Bombay HC allows benefit of Article 13(4) of India Singapore DTAA on capital gains and rejects Revenue’s contention on application of Article 24 (Limitation of Relief)

Changes w.r.t. Liberalised Remittance Scheme (LRS) and Tax Collection at Source (TCS)

ITAT allows long term capital loss on intra group share transfer claimed through revised return

Section 56(2)(viia) would prevail over section 47(vi) for shares transferred on account of amalgamation

Aurtus Flash Alert - Bombay HC overturns AAR ruling on grandfathering