemicals v. Deputy Commissioner of State...
- Feb 13
- 3 min
Writ Petitions v. Statutory Appeals: High Court’s Limited Jurisdictional Scope in GST Matters
Introduction The Hon’ble High Court of Kerala (‘HC’) recently rendered a judgement in the case of Adam Traders v. Deputy Commissioner,...
- Feb 12
- 4 min
Delhi High Court's Ruling on Legal Database Subscriptions: Implications for Copyright and Tax Liability
Delhi HC clarifies: Legal database subscriptions aren't taxable as 'royalty' under DTAA, absent a PE in India.
- Feb 12
- 3 min
Clarifying Tax Assessments: Bombay HC’s Analysis of Marriage Expenses & Income Disclosure
Bombay HC mandates a fair hearing on marriage expenses and income disclosure, emphasizing the importance of due process in tax assessments.
- Feb 10
- 4 min
Madras HC: No Interest Liability for Timely Tax Deposits in Electronic Cash Ledger
Introduction The Hon’ble Madras High Court (‘HC’) in the case of Eicher Motors Ltd. v. Superintendent of GST and Central Excise, Range...