India: Tax

The Delhi High Court has departed from established precedent by ruling that expatriate secondees remain under the control of their seconding entity and retain employment liens, even while working for Indian entities. In Ernst and Young U.S. LLP, the court held that cost-to-cost salary reimbursements for seconded employees constitute Fee for Technical Services under Indian tax law and the India-US tax treaty, overturning the Income Tax Appellate Tribunal's decision that had favored the taxpayer.

The India–United Kingdom Comprehensive Economic and Trade Agreement (“India‑UK CETA”) will enter into force with effect from 15 July 2026. Consequently, the Customs Tariff...

The Delhi High Court's recent ruling in the Ernst & Young U.S. LLP case has reignited the debate over cross-border employee secondments, determining that reimbursed salary costs constitute taxable technical services rather than mere fiscal pass-throughs. This decision, which closely mirrors the foundational Centrica India Offshore precedent, establishes that seconded employees who retain employment liens and social security benefits with their overseas entities remain employees of the foreign entity, thereb

The Bangalore Bench of the ITAT has delivered an important ruling clarifying the tax treatment of consideration received on repurchase of vested but unexercised employee stock options (ESOPs). The Tribunal held that such consideration is taxable as capital gains and not as salary since the options were never exercised and no shares were allotted.

The Central Board of Direct Taxes issued an order dated 9th July, 2026, authorizing the Director General of Income-Tax (Systems) to upload financial data obtained via the Automatic Exchan-ge of Information (AEOI) framework into taxpayers’ Annual Information Statements (AIS) in Form No. 26AS. This directive requires that international financial information currently held for the years 2022, 2023 and 2024 be integrated into taxpayer records within 90 days of the order’s issuance.

The Supreme Court has clarified when the doctrine of 'change of opinion' applies in tax reassessment proceedings, examining whether mere production of documents satisfies the requirement of full and true disclosure.

Cross-border service delivery is central to the operating model of most GCCs. The global capability center may be operating to strengthen finance, technology, analytics, procurement, or back-office functions for overseas group entities.

The Delhi High Court's recent ruling in the Ernst & Young U.S. LLP case has reignited the debate over cross-border employee secondments, determining that reimbursed salary costs constitute taxable technical services rather than mere fiscal pass-throughs. This decision, which closely mirrors the foundational Centrica India Offshore precedent, establishes that seconded employees who retain employment liens and social security benefits with their overseas entities remain employees of the foreign entity, thereb

Most businesses running entities across the UAE, Singapore and India assume their compliance position is solid because each entity files on time in its own jurisdiction. However, that assumption is rarely tested until an audit exposes the gaps.

Special Economic Zones offer export-oriented businesses and foreign investors a distinct fiscal and regulatory framework to operate in India. What tax exemptions, customs benefits, and compliance obligations apply to SEZ units under current law, and how have recent amendments reshaped the policy landscape for semiconductor manufacturing and domestic market sales?

Most businesses have become comfortable with UAE corporate tax filing by now.  The deadlines are on the calendar, the forms are familiar, and finance teams are well into the rhythm. What fewer businesses have stopped to check is whether the accounting software they're running can actually keep up with what's coming next.  This includes everything from transfer pricing schedules to the phased rollout of e-invoicing.  This guide explains what that readiness actually looks like for finance directors, SME owners, and compliance officers working through UAE corporate tax compliance right now.

The Supreme Court has clarified when the doctrine of 'change of opinion' applies in tax reassessment proceedings, examining whether mere production of documents satisfies the requirement of full and true disclosure.