An analysis of Sections 263 and 264 of the Income-tax Act, 1961. It details the conditions, scope, and judicial precedents for these revisional powers.
The Madras High Court ruled a writ petition against a GST show-cause notice was premature, instructing the company to first reply to the SCN.
A summary of the challenges in passing on GST rate cuts to consumers, focusing on issues like input tax credit reversal and practical pricing difficulties.
The Supreme Court has stayed several provisions of the Waqf (Amendment) Act, 2025, but refused to strike it down completely, in a landmark decision.
CBDT’s late-night decision to extend the ITR filing deadline by one day sparks outrage. Read how technical glitches on the Infosys-managed e-filing portal led to a last-minute scramble, drawing sharp criticism from netizens and tax professionals.
Understand the calculation of GST and TCS on motor vehicle purchases. Learn which charges are included in the Ex-showroom and On-road prices.
Understand the GST anti-profiteering rules under Section 171. Learn how to calculate and pass on GST benefits from tax rate changes to consumers.
Understand the rules for computing presumptive tax under Section 44AE for heavy goods vehicles, including definitions of Gross Vehicle Weight and Unladen Weight.
Indian stock market apps are integrating features like fractional shares, live news, and research tools to help users invest in global markets for portfolio diversification.
A Systematic Investment Plan (SIP) in mutual funds helps investors combat inflation through rupee-cost averaging and compounding, building wealth over time.
