Navigating the complexities of international taxation can be challenging for Non-ResidentIndians (NRIs), especially when it comes to managing income earned in multiple countries.Fortunately, the Double Taxation Avoidance Agreement (DTAA) between…

Residential Status & Its Related Tax Implications Every resident individual pays taxes to the government for maintaining and providing a welfare state. The Income Tax Act, 1961 governs the applicability…

If the goods have been shipped to the customer but not yet delivered, revenue recognition depends on whether the risks and rewards of ownership have been transferred to the customer.…