SEBI flagged alleged revenue misrepresentation, undisclosed fund transfers, and accounting irregularities, raising concerns over disclosures and audits.
This guide outlines the complete ITR filing checklist for AY 2026-27, from AIS reconciliation to e-verification. It helps salaried taxpayers avoid errors, notices, and refund delays.
This guide explains how taxpayers can select the correct ITR form based on their income profile and tax status. It highlights eligibility conditions and common mistakes that may lead to defective return notices.
The new labor codes introduce a uniform wage definition and the 50% exclusion cap, significantly impacting salary structures and statutory liabilities. Chartered Accountants must reassess CTC designs to ensure compliance.
The proposed ordinance exempts FIIs from tax on interest income and capital gains from Government Securities. The measure aims to increase foreign participation in India’s sovereign debt market and reduce tax-related investment barriers.
The Government proposes exempting BIS from tax on interest income and capital gains arising from Government Securities. The move aims to encourage future BIS investments and enhance India’s attractiveness for sovereign debt investments.
The guide explains the enhanced rebate mechanism available under the new tax regime and the revised slab structure applicable from AY 2026-27. It also discusses marginal relief and tax computation methodology.
Capital gains from compulsory acquisition are generally taxed when compensation is received rather than when the land is acquired. The provisions also prescribe separate taxation for enhanced compensation and judicial awards.
This guide explains how technical and procedural FCRA violations can be settled through compounding before prosecution is initiated. It outlines eligibility conditions, penalties, and compliance requirements for organizations seeking relief.
The guide explains that rental income derived from a property created using foreign contribution is itself foreign contribution and must be deposited only in an FCRA account. It discusses compounding options, penalties, and corrective measures available under FCRA.
