Dive into India’s first hostile IT sector takeover as L&T acquires Mindtree against fierce opposition. Explore strategies, legalities, and post-merger impacts.
Explore implications of Black Money Act on foreign assets and income for residents. Understand disclosure requirements, penalties, and compliance to avoid legal and financial consequences.
Discover how IBBI aims to boost transparency in liquidation processes by involving stakeholders. Explore directives for progress reporting and consultation.
Explore how the Reserve Bank of India is fostering self-regulation through SROs, setting industry standards, and enhancing compliance for a stable financial system.
Read about the Ministry of Commerce and Industry’s latest amendment (Notification No. 81/2024-DGFT) extending the prohibition on onion exports until further notice.
Learn about the intricacies of income tax calculations with and without deductions. Explore tax slabs, deductions, and their impact on your tax liabilities.
Delhi High Court rules on G & S International vs. Commissioner of Customs case, affirming CESTAT’s power to dismiss appeals for non-compliance with pre-deposit under Section 129E.
In a case between Konkan Education Society Sevak Sahakari Patpedhi Ltd and ITO, ITAT Pune rules interest & dividend from cooperative investment deductible under Income Tax Act.
In Mani Sundaram Vs ITO (ITAT Chennai), cash loans from relatives, later treated as gifts, didn’t incur penalty under section 271D of the Income Tax Act.
Section 75(4) of UPGST Act: Use of disjunctive conjunction ‘or’ in statute indicates two distinct scenarios where personal hearing must be granted:
