Resolving Dual Tax Residency: Interplay of Domestic Law and Treaty Frameworks
2. Interplay of domestic residency and income taxation Sec 6 of the Income Tax Act (‘ITA’) 2025 provides the framework
Income Tax
Income Tax, Uncategorized
Income Tax Act 2025: Old wine in new bottle or a Pandora’s Box?
Enactment of Income Tax Act 2025 (‘ITA 2025’) The Income Tax Bill (‘ITB’) 2025 was tabled in the Lok Sabha
Income Tax
Case study on Society Self-Redevelopment – Direct Tax
Facts of the case ABC Co-operative Housing Society Ltd (“Society”) is a 50 years old building constructed on a freehold
Income Tax
TAX ISSUES IN RELATION TO FIRM
The Indian Partnership Act do not provide separate legal entity status to the partnership firm, however, for the purpose of
Income Tax
COMPUTATION MECHANISM U/S 9B, 45(4) & 48(iii) AND INTRICACIES THEREOF
The partnership firm does not enjoy the status of a separate legal entity, hence the partners always had a vested
Income Tax
Interplay Between TDS And TCS Provisions
The ambit of Tax deduction at source (TDS) and Tax collection at source (TCS) has been widened over a period