Summary: The conversion of a private or unlisted public company into a Limited Liability Partnership (LLP) is governed by the LLP Act, 2008. This transition offers benefits such as limited liability, tax advantages, operational flexibility, reduced compliance, and perpetual succession. To qualify, the company must not be a Section 8 entity, have no pending charges, […]
Overview of Section 149 of the Companies Act, 2013: Board composition, women directors, resident and independent directors’ roles, qualifications, and remuneration.
Delhi HC directs trial courts to decide bail pleas promptly for undertrials who have served half their maximum sentence under BNSS, 2023.
Madras High Court ruled on service of notice under TNGST Act, emphasizing modes of communication and setting aside assessment orders served only via the online portal.
The Supreme Court ruled that extra-judicial confessions must be true, voluntary, and free from coercion to establish guilt, overturning a Bombay High Court verdict.
Direct taxation in India is plagued by mishandling, ignorance, and reliance on settlement schemes, risking the financial stability of small businesses and clients.
The e-way bill is an essential compliance mechanism under the Goods and Services Tax (GST) regime in India. It ensures seamless movement of goods and prevents tax evasion. This article provides a detailed overview of intra-state e-way bill requirements for tax professionals, including threshold limits, exemptions, notifications, and other relevant details. Threshold Limits for E-Way […]
Understand the applicability of Section 68 (cash credit) and Section 69 (unexplained investments) under the Income Tax Act with relevant case law examples.
Understand compliance requirements for listed companies under SEBI LODR 2015, including ESG, BRSR Core, and market cap-based obligations as of Dec 31, 2024.
Received an SMS about Section 80GGC deductions? Learn why the Income Tax Department is scrutinizing claims and what steps to take if you’ve donated or made an error.
