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Advance ruling

Section 96 of RFCTLARR Act Overrides Tax Ambiguity: CBDT Clarifies Compensation for Acquired Land Not Taxable

The tax treatment of compensation received on compulsory acquisition of land under the Right...

President Promulgates Income Tax Amendment Ordinance, 2026; Exempts FIIs and BIS from G-Sec Tax Liabilities

The President of India has promulgated the Income-tax (Amendment) Ordinance, 2026 (No. 2 of...
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Assessment Can Proceed Except on Issues Pending For Advance Ruling: Delhi High Court

The Delhi High Court has held that income tax assessment proceedings need not be...

SCN Issued After Application Can’t Bar Advance Ruling: HC Quashes Customs Orders On Apple Watch Classification Dispute

The Bombay High Court has held that show-cause notice issued after application cannot bar...

AAR Weekly Flashback: 2 To 8 March 2025

Authority of Advance Ruling (AAR) Weekly Flashback for the period 2 to 8 March...

Latest articles

Section 96 of RFCTLARR Act Overrides Tax Ambiguity: CBDT Clarifies Compensation for Acquired Land Not Taxable

The tax treatment of compensation received on compulsory acquisition of land under the Right...

President Promulgates Income Tax Amendment Ordinance, 2026; Exempts FIIs and BIS from G-Sec Tax Liabilities

The President of India has promulgated the Income-tax (Amendment) Ordinance, 2026 (No. 2 of...

SEBI Probes Rajesh Exports Over Revenue Misrepresentation; Company Denies Allegations

Rajesh Exports Ltd., one of India's best-known gold refining and jewellery manufacturing companies and...

RBI Keeps Repo Rate at 5.25%: Impact on Loans, EMIs and Savings

The Reserve Bank of India (RBI) has kept the benchmark repo rate unchanged at...