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
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
Guidance on Peer Review Process for Insolvency Professionals. The Peer Review Policy issued by the ICAI (IIIPI) provides a structured framework for evaluating the performance of Insolvency Professionals. Peer Review… Read More
Concept of "date of set-up" for determining the allowability of expenses u/s 37 of the Income-tax Act, 1961, The date of set-up of business is crucial for determining whether expenses… Read More