This article clarifies whether filing an ITR is necessary even without tax liability. It explains the major non-tax benefits and legal requirements of submitting an income tax return, including loan applications and loss carry-forward.
Explains how recent Supreme Court and NCLAT rulings now treat valuation as a quasi-judicial process, requiring strict methodology, independence and defensible documentation.
Explains SEBI’s 2025 reforms enabling AIFs to use CIV schemes instead of CPMs, reducing compliance duplication and simplifying co-investment execution.
Explains the statutory process for creating, registering and satisfying charges, including timelines, forms and the consequences of non-registration.
Explains how FEMA permits NRIs and OCIs to invest in partnership firms, the conditions for repatriation, prohibited sectors, and mandatory compliance requirements.
Breaks down the RBI’s decision allowing silver as collateral, the LTV structure, and borrower protections under the new secured lending framework.
CA students must master Excel, Power BI, cloud accounting, and automation tools to stay competitive and meet modern accounting demands.
The Supreme Court acquitted Surendra Koli, citing involuntary confession, flawed investigations, and irreconcilable outcomes in 12 companion cases, upholding fairness and due process.
The ruling explains strict compliance requirements for specified domestic transactions, including maintaining detailed documentation for eight years. It highlights that failure to maintain, report, or furnish accurate information attracts penalties of up to 2% of transaction value.
Understand the tax treatment of monetary, movable, and immovable gifts received by individuals and HUFs. Learn the ₹50,000 thresholds, exemptions for relatives and marriage, and rules for gifts received without or for inadequate consideration.
