The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) has held that the debt forgiveness cannot be taxed as...

The Income Tax Appellate Tribunal (ITAT) has exempted Kapil Dev from income tax on Rs. 1.5 Crore granted by Board of...

Cricket lovers shelling out thousands for IPL tickets might be surprised to learn they are paying more than 70% in...

The Karnataka High Court has held that the Goods and Service Tax (GST) is applicable on residential bookings made before...

In a significant move to enhance India's attractiveness as a global financial hub, the Government has introduced key...

The Finance Bill, 2025 has introduced a significant amendment to Section 10(10D) of the Income-tax Act, 1961, providing...

The Indian government has introduced an amendment to the proposed Section 44BBD of the Income-tax Act, 1961, through the...

In a significant move aimed at reducing compliance burdens and facilitating the relocation of fund managers of offshore...

The Delhi High Court has held that the Student Almanac and teacher planner were not eligible for duty and, therefore,...

The Central Bureau of Investigation (CBI) has arrested the Superintendent of GST, Medak, Hyderabad, Telangana for...

Direct Tax Weekly Flashback for the period 16 March to 22 March 2025. Table of ContentsDelhi High CourtMere Suspicion...