Tax Dept intensified scrutiny on Section 80G donations & HRA exemptions The Income Tax Department's intensified scrutiny on Section 80G donations and HRA exemptions under Section 10(13A) highlights the need… Read More
Complete Understanding of Section 44BBD of the Income-tax Act, 1961 - New Presumptive Tax Regime for Non-Residents Introduction The Finance Bill, 2025, introduces Section 44BBD, which establishes a presumptive taxation… Read More
Investment in NHAI, REC, PFC, & IRFC Bonds For Capital Gain Exemption U/s 54EC Section 54EC of the Income Tax Act allows income tax taxpayers to claim an exemption on… Read More
Critical concerns faced by MSMEs & Exporters under GST A parliamentary panel flags issues faced by Micro, Small & Medium Enterprises, exporters under Goods and Services Tax. Micro, Small &… Read More
CIRP Amendments Regulations Impact on CoC, Homebuyers, & MSME The recent amendments to the Insolvency Resolution Process for Corporate Persons Regulations by the Insolvency and Bankruptcy Board of India have… Read More
Registrar of Companies Compliance Calendar for Private Limited Companies Pvt Ltd Co. & LLO FY 2025-26 The ROC operates under India’s MCA and is responsible for Company registration and record… Read More
Bombay High Court : Directive to ICAI for former CA professional ethics enforcement This Bombay High Court ruling in Principal Commissioner of Income Tax vs. M/s Buniyad Chemicals Ltd. underscores… Read More
FAQs on Goods and Services Tax Registration Can I have one goods and services tax number for 2 businesses in the same state? Yes, if both businesses fall under the… Read More
TDS on Payments to Partners Section 194T (w.e.f. 1.04.2025) Payments Covered U/s 194T : The Union Budget 2024 introduced Section 194T, which mandates Tax Deducted at Source (TDS) on certain… Read More
India's Senior Citizens are a happy Lot This is a comprehensive overview of the status of senior citizens in India, covering demographics, life expectancy, economic activity, literacy rates, disabilities, and… Read More