Explore how CA firms contribute to shaping finance professionals beyond numbers, their influence on startups, and the importance of upskilling in the evolving finance world.
Explore the implications of Section 43B(h) of the Income Tax Act 1961, applicable from FY 2023-24. Learn about its applicability, time limits, reporting requirements, penalties, and benefits.
Learn how to withdraw from Employees Provident Fund (EPF) in India. Understand the process, common difficulties, and steps to accelerate fund crediting. Expert advice included.
Explore the comprehensive analysis of show cause notices under the Goods and Service Tax regime, including issuance, implications, and how to respond effectively. Learn the procedure and legal framework.
Ahmedabad ITAT quashes Sec 263 order in Soham Buildcon vs PCIT-3 case, citing absence of twin conditions for exercising power under the provision. Full text analysis provided.
Kerala HC directs Income Tax Department to halt recovery proceedings until disposal of stay petition in Koothery Narayanan Vijayan’s case against assessment order.
Delhi ITAT ruling on Manish Kumar Mittal Vs ITO case clarifies treatment of cash-in-hand from business profits declared under Sec 44AD, preventing it from being added as unexplained money.
In Gujarat Guardian Ltd Vs C.C.E-Bharuch, CESTAT Ahmedabad ruled that remuneration paid as commission to whole-time directors based on profit doesn’t constitute an employer-employee relationship, thus no service tax applies.
Delhi High Court upholds suspension of customs broker license for fraudulent permit to third parties, ruling in favor of Commissioner of Customs.
Explore how DCIT vs. Claris Lifesciences Limited case sets precedent for setting off deemed short-term capital gain on sale of depreciable against long-term capital loss.
