SEBI releases draft circular for public input on mutual fund categorization, aiming to update regulations, allow innovation, and reduce portfolio overlap.
Gujarat HC held that assigning long-term leasehold rights is a non-taxable sale of land under GST. Explore key legal principles and unresolved questions here.
Calcutta High Court dismisses KL Lifesciences’ petition challenging anti-dumping duty final findings after the definitive levy notification was published.
A detailed guide on e-waybill generation under GST Rule 138, covering compliance, exemptions, validity, and penalties for goods movement across India.
The ITD has been closely watching tax filings and using smart tools, like data analysis and even artificial intelligence (AI), to spot patterns that just don’t add up. They’ve found that these fake claims aren’t always accidental; sometimes, they’re part of organized schemes, often involving people who pretend to be tax advisors but are actually just helping others cheat.
AI is transforming accounting with automation, real-time insights, and enhanced data security. Learn about cloud and on-premise solutions driving industry change.
Learn how non-residents can avail beneficial tax rates under DTAA when receiving Indian income, based on Section 90(2) and key judicial precedents.
Understand the severe repercussions of not filing income tax returns in India, including penalties, legal actions, and lost financial benefits. Take proactive steps to comply and safeguard your financial security.
Calcutta High Court rules GST exemption for works contracts depends on the work’s nature and its relation to Panchayat/Municipality functions, not the tendering authority.