Understand purpose, filing requirements, due dates and penalties of Form MSME-1 for companies with outstanding dues to MSME suppliers under MCA regulations.
Explore the concept of agricultural income under Income Tax Act 1961, including definitions, exemptions, and conditions for income derived from land used for agricultural purposes. Learn what qualifies as agricultural income and its taxation implications.
IT Dept scrutinizes political donations ₹5L+ for tax fraud. Learn about Section 80GGC/80GGB, penalties, and steps to ensure compliance before March 2025.
Why does tax evasion still thrive despite all the efforts to stop it? And more importantly, what can be done to fix it? This blog takes a close look at the issue—its causes, its impact, and the possible solutions that could finally bring some real change.
Through tax laws on Virtual Digital Assets (VDAs) like cryptocurrencies and Non-Fungible Tokens (NFTs), India has initiated the process of regulating digital assets. Nevertheless, it is not yet evident how digital commodities, virtual properties, and incomes from economic activities based in the metaverse would be taxed.
Explore simplified Input Service Distributor (ISD) provisions under GST, mandatory from April 2025, detailing credit distribution, invoicing, and compliance rules.
Review 9 essential GST compliances before 31st March 2025, including LUT submission, composition scheme opting, e-invoicing, credit notes issuance, and reconciliation.
Understand whether AIFs and MFs are classified as related parties under the Companies Act and SEBI Listing Regulations. Analysis based on structure and legal provisions.
Explore evolution of tax laws from ancient times to the modern era, highlighting key changes, global trends, and challenges shaping today’s taxation systems.
Received an IT notice on political donations? Understand why, what to do, and avoid penalties. Expert advice to respond effectively.
