What’s new in the Income Tax Bill, 2025
The Income-tax Bill cuts some clutter of the existing Act and introduces new illustrative tables, while maintaining ...
Live Law2d
'Every Statute Prospective Unless Expressly Stated Otherwise' : Supreme Court Says 2002 Amendment To CST Act Won't Affect Accrued Rights
The Supreme Court yesterday (on February 12) held that though after the amendment of Section 8(5) of the Central Sales Tax ...
New IT Bill streamlines tax laws, not a mere amendment: FM Sitharaman
Finance Minister Nirmala Sitharaman introduces new Income Tax Bill, simplifying language, eliminating redundant provisions, ...
Tax Guru4d
Entry Tax: Hauntings of the Past
A legal fight is worth fighting if the remains of the war are buried forever. However, the fight is not worth it if the ...
IRS Memo Marks A Major Shift In Transfer Pricing Approach
Ryan Finley explains why the IRS’s recent advice memorandum on periodic adjustments may signal a significant change in ...
philstar.com4d
A look back: A company’s claim for input VAT
Section 110(A) of the Tax Code, as amended, identifies the transactions creditable against output tax. Among the transactions are the purchase or importation of goods for sale, for conversion into or ...
Navigating the IRS alphabet soup: There are nearly two dozen different 1099 forms, we explain them all
Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different ...
Tax Guru6d
Foreign Tax Credit cannot be disallowed for delay in filing Form 67: ITAT Pune
Adv. Sachin P. Kumar successfully represented his client in Foreign Tax Credit dispute before the Income Tax Appellate ...