Taxation

Income Tax, Custom Duty, GST, Transfer Pricing, Tax Litigation & Advisory

Taxation

Taxation

Special Value Branch Rules

The import of goods from related parties is referred to the Special Valuation Branch (SVB) of Indian customs authorities to investigate transaction...

Trending Topics · 3 years ago · By  ILO Editorial

Taxation

Taxation

Assessment and Litigation - Income Tax Controversy

The Indian Constitution has empowered only the Central Government to levy and collect income taxes. The Ministry of Finance (Department of Revenue)...

Trending Topics · 3 years ago · By  ILO Editorial

Taxation

Low Tax Deduction Certificate

Provisions of section 197 of the Income Tax Act, 1961 provide taxpayers with a lower tax rate or NIL deduction of TDS (TDS exemption)....

Trending Topics · 3 years ago · By  ILO Editorial

Taxation

Permanent Establishment (PE) in India

The concept of a PE is defined in the Double Tax Avoidance Agreement between countries and Income Tax Act 1961....

Trending Topics · 3 years ago · By  ILO Editorial

Taxation

Appeal under Custom Laws

The Indian Constitution has empowered only the Central Government to levy and collect income taxes. The Ministry of Finance (Department of Revenue) through the Central Board of Indirect Taxes and Customs (CBIC), an apex tax authority, implements and administers indirect tax laws....

Trending Topics · 3 years ago · By  ILO Editorial