Section 155(14) provides that if any claim of TDS is left at the time of filing of income tax return and assessee subsequently comes to know of any tax deducted by a party but not informed till the date of filing of income tax return, and subsequently the said TDS is also reflected in Form 26AS, then assessee should file revised income tax return and claim TDS.
HC set aside reassessment order against assessee, for non-supply of information/ material by Revenue Department for reopening of assessment.
An amendment made to Section 43B of the Income Tax Act, 1961, has amended that payments made to Micro, Small and Medium Enterprises (MSMEs) that are not made within the due date i.e 45 days, will not be eligible for a deduction.
The Hindenburg Research report on the Adani Group, released in February 2023, is a critical analysis of the Indian conglomerate’s financial and operational practices. The report has sparked a heated debate about the business practices of one of India’s largest companies and raises serious questions about the ethics and legality of Adani Group’s operations.
Section 87A is amended to give rebate to those who adopt New Tax Regime by allowing the entire tax up to Rs. 25,000 as deduction for those whose income is Rs. 7,00,000 or below, while for those who adopt the Old Tax Regime the existing deduction of the tax is up to Rs.12,500 and the income limit of Rs. 5,00,000 is continued.
Generate awareness about the availability of dispute resolution mechanisms at stock exchanges against listed companies & registrar to an issue & share transfer agent as per SEBI’s circular.
Learn about Companies, their definition and features outlined by the Companies Act, 2013. Discover Lord Justice Lindley’s definition of a company, their capital, and more.
Whether the Noticees entered into off market transactions without making payment of consideration/fund settlement during the investigation period and hence, violated the provisions of Section 2 (i) (a) read with Section 13, 16, 18 of the SCRA and SEBI notification dated October 03, 2013 issued under the Sections 16 and 28 of the SCRA?
Take advantage of Section 54 of the Income Tax Act of India get tax exemptions on capital gains when you invest in a new residential property
The company has sought guidance from SEBI as to whether these doctors who would be exclusively employed by the Subsidiary i.e. who would be eligible employees of the Subsidiary, could be eligible for employee stock options as per ESOP Plan 2013 framed in accordance with SBEB 2021.
