Important MCA (Ministry of Corporate Affairs) update regarding the filing of Form No. AOC-4 on the MCA V3 Portal. The Ministry of Corporate Affairs (MCA) has announced a major revision… Read More
Important tax rules related to foreign travel, Important tax rules related to foreign travel, especially in light of new provisions effective from 1 April 2025. Are you planning your dream… Read More
Migration of Form MGT-7 / MGT-7A to MCA V3 Portal – Required Action for Annual Return Filing In Pursuant to the provisions of the Companies Act, 2013, the Ministry of… Read More
Capital Gains Taxation - Key Concepts Applicability: Capital Gains Tax applies on the transfer of a capital asset. Types of Capital Assets: Long-Term Capital Asset (LTCA) & Short-Term Capital Asset… Read More
The default regime is the new regime for ITR filing. Default Regime for ITR Filing: The new tax regime is the default for all taxpayers (as per the Finance Act,… Read More
Important tax rules for F&O (Futures & Options) and Intraday Trading Why Must Gains or Losses from F&O Be Reported in ITR? Mandatory Compliance: Income tax authorities have full access… Read More
Eligible & Ineligible expenses while calculating Capital Gain Overview of eligible and ineligible expenses while calculating Capital Gains on property sales and highlights specific rules for NRIs and under different… Read More
Tax Regime Specific to Mutual Fund Investors in India applicable for the FY 2024-25 Equity-Oriented Mutual Funds (EOFs) (Excluding Equity Oriented Fund of Funds) Condition: STT must be paid on… Read More
ICAI officially restricts the tax audit limit to 60 Tax Audits per partner w.e.f 01.04.2026 ICAI has formally announced that starting from April 1, 2026 (i.e. FY 2026–27), each chartered… Read More
How income from house property is taxed in India under the Income Tax Act. Income from House Property – Section 22 to 27 (Overview) Basic Conditions to Qualify as Income… Read More