Discover tax planning strategies for managerial decisions with insights on Finance Act 2025 changes. Learn simplified versions of tax implications on managerial choices, covering shutdown decisions, asset management, and business expansion or contraction.
ITAT Kolkata quashes reassessment u/s 147, stating that search-based findings must follow Section 153C. Read the full case details and judgment summary.
ITAT Kolkata quashes assessment reopening in Sudha Surana case, citing lack of AO’s application of mind and invalid PCIT approval.
Important recent Amendments and Changes in GST which should be noted from April 1, 2025: An Analysis Introduction The Goods and Services Tax (GST) framework continues to evolve as it is about to complete its eighth year of implementation ever since its rollout on 01st July 2017. This set of amendments, though it would have […]
The “One Nation, One Election” idea is all about bringing together the national and state elections for one big event. This approach could save India a lot of money! By holding elections simultaneously, we can cut down the costs and resources needed for running multiple polls. This means savings in administrative expenses, security, logistics, and […]
Understand audit trail requirements under various laws in India, including the Companies Act, Income Tax, GST, and SEBI regulations, with an example of P2P process.
Section 194T mandates 10% TDS on partner payments exceeding ₹20,000. Changes to Section 40(b) revise allowable remuneration from April 1, 2025.
India’s IBC shows significant recovery rates. 8,000+ CIRPs initiated, with 3,485 debtors rescued. Learn about amendments & reforms.
Government penalized companies for CSR non-compliance under the Companies Act. Details of penalties, CSR spending, and fund transfers from 2018-2023.
Analysis of GST collection targets vs. actuals, tax evasion cases, and govt measures like e-invoicing and analytics to improve compliance and revenue collection.
