Learn about tax loss adjustments, including intra-head and inter-head, carry forward rules, and restrictions on set-offs under Indian tax laws.
Narmada Thermal Power Pvt. Ltd. penalized for delayed filing of MGT-14 forms under Section 117 of the Companies Act, 2013. Detailed analysis of the case.
Learn about clubbing of income under Indian tax laws, where income of one person is included in another’s taxable income, including exceptions and provisions.
MHA issues a public advisory warning against fake emails and documents in the name of FCRA officials. Always use the official FCRA portal for services and payments.
Understand the importance of E-Invoicing and E-Way Bills in GST compliance. Learn about their mandatory requirements, processes, and how they work together.
Learn what constitutes capital gains, how they are taxed, the types of capital assets, and distinctions between short-term and long-term capital gains in India.
Udaipur CGST office inaugurated; ICETAB 2.0 launched for better service. DRI uncovers Rs. 33.03 crore duty evasion case; GST enforcement and updates from CBIC.”
Monetary gifts to individuals or HUFs exceeding ₹50,000 in a year are taxable unless received under specific exemptions like from relatives, on marriage, or as inheritance.
Key GST case law updates from August 2024: Search authorizations, bail rulings, penalty disputes, and appeal deadlines reviewed by top Indian High Courts.
APGVB invites Chartered Accountant firms to apply for concurrent audit roles. Applications due by 09.09.2024. Specific eligibility and conditions apply.