MCA has issued the Limited Liability Partnership (Amendment) Rules, 2015 to be effective from 19th October, 2015
It contains some minor procedural amendments. The same may be viewed using the following link:
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CIT(A) cannot direct reopening of years not under appea
Recently, the Hon’ble Income-tax Appellate Tribunal, Chennai (‘ITAT’) in the case of Mr. Chandanmal Nagaraj v. Assistant Commissioner of I...
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A new website launched for TDS related matters www.tdscpc.gov.in TRACES – T DS R econciliation A nalysis and C orrection E nabling S yste...
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Recent judicial pronouncements across different forums have clarified several important aspects of Indian income tax law, particularly relat...
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An eminent concern within the GST framework pertains to the entitlement of Input Tax Credit (ITC) concerning expenditures associated with In...
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The transition to the Income-tax Act, 2025 (ITA 2025) and the accompanying Income-tax Rules, 2026 introduces a significantly overhauled co...
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Introduction Employee welfare is a cornerstone of corporate responsibility, and gratuity forms a critical part of the social security benefi...
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The overall effective tax rate of a U.S. multinational corporation may have significant impact on the value of its stock. Therefore, it ...
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Clarifications from the GST Council The GST Council has recommended the following clarifications on ISD and cross charge:
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Introduction: India's Green Economy and the Tax Conundrum India stands as a global powerhouse in the fight against climate change, c...
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In a landmark ruling, the ITAT, Hyderabad Bench, in the case of Amith Vishnaw Gudimela, held that a delay in filing Form-67 cannot be the so...
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The Delhi High Court held that interest earned on funds temporarily parked in bank deposits during the project setup phase is capital in n...
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