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Time Exclusion For Reassessment Applicable Only if Reference Made Under Indo-Swiss DTAA: Delhi High Court 

The Delhi High Court has held that that time exclusion for reassessment applicable only...

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GST Liability Shift to Property Owners for Event-Based Tax Evasion: Goa Mandates Pre-Event Disclosure to Prevent Revenue Leakage

The Government of Goa has issued a detailed order mandating property owners to furnish...

DGFT Unveils Rs. 497 Crore ‘RELIEF’ Scheme to Cushion Exporters Against Gulf–West Asia Shipping Disruptions

The Directorate General of Foreign Trade (DGFT) has introduced a time-bound support mechanism for...

Composite GST SCN for Multiple Years Held Unsustainable: Kerala High Court

The Kerala High Court has set aside a GST show cause notice (SCN) holding...

New Income Tax Act, 2025 to Take Effect from April 1, 2026, Introducing Simplified “Tax Year” System

India is set to usher in a major overhaul of its direct tax framework...