Dear Readers, I hope you are doing well. With the due date for filing Income Tax Returns approaching, NRIs should exercise greater caution while preparing the same. The Income Tax Department now relies extensively on technology-driven data matching through AIS, Form 26AS, banking information, property

Dear Readers, I hope you are doing well. For NRIs, Income Tax Return (ITR) filing in India involves much more than reporting income. Choosing the correct ITR form, determining taxable income, claiming TDS credits, and ensuring proper compliance are essential to avoid notices, refund delays,

Dear Readers, I hope you are doing well. A recent ruling by the Bangalore ITAT in the case of Pradeep Narasimhan provides important clarity on tax residency and applicability of tie-breaker provisions under the India-Kazakhstan DTAA. The Tribunal deleted the addition of Rs. 71.60 lakhs

In an increasingly interconnected global economy, financial transparency has become a cornerstone of responsible governance and international cooperation. To strengthen this framework, the Income Tax Department has highlighted the significance of the Common Reporting Standard (CRS) and the Foreign Account Tax Compliance Act (FATCA)—two global

Dear Readers, The determination of an individual’s residential status under Indian tax law often becomes a contentious issue, especially in an era where global mobility and cross-border employment are increasingly common. Section 6 of the Income-tax Act, 1961 lays down a clear, quantitative framework for

Dear Readers, The subject of Goods and Services Tax (GST) is often seen as complex, more so when it intersects with cross-border situations like property rentals from Non-Resident Indians (NRIs). In practice, taxpayers, professionals, and even administrators frequently encounter doubts on how liability should be