AI and big data are enhancing business valuation by automating tasks and improving accuracy. This guide explores applications, implementation strategies, and best practices.
Learn the 8-step process for conducting IFC testing, from identifying key business processes to documenting findings, to ensure financial transparency and compliance.
A GST Health Checkup reviews a business’s GST filings and processes to find errors, reclaim missed tax credits, and ensure full compliance with current tax laws.
This article examines the shift in Indian accounting from AS 14’s dual-path approach for amalgamations to Ind AS 103’s fair-value based acquisition method, highlighting key differences.
GST’s new Invoice Management System (IMS) aims to prevent fraudulent tax claims by moving from reactive reconciliation to a real-time, self-policing compliance framework.
India’s new Income Tax Bill, 2025, simplifies the tax system by creating a single ‘Tax Year,’ reducing litigation, and offering new benefits like refunds for late filings and tax relief for vacant properties.
The NCLT Kolkata ruled that a bank guarantee can be invoked during the Corporate Insolvency Resolution Process (CIRP) moratorium, citing the IBC’s Section 14(3)(b) and key precedents.
The Doctrine of Pious Obligation, which required sons to repay ancestral debts, was abolished by the 2005 Hindu Succession Act, with exceptions for pre-2005 debts.
Learn about the Komal Gurumuk Sangtani v. ITO case, where the Mumbai ITAT clarified what property improvement costs can be deducted when computing capital gains.
A guide to reporting Futures & Options (F&O) and intraday trading losses in ITR 3. Learn how to navigate forms and avoid common validation errors for successful filing.
