Private limited companies with turnover above ₹200 crore or borrowings exceeding ₹100 crore must appoint an internal auditor under the Companies Act, 2013. The article explains compliance rules, ...
AI-driven scrutiny and AIS integration are increasing Income Tax notices where property transactions occur below stamp duty value. Both buyers and sellers may face taxation under Sections 50C and ...
The article questions why Congress has not consistently demanded accountability from the Centre regarding creation of High Court Benches in states like Uttar Pradesh, Bihar, and Odisha. It highlights ...
The Tribunal accepted the assessee’s explanation that unspent cash withdrawn for labour and petty expenses was redeposited into the same bank account. The Section 68 addition was consequently ...
The requirement applies if foreign assets or liabilities exist as of 31 March, even without fresh transactions. The rule ensures disclosure of outstanding FDI/ODI positions under FEMA reporting ...
This case highlights that cash paid to builders as “on-money” will not automatically be treated as tax evasion if it originates from disclosed bank funds. However, buyers must prove the source with ...
The article explains the complete evolution of buyback taxation in India, highlighting how tax liability shifted between ...
The Ministry of Finance amended the earlier customs notification to continue anti-dumping duty for an extended period. The notification clarifies that the levy will remain effective unless superseded, ...
The DGFT introduced a digital system for issuance of Certificates of Origin for Agarwood exports through the Trade Connect ePlatform. The module aims to ensure transparency, paperless processing, and ...
The Supreme Court stayed further proceedings arising from a Section 74 GST order while examining whether writ petitions can be entertained despite statutory appellate remedies. The Court linked the ...
The government imposed anti-dumping duty on Monoisopropylamine imports after finding that Chinese exports were dumped below normal value. The notification aims to protect domestic manufacturers from ...
The Government has advised States and UTs not to impose fresh registration requirements on existing repairers merely because of revised procedures or regulatory changes. The move is aimed at reducing ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results