In a recent judgment, the Madras High Court permitted a 60% depreciation rate on computer software licenses, emphasizing the specific entry in the tax laws and clarifying the treatment of non-compete fees as revenue expenditure.
The FATF’s latest update highlights high-risk jurisdictions and those under increased monitoring for AML/CFT deficiencies. Get the details here.
When it comes to fueling your business growth or overcoming financial challenges, securing a business loan can be a strategic move. However, choosing the right business loan is a critical decision that can significantly influence the success of your enterprise.
As you approach your car insurance renewal, your quest to secure the most budget-friendly rates is sensible and achievable. No one relishes overpaying for insurance, and there are strategic steps you can take to make sure you get the best possible deal when renewing your car insurance.
Applicant before us is not supplier of service and that ruling sought is not for admissibility of input tax credit in respect of supply received by applicant.
Stay updated with Customs Notification No. 81/2023-Cus (NT) dated 02/11/2023. Learn about revised exchange rates for imported and export goods. Important information for international trade.
Delhi High Court’s decision in Bid Services Division (Mauritius) Ltd. Vs DCIT: Reassessment proceedings suspended pending AAR decision.
Kerala High Court directs petitioner to file DRC-03 for refund of Input Tax Credit after Deputy Commissioner’s denial, ensuring rightful credit to the petitioner’s bank account.
Delhi High Court quashes Income Tax order under Section 148A(d) for non-consideration of the petitioner’s reply. Learn about the case and its implications.
Securities and Exchange Board of India (SEBI) has issued Circular No. SEBI/HO/IMD/IMD-RAC-2/P/CIR/2023/000175 on November 1, 2023. This circular aims to simplify and streamline the preparation of Scheme Information Documents (SIDs) for mutual fund schemes, making it more reader-friendly and informative for investors. Revised SID Format Based on suggestions from AMFI and recommendations from the Mutual […]
