Section Analytics is a great way to access all the information related to a section, including cases quickly. This becomes a ready reckoner for you,
Read full postSection 92B of the Income Tax Act defines `international transaction’. So let’s start with a simplified reading of the section. Simplifying Section 92B – International
Read full postSection 92A of the Income Tax act provides the meaning of Associated Enterprise, yet there has been considerable litigation around the subject. In this article,
Read full postA limited scrutiny assessment is one which is undertaken by the assessing officer when he/she finds certain discrepancies in the income tax return which he/she
Read full postSection 68 of the Income Tax Act, deals with unexplained credit whose nature and source cannot be satisfactorily explained by the assessee. Section 68 is
Read full postThe genesis of all lawsuits lies in a cost-benefit analysis. Fighting a case would rationally only make sense if the end result was to result
Read full postA legal and ethical issue has been brought before the Madras High Court by the tax department raising a conflict in the applicability of the
Read full postOn 3 July 2018, the Organisation for Economic Co-operation and Development (‘OECD’) released the first public discussion draft on the transfer pricing aspects of financial transactions (‘the
Read full postDigital transformation of the world’s economy is changing the way businesses are operating globally. The business models and value creation processes of the digitalized enterprises
Read full postA crucial shift from the use of the London Interbank Offered Rate (LIBOR) is gaining momentum, with news looking at the end of LIBOR by
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