Hope this newsletter finds you in good health. We are pleased to share with you a copy of our latest publication – GST Café, a briefing on the extension of the Foreign Trade Policy 2015-20 and incentives thereunder on account of the COVID-19 pandemic. To read the GST Cafe, click at Download Newsletter. We trust […]
We are pleased to share with you a copy of our latest publication – GST Café, a briefing on recent relief given by the Ministry of Finance under indirect tax laws in view of the pandemic COVID-19. To read the GST Cafe, click at Download Newsletter. We trust that you will find the same useful. […]
The existing regime of taxation of dividend in India is provided in Section 115-O of the Indian Income Tax Act, 1961 (the Act), which is a special provision for the levy of additional income tax on such distributed profits, commonly referred to as dividend distribution tax (DDT), on the amount of dividends declared or distributed […]
The requirement to file a tax return in India is provided under Section 139(1) of the Indian Income-tax Act, 1961 (the Act), whereby all companies are required to furnish an income tax return irrespective whether the income earned by them (which has territorial nexus with India) is chargeable to tax in India or not (see […]
The 39th GST Council Meeting was held on 14th March, 2020 at New Delhi. The GST Council has made various recommendations on procedure as well as law, including in respect of (i) Aadhaar authentication, (ii) entities undergoing corporate insolvency resolution, (iii) disbursal of refunds on account of zero-rated supplies, (iv) deferment of e-invoicing and QR […]
We are pleased to share with you the copy of our latest edition of “TaxBuzz…”, wherein we have analysed the recent ruling of the Bombay High Court (Goa Bench) in the case of Sesa Goa Ltd., wherein the Court has upheld the claim of the assessee regarding allowability of deduction under section 40(a)(ii) of the […]
