1. Further to the article Capital Gain Tax Exemption on Residential Property: Land Mark Judgment PART A, This article delves into landmark judgments clarifying capital gains tax exemptions and related provisions under the Income Tax Act, 1961. Key rulings include the Mumbai Tribunal’s decision in Abdul Nayab Sheik v. ITO (2024), where it was held […]
Explore the Delhi High Court ruling on stamp duty for mergers, the Ambuja Cements judgment, and its implications on conveyance and exemptions under Indian law.
Learn the step-by-step procedure for APEDA Registration Cum Membership Certificate (RCMC) for exporters in India, including required documents and payment details.
RBI’s circular on floating rate personal loans offers clarity on EMI reset, loan options, and borrower flexibility. It applies to all personal loan types.
Late Fee Waiver benefits under Amnesty Scheme cannot be denied for GSTR 9 Returns Filed before Issuance of Notification: R. T. Pharma Vs Union of India & Ors. (Himachal Pradesh High Court); CWP No. 4899 of 2024
From January 2025, reporting HSN codes in GSTR-1/1A Table 12 is mandatory. Key changes include auto-populated descriptions, dropdown selection, and bifurcated tabs.
Learn how to optimize home loan interest tax benefits for self-occupied and rented properties. Strategies include reducing capital gains tax and offsetting rental income.
Indian residents must disclose foreign assets and income in their ITRs. Learn the rules, penalties for non-compliance, and filing updates for FY 2023-24.
India’s dual tax regimes create complexities for taxpayers. A unified tax system blending deductions and concessional rates aims to simplify and rationalize taxation.
Learn how to file Schedules FSI, TR, and FA in Indian ITRs. Understand foreign income, tax reliefs, and asset disclosures to ensure compliance and avoid penalties.
