ITAT Mumbai deletes 100% bogus purchase addition on diamonds, ruling that only the profit element is taxable as the assessee had already offered presumptive income.
The Chandigarh ITAT has dismissed a trust’s appeal for 80G approval, ruling that its hospital operates commercially and has no verifiable charitable activities.
ITAT Chandigarh deletes a Section 68 addition on share capital, ruling that a listed company is not required to prove a source of source for investment.
India and the Eurasian Economic Union have signed a Terms of Reference to begin negotiations on a Free Trade Agreement, aiming to boost trade and support MSMEs.
An overview of Corporate Social Accounting (CSA) concepts, frameworks, and reporting. It covers India’s BRSR and global standards like ISSB, with case studies.
A guide to LLP ROC filing for 2025 in India. Learn about key forms, deadlines (May 30, Oct 30), fees, and penalties to ensure timely and accurate compliance.
Chart-based guide to Income Tax Act 1961 for AY 2025-26, updated with Finance Act 2024 amendments. Covers tax rates, deductions, TDS, ITR changes and more.
Learn about Value Added Accounting (VAA), a method of measuring and reporting corporate wealth creation and its distribution to stakeholders.
An overview of environmental accounting concepts, frameworks, and practical applications in corporate finance. Covers BRSR, MFCA, and Ind AS.
Calcutta High Court held that allowing application for withdrawal/cancellation of Ex. Bond bill of entry and re-instatement of into-bond bill of entry without referring the provisions of the Customs Act under which the permitted is not justifiable. Accordingly, order set aside.