Mandatory ITR Filing Requirement Cases for the AY 2025–26: Filing your Income Tax Return (ITR) is not only a statutory duty—it ensures transparency in your finances, helps you claim refunds,… Read More
Income Tax Exemptions and Deductions for Army Personnel (AY 2025–26) Army personnel, like all salaried taxpayers, are liable to pay income tax under the Income Tax Act, 1961. However, given… Read More
Understanding PF Withdrawal vs. Pension (EPS) Claim How employees often withdraw their Employees Provident Fund but ignore the Employees’ Pension Scheme component, risking their eligibility for pension benefits. PF Contribution… Read More
Challenges MSME face due to the accrual-based GST framework. GST on accrual basis hurting MSME/ Small businesses" highlights a significant challenge in India’s GST system for MSME/ Small businesses —the… Read More
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 for AY 2025-26 based on their income sources & taxpayer category. Income Tax Return (ITR) form is appropriate for them for Assessment Year 2025-26… 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