Supreme Court judgment: Income Tax Commissioners cannot routinely remand cases if Assessing Officer finds no additions after inquiry. Section 263 explained.
CAAR Mumbai rules Interactive Flat Panels fall under Customs Tariff Item 8528 59 00, citing 2025 budget changes and CBIC circular.
CAAR Mumbai rules 5% IGST on imported marine engines, spares, and gearboxes exclusively for use in fishing vessels, citing GST circular and precedent.
This article explores complementary or opposing views on revenue recognition, expenditures, inventories, Capex and related party transactions.
India’s new Electronics Components Manufacturing Scheme supports local production with incentives, aiming to reduce reliance on imports and boost manufacturing.
Explore four legal methods to voluntarily wind up a private company in India, including summary winding up, strike-off, and liquidation under IBC.
