Learn about GSTN’s latest advisories on bank details for GSTR-1, RCM/ITC statement, reporting supplies, and the new Invoice Management System on the GST portal.”
Review gold and silver rates for the current year, the past 10 years, and historical rates from 1981 and 2001, important for financial statement valuation.
Income-tax Act contains special provision for taxability of a non-resident person, including a foreign company. A few benefits are extended to non-residents by these provisions, inter-alia, global income of a non-resident is not taxable in India, various interest income are not taxable in India and so forth. This document gives a brief introduction to those provisions which provides certain benefits to a non-resident.
A resident person is chargeable to tax in respect of his global income. If Income-tax Act enlarges the scope of taxable income of a resident person, it extends certain benefits and privileges to a resident person as well, inter-alia, an option to compute income on presumptive basis
Explore tax benefits available to individuals and HUFs for AY 2025-26, including exemptions, rebates, and allowances under various sections of the Income Tax Act.
Explore the history and key adjustments under Section 143(1)(a) of the Income Tax Act, including recent amendments and CPC’s role in processing returns.
Registrar of Companies imposes penalties on Priyanshi Nidhi Limited and its directors for violating Section 134(3)(a) of the Companies Act, 2013.
SEBI addresses employee concerns on HRA and work culture, asserting transparency and accountability amidst claims of external influence over junior staff.
Learn how to validate bank accounts for income tax refunds for AY 2024-25. Ensure a smooth refund process by following these essential steps.
Relevant provisions of Indian Income Tax Act that non-residents must comply with when setting up a business in India, and residents dealing with non-residents.