Income tax exemption granted to ‘Treasurer Charitable Endowments, Haryana’ for specific income from 2014-15, with conditions.
CBDT notifies tax exemption for HRERA Gurugram on grants, fees, and interest income for FY 2018–19 to 2022–23, subject to specified conditions.
RBI informs REs about UNSC’s removal of one individual from ISIL and Al-Qaida sanctions list; directs compliance under UAPA and KYC guidelines.
GSTN introduces E-Way Bill 2.0 on July 1, 2025, for enhanced inter-operability, ensuring service continuity and cross-portal functionality for taxpayers.
CBIC prioritizes taxpayer support with GST Pakhwada (June 16-30, 2025) and clarifies DIN requirements for GST portal communications. Customs also made a significant cigarette seizure.
Compare tax benefits for manufacturing businesses: proprietorship vs. company structures for Tax Year 2025-26. Analyze scenarios based on turnover and net profit to determine the optimal choice for tax savings and compliance.
Understand the compounding of offences under Section 441 of the Companies Act, 2013 (and erstwhile Section 621A of 1956 Act). Learn about compoundable and non-compoundable offences, the authorities involved (NCLT, RD), and the practical steps for filing a compounding application.
ITAT Mumbai held that interest on advance given to entity how became Non Performing Asset (NPA) cannot be brought to tax since the income is really not accrued to the assessee. Accordingly, addition is rightly deleted by CIT(A).
Calcutta High Court held that reopening of assessment u/s. 147 for claim of bogus capital gain sustained fundamentals of company are very weak and abnormal price rise in share is artificially manipulated.
Learn how to file LUT under GST for export of services, comply with Rule 96A conditions, and avoid tax liabilities. Essential guide for exporters on zero-rated supply.
