A joint representation from Gujarat’s tax consultant associations to the Finance Minister proposes reforms for GST, covering policy, procedural, and portal-related suggestions to improve compliance and address taxpayer challenges.
A First Appellate Authority order from the Insolvency and Bankruptcy Board of India addresses two RTI appeals. The order discusses the definition of ‘information’ under the RTI Act and highlights the misuse of the RTI mechanism.
SEBI has different corporate governance requirements for companies with listed debt securities. The rules vary based on whether equity is also listed and the value of the outstanding debt.
ITAT Cochin rules that a trust with both religious and charitable objects cannot be denied registration under Section 12A, citing a key Supreme Court precedent.
The Kerala High Court has moved a temple’s tax exemption claim from the Devaswom Bench to the Income Tax Bench, clarifying judicial jurisdiction.
A summary of how AI is reshaping the role of Company Secretaries in India, from automating compliance tasks to new responsibilities in governance and strategic advice.
ITAT Cochin rules that Section 12A registration for a religious trust cannot be denied simply because the trust deed is not registered with the Registrar of Documents.
Subsequently asserted that the twin conditions under Section 263 were absent as the AO had conducted due inquiry. Revenue contended that Section 37(1) disallowed CSR expenses which were not wholly and exclusively for the purpose of business.
Demanding of tax which was over three times the tax proposed in the original show cause notice (SCN) was not justifies as the order was passed in complete violation of natural justice and beyond the scope of the SCN.
An analysis of motivational theories adopted by Indian corporates, featuring real-life case studies on how businesses are enhancing employee engagement and performance.
