Understand the types of NBFCs and their compliance requirements under the new RBI directions of 2024. Learn about NBFC classifications, regulations, and RBI returns.
Learn about the regulatory body overseeing GIFT City in India, the International Financial Services Centres Authority (IFSCA). Explore its purpose, scope of activities, and the benefits it offers to businesses and investors.
Learn about entities authorized for e-KYC Aadhaar Authentication in the securities market as sub-KUA. Stay compliant with SEBI regulations.
Discover insights from the 4th Session of India-Ghana JTC where UPI operationalization on Ghana Interbank Payment System and MoUs on digital transformation were discussed. Insights on bilateral trade, investment, and cooperation.
Explore the Delhi High Court’s judgment on royalty payments by Dabur India Ltd, implications for tax deductions under Sections 80IC & 80IB, and its impact on industrial undertakings.
Impugned order and notice indicated that sanctioning authority was PCIT. However, since issuance date of both documents was beyond three years from relevant assessment year, Section 151(ii) of Act mandated that sanctioning authority should have been PCCIT.
ITAT held that if sales are not disputed and there is no discrepancy between purchases and declared sales, addition should be restricted to bring gross profit on alleged bogus purchases in line with other genuine purchases.
The tribunal emphasized that the CIT(E) should have evaluated the entire trust deed in conjunction with the actual charitable activities conducted by the trust to determine whether it solely served the Christian community or provided benefits to the broader community.
ACIT Vs Merchant Agri Global Private Limited – Detailed analysis of Mumbai ITAT’s decision regarding adhoc disallowance of expenses without rejecting books of account. Full text of the order provided.
Learn about SME IPOs, initial public offerings tailored for small and medium enterprises. Explore eligibility criteria, IPO process, compliance requirements, and advantages of SME IPOs.
