The Tribunal held that reassessment fails when the show-cause notice is issued on an incorrect factual premise. Jurisdiction under section 147 collapses if the foundation under section 148A is ...

The court described the proceedings against the Roys as arbitrary, unlawful, and contrary to fundamental adjudicatory ...

The court observed that repeatedly triggering reassessment proceedings in such circumstances “hits the very root of fair ...

Those who fail to prepare, prepare to fail.” This principle has never been more relevant than today. Businesses that fail to adapt to new compliance requirements are not spared the consequences. With ...

India’s Supreme Court has reaffirmed the substance-over-form doctrine in the Tiger Global tax case, allowing denial of treaty ...

At the heart of the judgment lies the Court’s endorsement of the principle - that transactions must be evaluated in light of, inter alia, commercial realities ...