Explore tax implications of online gaming in India under Finance Bill, 2023. Learn about new tax deductions and regulations for online gaming income.
Explore the common factors that unite tax advocates, chartered accountants (CAs), and financial professionals. Dive into the world of deep analysis and speculation in finance.
Telangana HC rules in Kankanala Ravindra Reddy vs ITO: Section 148A(d) orders and Section 148 notices must be issued by NFAC, not AO. Explore the court’s analysis of legal provisions and implications for faceless assessments under the Income-tax Act, 1961.
Explore the case of Raj Kumar Karanwal vs. PCIT (ITAT Delhi) and learn why exercise of revisionary jurisdiction by PCIT may not always be valid when issues have been examined by AO. Dive into the details of the case, the assessment process, and implications for taxpayers.
ICMAI has published an Exposure Draft on revised Cost Accounting Standard (CAS-2) for Capacity Determination. Learn about changes and how it impacts cost statements.
ED’s crackdown on Mahadev APP money laundering network reveals staggering assets worth Rs 417 Crore. Learn about investigations and findings.
Introduction: On September 15, 2023, the Central Bureau of Investigation (CBI) made significant arrests in a bribery case involving a former Inspector and Dock Examiner at Mundra Port, Gujarat, who currently holds the position of Superintendent of Customs in Jamnagar. Additionally, a private individual was apprehended for facilitating the corrupt transaction. Detailed Analysis: The case […]
Bitcoin, hailed as the pioneer of the cryptocurrency revolution, holds a dominant position in the digital currency landscape. Yet, as with any significant innovation, its journey is influenced by both internal mechanisms and external factors.
A deep dive into CESTAT Kolkata’s ruling in Commissioner of Customs Vs K.K. Woollens, where the court confirmed penalties for undetermined imports of used clothes.
Tax implications of investing in specified mutual funds and market-linked debentures (MLDs) post-amendment under Section 50AA, with examples.
