Guidelines for Compulsory Selection of Returns for Complete Scrutiny – FY 2025-26 The Central Board of Direct Taxes (CBDT) has released its Central Action Plan (CAP) for FY 2025–26, setting… Read More
Key Difference in TDS Section 192 Vs. Section 194J Understanding the difference between Section 192 and Section 194J is crucial for employers, consultants, tax professionals, and HR/payroll teams. Though both… Read More
ITR form is appropriate for them based on their income sources & taxpayer category. Income Tax Return (ITR) form is appropriate for them based on their income sources and taxpayer… Read More
Filing of Form DPT-3 (Return of Deposits) for FY 2024-25 under the Companies Act, 2013 This is a formal reminder to comply with the statutory requirement under the Rule 16… Read More
Major Changes Introduced on Revised CIRP Forms" issued by IBBI In a significant step toward streamlining insolvency compliance and promoting digital governance, the Insolvency and Bankruptcy Board of India has… Read More
Implication of Stamp Duty on Scheme of Arrangement (Merger & Amalgamation) Mergers and amalgamations are critical instruments in corporate restructuring and expansion strategies. However, a key legal and financial component… Read More
7. Additional Information and Details required in ITR-1 and ITR-4 for A.Y. 2025–26 especially for Taxpayers in Old Regime 1. Enhanced Disclosure for House Rent Allowance (HRA) Taxpayers claiming HRA… Read More
Financial Products Taxation Overview (India – FY 2024–25) Financial Product Type of Income Tax Treatment Holding Period TDS Applicable Section Equity Shares / Mutual Funds / ETFs Capital Gains STCG… Read More
TDS Deducted at 5% Post October 1, 2024: How Tenants Can Claim Refund for Excess Rent TDS and What Landlords Should Do? Background: TDS on Rent under Section 194IB Section… Read More
F&Q related to Peer Review Audit of Practice Unit (PU) Q.: Does empanelment guarantee peer review work? Ans. No. Assignments are based on matching experience with PU’s nature of work.… Read More