Upon appeal, the AAAR upheld GAAR’s ruling, rejecting Riddhi Enterprise’s argument. The ruling referenced previous cases, ...

Gujarat Appellate Authority for Advance Ruling (AAAR) has upheld the Gujarat Authority for Advance Ruling’s (GAAR) decision ...

Supreme Court stays Delhi High Court ruling on India-Mauritius DTAA, causing uncertainty for foreign investors, impacting tax ...

House Study Bill 67 would remove from law the Iowa Legislature’s declared purpose of reducing the state’s reliance on petroleum products and “reducing atmospheric contamination” caused by burning ...

On January 16, 2025, the Treasury Department (Treasury) and Internal Revenue Service (IRS) published new proposed regulations related to ...

The technology industry in India expects the Union Budget to bring in a taxation structure that will reduce paperwork and ...

The Arizona Diamondbacks could use redirected tax revenue to fix up Chase Field under a proposal state lawmakers are considering.

Back in the spring of 2021, the IRS began sending these payments in advance based on information from your 2020 or 2019 tax return. Many people received ... payments had a different set of complex ...

An advance ruling refers to the facility of obtaining a judgment in advance from the Authority for Advance Rulings. The facility is used when the assessee has anticipated contentious issues in the ...

advance tax payments by corporations recorded over 16 per cent growth. “The hope is that the government’s continued efforts to simplify tax rules, enhance tax compliance, and widen the tax ...

Failure to obtain service tax registration would attract penalty in terms of Section 77 of the Finance Act, 1994. Know more about Advance Ruling in Income Tax.