ICAI’s Central India Regional Council has urged the Finance Ministry to extend the tax audit filing due date for FY 2024-25 from 30 Sept 2025 to 31 Dec 2025.
A guide to a Pune to Nashik road trip—scenic route inspiration, mindful stopovers, travel etiquette, and easy tips for a relaxed, memorable escape.
Learn how India’s tax policies, including incentives and challenges with GST and ‘angel tax,’ shape the country’s startup ecosystem and entrepreneurship.
Overview of India’s taxation system under the Constitution, covering direct and indirect taxes, GST, powers of Union and States, and key constitutional provisions.
The Finance Act (No.2) of 2024 has changed how residential rental income is taxed in India, classifying it as “Income from House Property.”
Learn about the ITAT Mumbai ruling on ABM Knowledgeware Ltd. vs. Assessing Officer regarding CSR expenditure deductibility under Section 80G and the powers of revision under Section 263.
The Supreme Court ruled that refunds for unutilized ITC under an inverted duty structure apply only to input goods, not input services, upholding Rule 89(5) of CGST Rules.
Tribunal upholds turnover suppression in food delivery business, capping profit at 8% u/s 44AD based on survey findings and cook’s statement, overriding later-filed books.
ITAT Patna rules against a protective tax assessment on Veena Mishra, a housewife, quashing the addition after evidence of her independent income was presented.
A Demonstration License, issued by WPC in India, permits businesses to exhibit wireless devices for a limited time. It is a key requirement for importing and showcasing telecom products.