While grabbing news headlines most prominently in virtually every newspaper and all other forms of all types of print, electronic, news channels and social media, we see that in a path-breaking, pragmatic and progressive move, the Lucknow Division Bench of the Allahabad High Court comprising of Hon’ble Mr Justice Vivek Chaudhary and Hon’ble Mr Subhash […]
In India, there are several legal structures available for NGOs or Non-Profit Organizations, including Trusts, Societies, and Section 8 Companies. Among these, Section 8 Companies stand out due to their uniform regulation under the Companies Act, 2013, making them closely monitored and recognized internationally. This article aims to provide a step-by-step guide to incorporating a […]
2023-24 का वित्तीय वर्ष बस अब समाप्त होने वाला है तो सभी करदाताओं पर जो कि MSME में रजिस्टर्ड MICRO एवं SMALL निर्माताओं एवं सेवा प्रदाताओं से माल अथवा सेवा खरीदते हैं उन्हें 45 दिन या यदि कोई अग्रीमेंट नहीं है तो 15 दिन में भुगतान करना होता है का नियम लागू है. इस नियम […]
ICAI announces re-opening of online correction window for May 2024 CA Examinations. Change exam city, group & medium. Details & dates here.
In Adil Rehman’s case, ITAT Hyderabad allows expenditure on special power of attorney, air tickets, hotel stays, etc., as deductible in computing capital gains under Section 48(i) of the Income Tax Act.
Discover the ITAT Delhi ruling on taxing income from providing business support services to Indian group entities. Analysis of Solvay Asia vs. DCIT case under India-Thailand DTAA.
Rajasthan High Court clarifies that issuance of summons under CGST Act isn’t barred by initiation of proceedings by State Authorities. Detailed analysis of Rais Khan case.
Read the detailed analysis of ITAT Bangalore’s decision in Jayanti Vasishta vs ITO allowing indexed cost of construction for a penthouse regularized on the sale date.
Discover the legal nuances behind excluding dealer advertisement expenses from assessable value. Analysis of Suzuki Motorcycle India Private Limited Vs Commissioner of Central Excise (CESTAT Chandigarh).
Explore the case of Dharani Developers Private Limited Vs ACIT, addressing whether fees paid to Registrar of Companies for enhancing working capital should be treated as revenue or capital expenditure.
