Supreme Court Ruling Casts Tax Shadow on Merger Share-Swap Deals
Supreme Court rules notional gains on merger share-swap taxable as business income if shares are held as stock-in-trade. Big impact on investors, traders, mergers & tax disputes i…
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Supreme Court rules notional gains on merger share-swap taxable as business income if shares are held as stock-in-trade. Big impact on investors, traders, mergers & tax disputes i…
ITAT Bengaluru rules Flipkart co-founder Binny Bansal remained an Indian tax resident despite Singapore relocation. DTAA benefits denied under Section 6 residency rules.
Union Budget 2026 may increase tax exemptions on savings and FD interest under Sections 80TTA and 80TTB, bringing major relief to retirees, senior citizens, and middle-class famil…
ITAT Chandigarh rules that Section 269SS does not apply to one-time cash payments made at property sale registration. Penalty under Section 271D deleted, giving relief to taxpayer…
Selling inherited property in India attracts capital gains tax, not inheritance tax. Supreme Court clarifies tax liability, exemptions under Sections 54 & 54EC, and rules for shar…