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
FIU-IND Guidelines on Qualification & Responsibilities of Principal Officers for Virtual Digital Asset Service Providers The Financial Intelligence Unit-India has outlined specific guidelines regarding the qualifications and responsibilities of the… Read More
Tax Dept allows to access various digital platforms during investigations The proposed Income Tax Bill, 2025, introduces significant changes aimed at enhancing the Income Tax Department's ability to address tax… Read More
Income Tax Bill 2025: Concept of Indian citizen-deemed residency Meaning of deemed residency: The introduction of a new Resident but Not Ordinary Resident category aims to strike a balance between… Read More
PVC raincoats ๐๐ผ ๐๐๐๐ฟ๐ฎ๐ฐ๐ ๐ญ๐ด percentage ๐๐ฆ๐ง โ West Bengal ๐๐๐ฅ ๐ฅ๐๐น๐ถ๐ป๐ด This West Bengal Authority for Advance Ruling highlights the importance of correctly classifying products under Goods and Services… Read More