--- title: "Taxation" url: https://acuitylaw.co.in/taxation/page/4/ type: archive --- - [![](https://acuitylaw.co.in/wp-content/uploads/2024/02/Taxes.jpg)](https://acuitylaw.co.in/permanent-establishment-an-independent-taxable-entity-distinct-from-the-global-entity/) ### [Permanent Establishment – An independent taxable entity distinct from the global entity](https://acuitylaw.co.in/permanent-establishment-an-independent-taxable-entity-distinct-from-the-global-entity/) January 14, 2025 Recently, the full bench of Hon’ble Delhi High Court in the case of Hyatt International Southwest Asia Ltd. v. ADIT… - [![](https://acuitylaw.co.in/wp-content/uploads/2024/02/Taxes.jpg)](https://acuitylaw.co.in/reverse-flipping-an-overview-of-the-legal-tax-and-regulatory-regime-in-india/) ### [Reverse Flipping – An Overview of the Legal, Tax and Regulatory Regime in India](https://acuitylaw.co.in/reverse-flipping-an-overview-of-the-legal-tax-and-regulatory-regime-in-india/) December 16, 2024 The phenomenon of ‘reverse flipping’ is gaining momentum among Indian-origin start-ups. This update examines the two main structures for achieving… - [![Functionality test to be applied for availing input tax credit](https://acuitylaw.co.in/wp-content/uploads/2024/02/Acuity-thhumbnial-37.png)](https://acuitylaw.co.in/supreme-court-judgment-functionality-test-to-be-applied-for-availing-input-tax-credit/) ### [Supreme Court judgment – Functionality test to be applied for availing input tax credit](https://acuitylaw.co.in/supreme-court-judgment-functionality-test-to-be-applied-for-availing-input-tax-credit/) October 17, 2024 In the case of Chief Commissioner of Central Goods and Services Tax & Ors. v. M/s Safari Retreats Private Limited… - [![](https://acuitylaw.co.in/wp-content/uploads/2024/02/Acuity-thhumbnial-25-1.png)](https://acuitylaw.co.in/cbdt-circular-on-enhancement-of-monetary-limits-for-filing-appeals/) ### [CBDT Circular on Enhancement of Monetary Limits for Filing Appeals](https://acuitylaw.co.in/cbdt-circular-on-enhancement-of-monetary-limits-for-filing-appeals/) October 8, 2024 On 17 September 2024, the Central Board of Direct Taxes has notified increase in monetary limits for filing appeals and… - [![](https://acuitylaw.co.in/wp-content/uploads/2024/02/Untitleddesign42.png)](https://acuitylaw.co.in/india-mauritius-tax-treaty-upheld-in-tiger-global-flipkart-transaction/) ### [India-Mauritius Tax treaty upheld in Tiger Global-Flipkart transaction](https://acuitylaw.co.in/india-mauritius-tax-treaty-upheld-in-tiger-global-flipkart-transaction/) October 8, 2024 In Tiger Global International III Holdings v. AAR, the Hon’ble Delhi High Court (Court) addressed the scrutiny of transactions involving… - [![GST Update: Circulars issued post the 54th GST Council Recommendations](https://acuitylaw.co.in/wp-content/uploads/2024/02/GST.jpg)](https://acuitylaw.co.in/gst-circulars-54th-gst-council-recommendations/) ### [GST Update: Circulars issued post the 54th GST Council Recommendations](https://acuitylaw.co.in/gst-circulars-54th-gst-council-recommendations/) September 19, 2024 Pursuant to recommendations of the 54th GST Council meeting held on 9 September 2024, the Central Board of Indirect Taxes and… - [![](https://acuitylaw.co.in/wp-content/uploads/2024/02/Acuity-thumbnail-11.png)](https://acuitylaw.co.in/taxability-of-compensation-in-relation-to-diminution-in-value-of-esops/) ### [Taxability of compensation in relation to diminution in value of ESOPs](https://acuitylaw.co.in/taxability-of-compensation-in-relation-to-diminution-in-value-of-esops/) August 29, 2024 Recently, the Hon’ble Madras High Court in the case of Nishithkumar Mukeshkumar Mehta v. DCIT, has dealt with the question… - [![](https://acuitylaw.co.in/wp-content/uploads/2024/02/Acuity-thumbnail-23.png)](https://acuitylaw.co.in/no-extra-benefit-can-be-claimed-beyond-the-return-of-income/) ### [No extra benefit can be claimed beyond the return of income](https://acuitylaw.co.in/no-extra-benefit-can-be-claimed-beyond-the-return-of-income/) August 22, 2024 Recently, the Income-tax Appellate Tribunal (ITAT) Delhi in the case of Nikesh Arora vs. Deputy Commissioner of Income-tax has arrived… - [![](https://acuitylaw.co.in/wp-content/uploads/2024/05/Untitled-design-3-1024x1024.jpg)](https://acuitylaw.co.in/revenue-not-estopped-from-examining-the-taxability-of-receipts-other-than-attributable-to-service-pe/) ### [Revenue not estopped from examining the taxability of receipts, other than attributable to service PE](https://acuitylaw.co.in/revenue-not-estopped-from-examining-the-taxability-of-receipts-other-than-attributable-to-service-pe/) July 16, 2024 In this globalized economy, individuals and businesses often operate across borders, leading to potential double taxation issues, which is prevented… - [![](https://acuitylaw.co.in/wp-content/uploads/2024/07/PLI-Scheme-16-12-2022-e1721122745389.jpg)](https://acuitylaw.co.in/production-linked-incentive-scheme-for-white-goods-application-window-reopened/) ### [Production Linked Incentive Scheme for white goods – application window reopened](https://acuitylaw.co.in/production-linked-incentive-scheme-for-white-goods-application-window-reopened/) July 16, 2024 The Indian Government had approved a Production Linked Incentive (PLI) scheme for White Goods (PLIWG Scheme) on 07 April 2021,… - --- ## Acuity Law - Website: https://acuitylaw.co.in - Contact: richagotech@gmail.com