ITAT Ahmedabad restores assessment, citing denial of fair opportunity and inadequate evidence review by AO in Sections 69A/69C case. (159 Characters)
Check the TDS chart for FY 2025-26, covering various payments like salary, dividends, winnings, rent, and more. Understand the applicable rates and thresholds.
A look at India’s corporate governance issues, key cases, and regulatory responses aimed at promoting transparency, accountability, and shareholder rights.
Should interest apply on wrong ITC claims under GST if overall credit is sufficient? A look at legal interpretations and implications across tax heads.
Learn common errors in the Online 12A Registration Process and how NGOs can avoid delays or rejections when applying for tax exemption status.
The article defines insider trading, its harmful effects, traces India’s laws from 1992 to 2015, and highlights Justice N.K. Sodhi Committee’s role in reforms.
Introduction The Foreign Exchange Management Act (FEMA) of 1999, an act enacted during the new era of India’s liberalized economy, is the cornerstone of the country’s financial regulatory structure with the aim to facilitate external trade, promote cross-border payments, and provide stability to the foreign exchange market. The new FEMA replaced the highly restrictive Foreign […]
CESTAT Mumbai upholds remand of Nico Extrusion’s re-assessment case, directing Customs to issue a mandatory speaking order within 15 days as per Section 17(5) of Customs Act.
Analysis of GST applicability on nominal food cost deductions from Bridgestone India employees based on Maharashtra AAR ruling.
Maharashtra AAR rules Ferrero India liable for GST on employee canteen & transport recoveries, but exempts notice pay as per CBIC circular.