The Court held that invoking Section 74 without alleging fraud or suppression makes the notice invalid. The key takeaway is that proper allegations are mandatory for serious GST proceedings.
Rent payments must now be reported under Schedule A of Form 141 from April 2026. The key takeaway is enhanced reporting with tenant-wise and landlord-wise allocation of TDS.
The law allows companies to settle certain offences by paying a compounding fee instead of prosecution. The key takeaway is a structured process involving RD or NCLT based on penalty limits.
The new law removes the minimum threshold for TDS on crypto transactions, making even small trades taxable. The key takeaway is stricter compliance with full transaction-level tracking.
The Income Tax Act, 2025 introduces Section 58, consolidating earlier presumptive taxation schemes into one unified framework. It simplifies compliance for small businesses and professionals while imposing structured eligibility and lock-in conditions.
The government has replaced Form 26QB with Form 141, introducing a detailed and structured TDS reporting system for property transactions. The change is not just procedural but requires deeper disclosures and computation.
The new tax regime introduces a dual-track system from April 2026. Taxpayers must manage compliance under both old and new laws simultaneously.
The compliance calendar for private limited companies under the Companies Act, 2013 provides a structured overview of mandatory quarterly and event-based compliances. Key annual filings include DPT-3, DIR-3 KYC, AOC-4, and MGT-7/MGT-7A, along with mandatory disclosures like MBP-1 and DIR-8 at the start of the financial year. Companies must hold a minimum of four board […]
A comprehensive compliance calendar covering all quarterly and event-based filings. Helps unlisted public companies stay compliant with the Companies Act, 2013.
A detailed compliance calendar covering all quarterly and annual filings for listed companies. Helps ensure timely adherence to Companies Act and SEBI rules.
