In its ruling, the ITAT Pune concluded that the provisions of Rule 128 (9) are directory, not mandatory, aligning with judicial precedents emphasizing the supremacy of DTAA provisions in cases of ...

Khan's UK earnings were taxed in the UK, and India's DTAA with the UK allowed him to offset this tax against his Indian ...

In our current era of geopolitical churn and uncertainty, Prime Minister Narendra Modi’ visit to Mauritius (March 11-12, 2025 ...

Mauritius, an island nation in the Indian Ocean, is of geopolitical significance to India that cannot be overstated in ...

Taxation of Freelancers And GIG Workers: Navigating Compliance In The Digital Age ...

A Bollywood actor wins a major tax case on Foreign Tax Credit (FTC). Learn how FTC works, key legal takeaways, and how to ...

Khan had declared an income of Rs 83.42 crore in his tax return, but the tax officer reassessed it as Rs 84.17 crore and denied him foreign tax credit (FTC) for taxes paid in the UK.

Managing finances across borders is a complex task for Non-Resident Indians (NRIs). Careful planning is essential to ensure ...

Shah Rukh Khan has secured a crucial legal victory as the Income Tax Appellate Tribunal (ITAT) ruled in his favour, ...

A foreign tax credit (FTC) allows taxpayers to offset income tax paid in another country against their Indian tax liability.