The government notifies a statutory authority as eligible for income tax exemption. The benefit applies from AY 2025–26 subject to specified conditions.
The notification extends exclusive import rights for urea to a designated agency until 2027. It ensures continuity in regulated procurement under existing policy conditions.
Form 150 allows collectors to avoid being treated as assessees in default when tax is not collected but paid by the collectee. It ensures that liability aligns with actual tax payment while preventing double recovery.
Form 140 replaces Form 26Q and mandates quarterly reporting of TDS on non-salary payments. Timely filing ensures proper tax credit and avoids penalties for non-compliance.
Forms 134 and 135 introduce a revised system for TAN allotment under the Income-tax Act, 2025. The bifurcation ensures category-specific compliance and simplifies the application process.
ROC imposed significant penalties for failing to constitute mandatory committees on time. The ruling makes it clear that delayed compliance does not excuse violations. Companies must adhere strictly to corporate governance timelines under the Companies Act
ROC imposed penalties for delay in filing MGT-14 beyond 30 days. The ruling stresses strict compliance with statutory filing timelines.
ROC imposed penalties for delayed filing of Form MR-1 beyond the 60-day limit. The ruling highlights strict compliance requirements for director appointments.
This article explores how the internet has transformed organized crime from local syndicates into global cyber networks. It highlights the shift to digital tools like cryptocurrency and encryption, making crime more scalable and harder to detect.
Simultaneous tax disputes before domestic courts and international tribunals can produce conflicting outcomes. The article proposes binding arbitration and legal coordination to resolve the conflict.
