Overview of US tax credits including refundable, nonrefundable, and partially refundable credits, with examples, forms used, and comparison with tax deductions.
MPTCA urges the Finance Ministry and CBDT to reconsider the proposed late fee for delayed tax audit reports in the Finance Bill, 2026, citing disproportionate burden.
Imposition of a 28% GST on online gaming and betting has triggered one of the most intense legal and policy debates in recent times. This blog examines this conflict in depth, moving beyond headlines to analyse the constitutional questions, industry impact, and the broader implications for India’s digital economy.
ITAT held that entire receipts cannot be treated as unexplained when income is already offered to tax. Only unverifiable expenses can be disallowed.
A practical webinar will explain the real-world approach to conducting statutory bank branch audits efficiently. The session covers planning, risk identification, documentation, and common mistakes auditors must avoid.
