Madras High Court: Single SCN for multiple financial years is impermissible, voiding proceedings and hindering year-wise dispute resolution under GST.
Kerala AAR allows Input Tax Credit on rooftop solar power plant used for common area maintenance in a mall, classifying it as plant and machinery and capital goods.
NCLAT Delhi held that appellant to be treated as secured Financial Creditor based on the registered charge with CERSAI in accordance with Regulation 21 of the IBBI (Liquidation Process) Regulations, 2016. Accordingly, appeal allowed and order set aside.
Understand tax implications for Indian residents with income from countries without DTAA, including capital gains, rental income, and foreign tax relief.
Learn how a Hindu Undivided Family (HUF) can help optimize taxes on capital gains and trading income. Understand its structure, tax treatment, audit rules, and compliance.
Traditionally in private equity (PE) model, firms raise capital from the investors, invest in promising companies, manage and make them grow and work towards exiting those investments with the goal of gaining profit – typically within the timeframe of 5 to 7 years – through a sale, IPO, or merger.
IRDAI releases a draft proposing an Internal Insurance Ombudsman for insurers. This aims to enhance grievance redressal for claims up to Rs. 50 lakh and improve policyholder trust.
Section 441 allows compounding of certain company law offences, avoiding prosecution through penalties. Learn procedure, scope, and list of compoundable sections.
Suggestions to simplify 12AB and 80G renewal for charitable trusts, proposing conditional approvals, straight-through processing for compliant entities, and clarity on validity periods.
Learn how to register as a Representative Assessee on the Income Tax e-Filing portal to fulfill tax obligations for others, including deceased individuals, minors, and non-residents.
