Curated legal news, case breakdowns, and workflow tips for fast-moving practitioners.
Showing 5 of 12 articles.
MNC employees face Income Tax notices for ESOPs and RSUs due to foreign asset reporting lapses. Learn Schedule FA rules, FATCA scrutiny, and how to stay compliant.
Income Tax Department’s Non-Filer Monitoring System tracks property purchases, cash deposits, luxury spending & investments. Know ITR filing laws, penalties, prosecution risks, an…
Cash transfers between husband and wife above ₹20,000 may attract Income Tax notices under Sections 269SS & 269T. Know rules, penalties, and safe alternatives.
ITAT Delhi rules that UAE-based NRIs cannot be penalized for not filing ITR when TDS is already deducted. Big relief under DTAA norms.
The ITAT Mumbai rules that excess repayment made by a Karta to an HUF is a capital receipt and not taxable income. Landmark ruling protects HUFs from arbitrary income tax notices.