ITAT Mumbai rules in favor of Pathare Prabhu CHS Ltd., allowing deduction under Section 80P(2)(d) for interest income from co-operative banks. Read details of the judgment.
ITAT Mumbai ruled in favor of Borivali Jankalyan Sahakari Patpedhi Ltd., allowing deduction under Section 80P for interest income from co-operative banks.
NCLAT Delhi quashes CIRP against Alcuris Healthcare, ruling profit-sharing disputes do not constitute operational debt under IBC. Read the key legal findings.
ITAT Ahmedabad rules on undisclosed foreign accounts in the case of Manjulaben Bipinbhai Patel vs DCIT, addressing tax assessments and legal implications.
IBBI defers decision on Naren Sheth’s related party CoC inclusion, citing pending NCLAT and NCLT rulings. Details on the order and case.
SEBI introduces ‘Bond Central,’ a free central database for corporate bonds, improving transparency, price comparison, and investor access to key market data.
Explore the legal framework and conditions for paying monthly remuneration to Non-Executive Directors under the Companies Act, including shareholder approval and profit-related rules.
The standard deduction is one of the most popular deductions because it makes tax filing easier by lowering taxable income without requiring itemization of deductions. This blog examines the standard deduction’s advantages, qualifying requirements, most current revisions, and contrasts with itemized deductions.
Learn about Section 58 of the Income Tax Bill 2025, which simplifies presumptive taxation for non-residents, including turnover limits, profit calculation, and compliance.
SEBI issues a regulatory framework for Specialized Investment Funds (SIF) to bridge the gap between Mutual Funds and PMS. Effective from April 1, 2025.
