Section 194T mandates TDS on payments to partners by firms from April 2025. TDS at 10% applies if payments exceed Rs. 20,000 per year. Learn more.
Union Budget 2024 partially abolishes the equalization levy, easing tax for foreign firms and simplifying compliance. Learn about the updated provisions here.
Discover the key takeaways from Budget 2024 for Indian firms, including new TDS provisions on partner payments and revised limits on remuneration allowances.
Discover the impact of Budget 2024 amendments: removal of indexation and new TDS on partner salaries in partnership firms. In-depth analysis and critical insights.
IBBI suspends insolvency professional Amar Gopal Gambhir for 2 years over delayed Corporate Insolvency Resolution Process. Full details of the order here.
New GST Appellate Tribunal (GSTAT) established from Sep 2023 with state-wise benches for efficient resolution. Check locations and circuit details.
Bombay High Court invalidates reassessment notice issued by DCIT to Nainraj Enterprises Pvt. Ltd. Learn about the implications and detailed judgment in this landmark case.
CIT(A) decides that interest income from FD linked to business activities is correctly classified as business income, not “Income from Other Sources.
Detailed analysis of the ITAT Delhi verdict in BSC C and C Kurali Toll Road Ltd. vs ACIT, addressing key tax dispute issues and depreciation claims.
IFSCA circular allows CRAs in IFSC to offer ESG ratings and data products, promoting sustainability, transparency, and governance in financial services.
