Explains how religious and charitable trusts can comply with FCRA, highlighting proper donation channels, fund utilization, and reporting to prevent suspension or cancellation.
Learn how discrepancies between GST returns and financial statements arise, and discover best practices to reconcile GSTR-9 and 9C accurately to reduce scrutiny and litigation.
This explains how internal audit focuses on ongoing risk prevention while forensic accounting investigates suspected fraud. The key takeaway is that one is proactive and advisory, while the other is reactive and evidence-driven.
The case questions how data protection rules can operate when the parent Act is admittedly unenforced. It underscores that subordinate legislation cannot survive without statutory commencement.
ITAT held that section 69 cannot be invoked where purchases are duly recorded in books and paid through banking channels, making the reassessment unsustainable.
The article explains why select savings instruments continue to enjoy Exempt-Exempt-Exempt status and how they deliver complete tax efficiency under the old tax regime.
Explains how the IRS defines self-employment, including sole proprietors, contractors, partners, and gig workers, and clarifies who must comply with SE tax rules.
Gold crossed ₹1.3 lakh per 10 grams due to global risk aversion, rupee weakness, and sustained central-bank buying. The key takeaway is that the rally reflects a structural repricing of trust, not short-term speculation.
The High Court rejected bail after holding that the slogan used by the crowd challenged the authority of law and sovereignty of India. The ruling emphasises that calls for violence fall outside constitutional protection.
Explore the eligibility, modes, and compliance obligations under FEMA for Indian entities investing abroad, ensuring regulatory adherence and risk management.