In an economy as fast-paced as ours, financial needs in families can arise unexpectedly. Whether it is a medical emergency, home renovation, or a dream vacation, having access to quick funds is essential for all.
Vijayawada Division’s Income Tax Department warns against false refund claims and wrongful deductions. Learn the consequences and rectify claims now.
SC upholds observations made by Allahabad HC, Once the valid document i.e. e-way bill and tax invoice, builty was accompanying with goods, therefore authorities ought not to have drag petitioner in unnecessary litigation.
Read the full text of the judgment by Punjab and Haryana High Court granting a refund of income tax on exempted disability pension income. Analysis of Circulars and Court Orders.
In a significant ruling, the Rajasthan High Court mandates the issuance of ‘C’ forms for high-speed diesel procured for mining purposes via inter-state trade, offering a crucial legal perspective on the CST Act’s provisions.
Read the full text of the Competition Commission of India’s decision to dismiss Anti-Profiteering proceedings against L&T Parel Project LLP.
Government of India announces an extension of the Industrial License validity to 15 years for ease of doing business. Read the guidelines for extension and reconsideration.
ICSI Approved a uniform minimum stipend of Rs. 5,000/- (Rupees Five Thousand Only) per month for the students (both Executive & Professional Programme) registering for Practical Training (Company/Company Secretary in whole-time practice/other entities) on or after 01st August, 2023.
The Ministry of Finance has issued Notification No. 52/2023-Income Tax, Dated : 20th July, 2023 under section 10(34B) of the Income Tax Act, 1961. The notification provides an income tax exemption for dividends from aircraft leasing within International Financial Services Centres (IFSC). The notification specifies that no income tax deduction shall be made from any dividend income paid by […]
The Insolvency and Bankruptcy Board of India (IBBI) has introduced the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2023. The IBBI’s amendment regulations, it introduces a new explanation to clarify regulatory fee exemption for approved resolution plans involving real estate projects handled by associations or groups of allottees. […]
