The central question raised was whether the Assessee could claim exemption under Section 10(38) after initially not doing so during the assessment proceedings.
Explore the tax implications of lump sum out-of-court settlements for employees in India. Learn how recent cases shape tax liabilities and exemptions
Madras HC rules specialist doctors refusing to work in govt hospitals infringe upon rights of poor patients. Detailed analysis of the judgment, implications, and conclusion.
Supreme Court held that subject to statutory stipulation, a repealed provision ceased to operate from the date of repeal, and the substituted provision started operating as and when it is substituted.
Learn about the Reserve Bank of India’s Draft Master Direction for Electronic Trading Platforms 2024. Comments invited till May 31, 2024. Get insights and submit feedback now!
Stay updated with NSEs master circular containing guidelines for listed companies on listing approvals and compliance. Ensure continuous regulatory compliance.
Explore implications of depositing GST via PMT 06 before filing GSTR-3B. Learn about tax payment deadlines, interest liabilities, and process of tax deposit and utilization by government.
Explore the process and benefits of IPO pre-filing with SEBI. Learn how it safeguards sensitive business data and its recent adoption by Swiggy.
CBDT Circular No. 6/2024 offers relief for Inoperative PANs. No tax liability for deductors/collectors if PAN becomes operative by May 31, 2024. Check compliance on the Income Tax Reporting Portal.
Learn about the restrictions on claiming ITC under GST. Explore the specific goods and services that are blocked from GST Input Tax Credit and understand why it matters for your business.