The proposed amendment to Section 2 of the Income-tax Act aims to clarify the treatment of loans between group entities in IFSC as non-dividend transactions.
Overview of tax rates, surcharges, and proposed changes for FY 2025-26, including deductions, surcharge, and special provisions for various entities.
Union Budget 2025 introduces changes in customs tariffs, exemptions, and duties to support manufacturing, textiles, medicine, shipbuilding, and more.
Section 128A offers conditional tax relief for the 2017-2020 period. Learn about eligibility, due dates, procedures, and exclusions under this GST provision.
SC directs release on bail if an accused’s fundamental rights under Articles 21 and 22 are violated during or after arrest, ensuring legal protection.
Discover the key direct tax highlights of Union Budget 2025, including income tax exemptions, revised slabs, and new TDS limits for better compliance.
Key amendments in Chapter XIV-B on block assessment, undisclosed income, and time limits under Finance Bill 2025.
Understanding the rationalization of the time limit for retention of seized books of account under Section 132(8) in Finance Bill 2025.
Understanding the exclusion of time limits during Court stays in assessment proceedings under Finance Bill 2025 for Income Tax assessments.
Finance Bill 2025 rationalizes the time-limit for imposing penalties under section 275 of the Income-tax Act, setting a uniform limit of six months.
