The Ministry of Corporate Affairs (‘MCA’) vide a Notification dated
January 22, 2019 (‘MCA Notification’) has broadened the extant framework for
Companies (Acceptance of Deposits) Rules, 2014 with an objective to further
enhance the transparency, disclosure to the stakeholders and improve governance
in the Corporate Sector
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ITAT: Property Received on Family Trust Dissolution Qualifies as ‘Devolution’, Long-Term Capital Gains Tax Applies
Under income tax law, when a capital asset is acquired by way of succession, inheritance or devolution, the cost of acquisition is deemed to...
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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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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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Clarifications from the GST Council The GST Council has recommended the following clarifications on ISD and cross charge:
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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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