Following the introduction of the Income Tax Bill 2025 in Parliament, ICAI has expressed its strong support for the proposed ...

ITAT Nagpur held that rejecting application for registration u/s. 10 (23C) of the Income Tax Act for the acts which have not ...

ITAT Raipur held that there were justifiable reasons for the assessee firm of having remained unaware about the on-going ...

Following Budget 2024, the long-term capital gains on domestic and foreign equity funds/ETFs/FOFs were to be taxed at 12.5%.

Jharkhand High Court ruled that tax authorities must follow the due process before passing adjudication orders under the ...

Finance Bill 2025 proposes a revised tax structure under the new regime, exempting annual income up to ₹12 lakh for resident individuals through a rebate. The new tax slabs introduce a progressive tax ...

The “One Nation, One Election” idea is all about bringing together the national and state elections for one big event. This approach could save ...

Kolkata addressed the validity of a reassessment initiated under Section 147 of the Income Tax Act. The tribunal found that the Assessing Officer (AO) had reopened the assessment based on vague and ...

Government has Strengthened IBC with Six Amendments and 122 Regulatory reforms since its inception Over 8,000 CIRPs initiated, rescuing 3,485 debtors and realization of ₹3.58 lakh crore ...

(a) the number, names and details of companies that have been penalized for non-compliance with the Corporate Social Responsibility (CSR) provisions of the Companies Act, 2013 in the last five ...

Summary: Audit trails are essential for ensuring transparency and compliance in business operations, particularly under Indian laws. According to the Companies Act, 2013, businesses using accounting ...

There are various steps / measures taken by Central Government & GSTN to help in improving compliance and preventing tax evasions such as digitization through E-invoicing, GST analytics such as ...