Learn about the clubbing provisions under the Income Tax Act, covering income transfers, revocable transfers, and taxation of income from assets transferred to family members.
Understand the provisions of Sections 269SS, 269ST, and 269T under Indian tax law, their implications, and reporting requirements in Form 3CD for tax audits.
NCLT Mumbai held that the object of the Insolvency and Bankruptcy Code, 2016 [IBC] is not to admit a Corporate Debtor [CD] into Corporate Insolvency Resolution Process [CIRP] when there is pre-existing dispute between the parties.
Gujarat High Court held that Geo Membrane for water proof lining fabrics is classifiable under HSN Code 59111000 liable to GST @12% and not under HSN Code 39269090. Thus excess GST paid is allowable as refund.
ITAT Ahmedabad held that invocation of section 263 by PCIT unjustified due lack of sufficient evidence to support claim that the order is erroneous and prejudicial to the interest of revenue.
Learn about Sovereign Gold Bonds (SGBs), including eligibility, investment limits, interest rates, redemption, and tax implications. Get complete insights here.
Learn about Non-Performing Assets (NPA) classification, categories, and provisioning requirements as per RBI norms for effective asset management in banks.
The CBIC’s new drive against fake GST registrations from Aug 16 to Oct 15, 2024 aims to prevent fraud and protect revenue. Know how it affects you!
MahaRERA’s new Form-2A enhances construction quality with detailed checks. Learn about the revised certification process and its impact on real estate projects.
Explore the legal complexities and strategic considerations in changing a company’s name, including key laws, recent cases, and practical recommendations.