Explore tax benefits available to individuals and HUFs for AY 2025-26, including exemptions, rebates, and allowances under various sections of the Income Tax Act.
Depreciation Rate Chart under Companies Act, 2013 as per SCHEDULE II, including useful lives for computation. Analysis of Schedule II and guidelines for assets.
Rates of depreciation applicable for income tax purposes from assessment year 2003-04 to 2025-26. This guide includes rates for tangible and intangible assets, providing valuable insights for taxpayers.
Explore the structure of income tax reassessment provisions, including Sections 147, 148, 148A, 149, and 151, covering notice issuance, procedures, and time limits.
GST Advisory reduces reporting threshold for unregistered dealers in GSTR-1/GSTR-5 from ₹2.5L to ₹1L. Continue old reporting till portal update.
Learn about Form MGT-14, its purpose, filing requirements, deadlines, and penalties for non-compliance. Essential for all ROC filings.
Rapido, an e-commerce operator, must pay GST on services provided by cab drivers via its platform, per Karnataka State GST Advance Ruling.
Understand how Rule 42 of CGST Act, 2017 affects GST credit reversal during the share listing process involving IPOs and Offer for Sale (OFS).
Delhi HC rejects Sharjeel Imam’s plea for early bail hearing; case will be heard on October 7, 2024, despite his prolonged incarceration since 2020.
Explore the history and key adjustments under Section 143(1)(a) of the Income Tax Act, including recent amendments and CPC’s role in processing returns.