The Ministry of Finance has exempted the Kanpur Development Authority from income tax under Section 10(46A) of the Income-tax Act, 1961, effective from AY 2024-25.
CBDT amends Income-tax Rules 1962. This change, effective August 21, 2025, revises Rule 21AIA, omitting sub-rule (4) and redefining specified fund for consistency.
The official copy of the Income Tax Act, 2025, is now available. Download the full text to review new tax rates, compliance rules, and key amendments.
CS Professional & Executive Programme exam results for Syllabus 2017 & 2022 on 25th August, 2025. Get individual subject-wise marks breakdown online at www.icsi.edu.
A Chandigarh hospital’s Rs.3.91 crore tax addition is remanded for reassessment after a faulty software report skewed patient data, causing a major tax dispute.
The rise of distressed assets in India presents opportunities. This article details strategic frameworks, legal insights, and practical solutions for effective asset resolution under the IBC.
The Ahmedabad ITAT has ruled that Section 87A rebate is applicable on STCG under Section 111A for taxpayers with income below ₹7,00,000. Learn how this decision impacts you.
Learn about the fundamentals of branch and departmental accounting, including their differences, core concepts, and real-world corporate applications.
Learn how EMIs for a ₹3 lakh personal loan work. Compare EMIs for different tenures and get tips on choosing the right loan term and managing repayments effectively.
Kerala High Court held that dismissal of stay petition on the ground of failure to comply with a non-existing condition precedent is perverse and requires interference. Accordingly, writ admitted and order set aside.
