Provides a clear overview of how Ind AS 36 applies to investments in subsidiaries, associates, and joint ventures, including key indicators and accounting treatment.
Learn why hospitals must issue proper certificates under the Income-tax Act and how they impact deductions under Sections 80DDB, 80DD, and 80U.
The Tribunal remanded the sustained cash deposit addition after accepting additional evidence. It directed the CIT(A) to reconsider the ₹7.02 lakh addition through de novo adjudication.
NCLAT Delhi held that that Provisional Attachment Order has to be treated to cease by virtue of legislative scheme under Section 32A of the Insolvency and Bankruptcy Code and there is no necessity to obtain any order by the SRA from the adjudicating authority under the PMLA.
Himachal Pradesh High Court held that bail application is liable to be dismissed since twin conditions laid down in section 37 of Narcotic Drugs and Psychotropic Substances Act (NDPS) not satisfied. Accordingly, petition dismissed.
Breaks down the purpose and components of a CFS and highlights how it reveals a company’s real liquidity, not just accounting profits.
Covers the Act’s simplification, digital integration, and restructured chapters, highlighting how compliance becomes clearer and more taxpayer-friendly.
Explains how the new wage definition, allowance caps, and statutory triggers reshape salary design. Highlights the risks of misclassification and PF liability.
The Tribunal held that the AO’s rejection of books under Section 145(3) was unsustainable as no specific defects were identified. The ruling confirms that estimation of income cannot be based on assumptions when records are supported by documentation.
Provides clarity on capital gains taxation, high TDS obligations, and FEMA procedures NRIs must follow when selling property in India.
