The Calcutta High Court’s recent decision in Winsome Highrise Pvt. Ltd. & Anr. vs Union of India & Ors. has sent ripples through the Indian tax community. By setting aside…
Section 54F and the Changing Landscape of Capital Gains Exemption Section 54F of the Income Tax Act has long served as a vital relief for taxpayers looking to reinvest capital…
Section 263 and the Supreme Court’s New Guardrails: A Fresh Look at Revisionary Powers Section 263 of the Income Tax Act, 1961 has long been a double-edged sword in the…
Picture a scenario where a single approving authority is expected to review and sign off on 85 complex tax assessment orders in just one day. Can genuine scrutiny and independent…