A public outcry over alleged delays and potential corruption in the Goods and Services Tax (GST) registration process, ignited by a LinkedIn post from a frustrated entrepreneur, drew a swift response from Union Finance Minister Nirmala Sitharaman and the Central Board of Indirect Taxes and Customs
The Income Tax Department has introduced new detailed reporting for various deductions (HRA, home loan interest, 80C to 80U) in ITRs for FY 2024-25, applicable to the old tax regime.
Explore the balance between corporate autonomy and minority shareholder protection, examining judicial restraint through the landmark Foss v. Harbottle case and the Tata-Mistry judgment.
Vague GST show cause notices undermine natural justice, leading to invalid tax demands and registration cancellations. Courts consistently rule for specificity in SCNs.
Understand GST refund procedures under the CGST Act, 2017, including eligibility criteria, application process, and recent developments to maintain liquidity and compliance.
Learn how CAs can become indispensable trusted advisors by offering peace of mind, strategic guidance, and empathetic support, extending beyond basic compliance.
The Delhi High Court upheld the termination of an Indian Army officer who refused to attend regimental religious parades, prioritizing military discipline and unit cohesion over individual religious beliefs. The court emphasized that the armed forces place nation before religion, and officers must lead by example to maintain troop morale and unity.
Understand advance tax liability and payment due dates in India. Learn who needs to pay, installment percentages, special provisions for certain incomes, and consequences of non-payment as per the Income Tax Act, 1961 and Income Tax Bill 2025.
Understand income tax for Indian freelancers and influencers. Learn about presumptive taxation (Section 44ADA), claiming deductions, and selecting the correct ITR form.
This comprehensive note endeavours to provide an exhaustive and analytical exposition on the taxation of online gaming in India, covering the legislative background, statutory provisions, key amendments, judicial precedents, administrative circulars, and compliance requirements.
