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Direct Tax
Copy of SC order framing 3 questions of law in DDT vs DTAA tax rate controversy
May 14, 2026
Rulings
Direct Tax
SC: Interest on capital borrowed for subsidiary’s benefit is deductible business expenditure; Allows deduction u/s 36(1)(iii)
May 13, 2026
- In Favour of Assessee
- Citation Number : TS-678-SC-2026
Rulings
Direct Tax
SC: Hands Revenue an important re-assessment win, relies on Calcutta Discount & Phool Chand ratio
May 12, 2026
- In Favour of Assessee
- Citation Number : TS-675-SC-2026