Explore the evolution of India’s income tax system, from the complex 1961 Act to modern digital platforms and faceless assessments, and its impact on taxpayers.
PFRDA permits Central Government employees who joined between April and August 2025 to switch from NPS to Unified Pension Scheme by 30th September 2025.
Delhi High Court upholds disallowance of delayed PF/ESI contributions under Section 143(1), but permits deductions when the due date falls on a public holiday.
Delhi High Court held that employees contribution to Employees Provident Fund [EPF] or Employees State Insurance [ESI] is to be made on or before statutory due date set out in respective EPF/ESI Act.
Examine the legal disputes surrounding Section 153D approvals for tax assessments, including court rulings on mechanical approvals and their impact.
This article examines whether a company may issue shares under a rights issue or otherwise, for consideration other than cash, under the Companies Act, 2013. It delves into the statutory provisions, rules, regulatory requirements, interpretations, and case law to ascertain what is permissible, what is not, and under what conditions.
Madras High Court upholds ITAT order quashing reassessment proceedings, ruling that an assessment cannot be reopened for a change of opinion on facts already examined.
Learn the step-by-step procedure followed by Income Tax authorities during search and seizure operations, including legal safeguards and rights of the taxpayer.
A guide to handling GST audit notices for mismatches between E-Way Bill data and GSTR-9C turnover. Learn how to prepare a reconciliation statement.
ITAT Delhi quashes assessments under Section 153A due to “mechanical” Section 153D approval by the Additional CIT. The tribunal emphasized that this approval is a mandatory safeguard, not a mere formality, and its lack of application of mind renders assessments void.
