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Year: 2026

Section 195 vs Reimbursement to Non-Residents: When TDS Applies and When It Does Not (With GST RCM Implications)

Section 195 vs Reimbursement to Non-Residents: When TDS Applies and When It Does Not (With GST RCM Implications) With increasing globalization, many Indian businesses work with consultants, employees, and representatives

GST on SaaS Subscriptions (ChatGPT, Claude, etc.) – RCM

GST on SaaS Subscriptions (ChatGPT, Claude, etc.) – RCM & Place of Supply Explained (2026 Guide) With the rapid adoption of AI-powered platforms like OpenAI’s ChatGPT and Anthropic’s Claude, Indian

Navigating the Shift: Presumptive Taxation Under the Income Tax Act, 2025

Navigating the Shift: Presumptive Taxation Under the Income Tax Act, 2025 The transition from the Income Tax Act, 1961, to the Income Tax Act, 2025, marks a significant overhaul in

The End of Section 13(8)(b) and the Transformation of Intermediary Service Taxation

Budget 2026: The End of Section 13(8)(b) and the Transformation of Intermediary Service Taxation For nearly a decade, the taxation of “intermediary services” has been one of the most contentious

Old Income-tax Act, 1961 vs New Income-tax Act, 2025

📘 Some Important Sections: Old Income-tax Act, 1961 vs New Income-tax Act, 2025 📌 Concept continuity with structural renumbering 1. Heads of Income 🔹 Old: Sec 14 | New: Sec

GST Treatment of Post-Sale Discounts:

GST Treatment of Post-Sale Discounts: CBIC Clarification and Budget 2026 Impact Introduction Post-sale discounts are a common commercial practice across manufacturing, trading, and distribution businesses. However, under the Goods and

Economic Survey 2025-26

Economic Survey 2025-26 According to the Economic Survey 2025-26, the global economy is currently navigating a highly uncertain environment characterized by geopolitical fragmentation and financial fragility. The Survey outlines three

IGST on Intermediary Courier Facilitation Services

 Place of Supply and Levy of IGST on Intermediary Courier Facilitation Services Legal Framework, Practical Scenarios and Return Implication 1. Introduction In recent years, GST professionals have increasingly encountered transactions

Sales to Merchant Exporters under GST

Sales to Merchant Exporters under GST: Detailed Guide on Notifications 40/2017 & 41/2017 1. Introduction Under the GST regime in India, the standard rule is that a supplier must charge

Landmark Tripura High Court Judgment on Input Tax Credit

  *Landmark Tripura High Court Judgment on Input Tax Credit:* In a significant ruling delivered on January 6, 2026, the Tripura High Court in *M/s Sahil Enterprises v. Union of