Form 46 allows taxpayers to exercise the option for determination of arm’s length price for international or specified domestic transactions for two tax years.
Form 45 allows resident taxpayers to report settlement of foreign tax disputes and claim foreign tax credit not earlier claimed in Form 44 under the Income-tax framework.
Form 44 is an e-form for reporting foreign income and claiming foreign tax credit under the Income-tax Rules, 2026, with specified filing timelines and documents.
The Bill decriminalises minor compliance failures while strengthening governance norms and fraud enforcement. The key takeaway is a shift toward business-friendly regulation with stricter accountability for serious violations.
The court examined whether student protests can attract disciplinary action. It held that peaceful dissent is protected and disproportionate punishment is invalid.
The process outlines Board approval, ROC filing, and compliance requirements for shifting a registered office within city limits. The key takeaway is strict adherence to timelines and documentation.
Critical assumptions define the conditions under which APA pricing remains valid and reliable. The key takeaway is that any material change can invalidate the agreement and require revision.
Section 145(3) allows rejection of books if accounts are unreliable or standards are not followed. The key takeaway is that specific defects must be identified before invoking this power.
The bill proposes extensive amendments across corporate laws, including LLPs, audits, and director regulations. It aims to improve transparency, simplify compliance, and strengthen enforcement mechanisms.
The case addressed denial of permanent commission caused by systemic bias in evaluation and opportunities. The Court held that such discrimination violated constitutional principles and granted relief to affected officers.
