Re-opening of assessment by AO was unjustified if the original return had not been processed by following the decision in case of Super Spinning Mills Ltd. vs Addl. CIT 37 DTR (Chennai) (T.M) (Trib).
Understand when to pay advance tax, the due dates, and the consequences of late payments, including interest charges under sections 234B and 234C.
सेबी ने 14,000 करोड़ के नुकसान के बाद निवेशकों को धोखाधड़ी वाले एसएमई आईपीओ के खिलाफ चेतावनी दी है। एडवाइजरी कंपनियों की भ्रामक प्रथाओं पर प्रकाश डालती है और सावधानी बरतने का आग्रह करती है।
The Ministry of Communication has issued the Telecommunications (Digital Bharat Nidhi) Rules, 2024, outlining regulations for telecom services in underserved areas.
Chennai’s Advanced Manufacturing Technology Development Centre approved for tax benefits under Income Tax Act section 35(1)(ii) from AY 2025-26 to 2029-30.
The ICAI has removed five Chartered Accountants from its Register for professional misconduct, imposing fines and suspensions ranging from one month to three years.
The Indian government has amended the Central Excise duty to Rs. 1850 per tonne effective from August 31, 2024, under the Central Excise Act, 1944.
India revises customs tariff values for palm oil, soya bean oil, gold, silver, brass scrap, and areca nuts, effective August 31, 2024, under the Customs Act, 1962.
SEBI updates entry and exit norms for stocks in the derivatives segment, focusing on improved criteria for market depth and trading activity.
The CBDT launches the e-Dispute Resolution Scheme, 2022 to reduce tax litigation, offering eligible taxpayers a streamlined process to resolve disputes.
