Explains India’s restriction of pre-pack insolvency to MSMEs to safeguard credibility, but questions whether this exclusion limits systemic reforms for larger corporates.
This article explains how structural changes in the Labour Codes prioritise employer flexibility while eroding worker security and rights.
The analysis explains how a recovery-first mindset within CoCs undermines IBC’s resolution objective, leading to avoidable liquidations.
Non-cash perks like gold or trips trigger TDS under Section 194R, but conflicting GST rulings for sellers and dealers risk double taxation, highlighting the need for regulatory clarification.
Buyers of property from Non-Residents must deduct TDS under Section 195, with rates up to 30% for STCG and 20% for LTCG, emphasizing the importance of compliance to avoid penalties.
Chhattisgarh HC affirmed that hiding the inability to conceive is valid grounds for divorce, emphasizing transparency in marital obligations while ensuring fairness via alimony.
This article explains the exact conditions under which a housing society must register under GST. The key takeaway is that registration is required only when both the ₹7,500 per-member charge and ₹20 lakh turnover limits are crossed.
This article explains each table of GSTR-9 and why it is crucial during GST audits and scrutiny. The key takeaway is that table-wise accuracy and reconciliation are essential to avoid notices and disputes.
Stay updated on Income Tax, GST, RBI, and corporate sector notifications, circulars, and judicial rulings issued during the first week of December 2025.
Learn the correct accounting treatment, income tax implications, and GST rules when selling or scrapping Plant, Property, and Equipment, with practical illustrations for businesses.
