Latest Articles
F&O & Intraday Trading: Capital Gains or Business Income? Is Tax Audit Required?
Income Tax : F&O and intraday trading are business income, not capital gains. Know ITR-3, audit thresholds, loss set-off, advance tax and compl...
I Bought US Stocks & Lost 25% of My Dividend to US Tax – Do I Pay Again in India?
Income Tax : US dividends are taxable in India with FTC under the India–US DTAA. Know Form 44, Schedule FA, FTC limits and reporting requirem...
Loan Settlement Myths Indians Still Believe (And the Truth Behind Each One)
Finance : Discover 7 common loan settlement myths Indians still believe and the facts behind each. Learn about RBI rules, CIBIL impact, OTS,...
Chapter VI-A Deductions Reorganised Under Chapter VIII of Income-tax Act, 2025
Income Tax : Income-tax Act, 2025 reorganises Chapter VI-A deductions into Chapter VIII from 1 April 2026 while largely retaining existing bene...
Adult Woman Cannot Be Forced to Return Home or Marry: Bombay HC
Corporate Law : Bombay HC held that a 21-year-old woman cannot be compelled to return home or marry against her wishes, treating residence, marria...
Latest News
CA Foundation May 2026 Results; Pass Percentage & Top 3 Rankers
CA, CS, CMA : ICAI has declared the CA Foundation May 2026 results with an overall pass percentage of 20.09% and announced the All India top ran...
Ethanol Blending in India: Policy Evolution, Milestones & Key Concerns
Corporate Law : PIB outlines Indias E20 ethanol blending progress, programme milestones, industry views, and responses to frequently raised concer...
Draft Stipend Rates for CA Articled Assistants Invited for Comments: ICAI
CA, CS, CMA : ICAI invites stakeholder comments by 5 August 2026 on draft amendments and proposed stipend rates for articled assistants under th...
FAQs on Filing of Corporate Action as per SEBI (LODR) Regulations, 2015
Corporate Law : NSE FAQs explain Regulation 42 Record Date filing, NEAPS submission, timelines, rights issue requirements and compliance under SEB...
IFSCA Proposes FCSS Compliance Framework for IBUs in GIFT IFSC
Finance : IFSCA invites comments on a draft FCSS circular requiring IBUs to use FCSS, promote real-time USD settlements, and meet customer c...
Latest Judiciary
Mumbai ITAT Deletes ₹1.36 Crore Addition u/s 69A – Customs Duty Collections by CHA Are Fiduciary Receipts, Not Taxable Income
Income Tax : ITAT Mumbai held that customs duty collections received by a CHA in a fiduciary capacity are not taxable under Section 69A and del...
Mumbai ITAT Deletes Demonetisation Addition – Cash Deposits from Recorded Jewellery Sales Cannot Be Taxed under Section 69A on Mere Suspicion
Income Tax : ITAT Mumbai deleted the Section 69A addition, holding that cash deposits backed by recorded jewellery sales and accepted books can...
Mumbai ITAT Deletes Demonetisation Addition – Marriage Gifts & Past Savings Accepted as Valid Source of Cash Deposits
Income Tax : ITAT Mumbai deleted the Section 69A addition, accepting marriage gifts, past savings and retained cash as a satisfactory explanati...
Bangalore ITAT: REIT Not Eligible for Deduction u/s 35D on IPO & Listing Expenses
Income Tax : ITAT Bangalore held that a REIT, being a trust and not a company, is not eligible for deduction under Section 35D(2)(c) on IPO and...
Pune ITAT Allows Section 80P Deduction to Employees’ Credit Society – Interest from Bank Deposits Held Eligible for Deduction
Income Tax : ITAT Pune held that an employees’ co-operative credit society is entitled to deduction under Section 80P(2)(a)(i) on eligible in...
Latest Notifications
SEBI Amends Municipal Debt Securities Regulations with ESG & SPV Framework
SEBI : SEBI amends Municipal Debt Securities Regulations, introducing ESG debt securities, SPV framework, electronic advertisements and e...
Rajasthan Revises GST Return Scrutiny Guidelines, Risk Parameters & Faceless Process
Goods and Services Tax : Rajasthan revises RGST Section 61 return scrutiny guidelines, risk parameters, faceless scrutiny process, ASMT forms and action un...
CBDT Authorises Upload of AEOI Information in Form 168 Under AIS
Income Tax : CBDT authorises DGIT (Systems) to upload AEOI information in Annual Information Statement Form 168 under section 239 and Rule 245(...
CBDT Authorises Upload of AEOI Information in Form 26AS Under AIS
Income Tax : CBDT authorises DGIT (Systems) to upload AEOI information in AIS Form 26AS under sections 119, 90 and 90A, prescribing timelines a...
CBDT Clarifies Safe Harbour Rules for Rough Diamond Sales in Special Notified Zones
Income Tax : CBDT Circular 05/2026 clarifies safe harbour rules for foreign companies selling raw diamonds in Special Notified Zones, covering ...
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FAQs
NSE FAQs explain Regulation 42 Record Date filing, NEAPS submission, timelines, rights issue requirements and compliance under SEBI (LODR) Regulations.
Udyam Registration is a Central registration issued by the Ministry of MSME and is valid in all States and Union Territories. No separate State-wise registration is required.
The FAQs explain that FAST-DS, introduced through the Finance Act, 2026, offers eligible taxpayers a one-time opportunity to disclose undisclosed foreign assets and income in return for immunity from specified penalties and prosecution under the Black Money Act, subject to prescribed conditions.
The Companies Act, 2013 requires most companies to hold four Board Meetings annually, while OPCs, Small Companies, and Dormant Companies need only two. Listed companies must also comply with corresponding SEBI (LODR) meeting requirements.
CBDT FAQs clarify Section 536 transition rules for summons, searches, recovery, penalties, pending 12AB/80G approvals and LDC/NDC applications.
