Explore tax complexities faced by RNOR individuals in India, including foreign income taxation, DTAAs, and recent changes in tax rates impacting compliance.
When a taxpayer submits their Income Tax Return (ITR) and requests a refund, they need to wait for the Centralized Processing Center (CPC) to process it. Currently, CPC processing is quite efficient, with an average turnaround time of 15 to 45 days from the date of e-verification of the ITR.
Explore challenges businesses face with Input Tax Credit under India’s GST, focusing on gifts, free samples, and compliance complexities.
ICSI requests SEBI to dispense with physical copies of Notices and Annual Reports for listed entities, promoting efficiency and environmental sustainability.
ICSI requests SEBI to waive the dispatch of physical Notices and Annual Reports for General Meetings, promoting e-documents and environmental sustainability.
ICAI suspends CA T.M. Jeyachandran for 30 days due to misconduct related to forged documents and involvement in a disproportionate assets case.
ICAI announces region-wise nominations received for the 26th Council and 25th Regional Councils’ elections, to be held in December 2024.
ICAI fines CA Vijaya Mohan Valiathan Rs. 10,000 for failing to obtain a No Objection Certificate from previous auditor before accepting an engagement.
The Board of Discipline found CA K M Ramakrishnan guilty of misconduct, leading to a 15-day suspension for backdating his resignation letter.
The ITAT remands BorgWarner’s case on TSS, BSS, and royalty benchmarking to TPO for re-determination, questioning the segregation approach used for international transactions.
