CBIC clarifies ‘As Is or As Is Where Is’ basis for GST regularization, addressing payment at lower rates or exemptions without refunds for higher rate payments.
Learn about common irregularities in tax audit reports for AY 2023-24, including reporting gaps in Forms 3CA/3CB, SA 700, and sections 40A, 269SS, and 269T.
Section 144C of IT Act, 1961 was brought through Finance Act, 2009 & introduced for orderly assessment with respect to the international tax case along with transfer pricing. Under this after serving a notice under it a draft assessment order would be given under which recipient shall receive chance of representation during dispute redressal for assessment before such assessment being made final.
Understand the key differences between PPE (Ind AS 16) and Investment Property (Ind AS 40) based on usage, valuation, and income recognition.
Karnataka RERA extends the annual audit deadline for FY 2023-24 to 31st December 2024. Know about audit requirements and penalties for non-compliance.
An analysis of whether India’s Constitution is misused by elected representatives, highlighting Dr. Ambedkar’s concerns on democracy and the importance of Article 51-A.
Allahabad HC directs appointment of judicial officer after honourable acquittal, stating suspicion post-acquittal undermines rule of law. Key insights here.
Learn how to register a company in India, choose the right business structure, complete the incorporation process, and comply with post-registration requirements.
Learn the open offer regulations, including who must make offers, when they are required, and the process of acquiring shares in target companies.
SEBI mandates merchant bankers to upload IPO due diligence records to an online repository starting January 2025, ensuring transparency and compliance.
