SEBI has issued new standards for Related Party Transactions (RPTs), effective Sept. 1, 2025, to improve transparency and standardize disclosures for listed companies.
The ICAI has announced a revised schedule for the postponed CA Final and Intermediate exams in Kathmandu, Nepal, to be held from October 5 to 11, 2025.
An overview of India’s anti-avoidance tax laws on clubbing of income, including rules, judicial precedents, and practical examples for taxpayers and practitioners.
An overview of the five heads of income under the Income-tax Act, 1961, and the legal tests for classifying a receipt as a salary, business income, or capital gain.
A summary of the changes to share buyback taxation in India. The law now treats buyback proceeds as a ‘deemed dividend’, with implications for companies and shareholders.
Supreme Court dismissed the SLP, affirming that ITAT rightly remanded the case to TPO to reassess ALP of intra-group services, stressing that Section 92C(3) conditions must be examined before adjustments.
Tribunal held that EDC paid to HUDA is a statutory levy and not interest, quashing disallowance u/s 40(a)(ia) based on erroneous application of Section 194A.
Bombay High Court ruled on TDS for Nanavati Hospital. It confirmed doctors are independent professionals, but remanded the AMC matter for re-evaluation.
The Chhattisgarh High Court has ruled that compensation for land acquired under the NH Act is exempt from income tax, citing the RFCTLARR Act and Supreme Court precedents.
Virupaksha Organics and its directors are fined for a long-standing failure to constitute an Audit Committee. This ROC order outlines the penalties for the company’s non-compliance with the Companies Act.
