Learn about tax treatment of Sovereign Gold Bonds (SGBs), including interest income, redemption, and capital gains, and how to report them in your Income Tax Returns (ITR).
Learn about interest rates applicable to income tax refunds and short tax payments under Income Tax Act. Find out how to calculate advance tax and understand implications of underpayment or overpayment.
Participate in IFSCA’s consultation on proposed regulations for payment systems in International Financial Services Centres. Share your views before May 30, 2024.
Stay updated with IBBI’s latest directive for Insolvency Professionals (IPs) to upload judicial orders related to insolvency proceedings on their dashboard. Learn more.
Securities and Exchange Board of India, (SEBI), in its notification dated 7 February, 2023 has bought in SEBI (Buyback of Securities) (Amendment) Regulations, 2023. The applicability date of these amendments is 9 March, 2023 which is fifteenth day from the date of publication of the amendments in the official gazette. In this article, we would […]
Understand the landmark case of Col. Ramneesh Pal Singh Vs Sugandhi Aggarwal in the Supreme Court of India, addressing Parental Alienation Syndrome (PAS) and child custody disputes. Discover the legal analysis and conclusions.
Introduction In recent years, the Indian economy has witnessed a paradigm shift in its approach to corporate debt resolution with the introduction of the Insolvency and Bankruptcy Code (IBC) in 2016. The IBC represents a watershed moment in India’s legal and economic landscape, aiming to provide a time-bound and efficient framework for resolving corporate insolvency […]
In a verdict, Madras HC sets aside a GST RCM liability order due to inadvertent errors in GSTR 3B filing, remands for reconsideration. Full text of judgment included.
Explore the Supreme Court’s decision upholding the taxation of interest-free/concessional loans to bank employees as perquisites under Rule 3(7)(i) of the Income Tax Rules.
Raj Rekha challenges an order due to accountant’s oversight of GST notices. Madras HC permits contest with 10% pre-deposit. Analysis of the case.