Major New Income Tax Rules Highlights changes from April 1 As the new financial year begins on April 1, 2025, several significant financial and tax regulations have come into effect… Read More
Main Changes in Form 3CD and other changes This is a comprehensive summary of the amendments in Income-tax (Eighth Amendment) Rules, 2025 to Form 3CD and other changes introduced by… Read More
Principal Purpose Test (PPT) under India’s DTAA The Principal Purpose Test (PPT) is an anti-abuse provision incorporated into India’s Double Taxation Avoidance Agreements (DTAAs) in line with the OECD’s Base… Read More
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
The New Thresholds for MSME: Scalability Without Fear For years, many MSMEs deliberately restrained their growth to avoid crossing the micro- or small-enterprise thresholds and losing the associated benefits. This… 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