ITAT Delhi held that denial of exemption under section 54B of the Income Tax Act for purchase of agricultural land in the name wife of the assessee is not justifiable. Accordingly, denial of benefit ...
SLEW OF DIRECT TAX REFORMS PROPOSED IN UNION BUDGET 2025-26 TO ACHIEVE GOOD GOVERNANCE Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman presented the Union Budget 2025-26, in ...
To promote development of domestic MROs for aircraft and ships, the July 2024 Budget extended the time limit for export of foreign origin goods that were imported for repairs, from 6 months to one ...
Union Budget 2025-26 introduces key amendments to GST laws to enhance trade facilitation. Starting from April 1, 2025, input tax credit distribution will be allowed by Input Service Distributors for ...
यह कि सीजीएसटी अधिनियम 2017 के अनुसार, जीएसटीआर 9 को वार्षिक रिटर्न कहा जाता है, जबकि जीएसटीआर 9सी को समाधान विवरण कहा जाता है। यह कि फाइलिंग प्रक्रिया के अनुसार सबसे पहले जीएसटीआर 9 जमा करना अनिवार्य ...
The company and the officers must remit the penalty within 60 days, or face further legal consequences under Section 454 of the Companies Act. The company’s failure to promptly appoint a woman ...
Union Minister for Finance and Corporate Affairs Smt Nirmala Sitharaman presented Union Budget 2025-26 in the Parliament today. The highlights of the budget are as follows: The total receipts other ...
Amendment to Section 9 (1) of the Act Section 9 (1) – A party may, before, or during arbitral proceedings or at any time after the making of the arbitral award but before it is enforced in accordance ...
For the accounting of iSAFE notes, there are no clear standards or guidelines prescribed by the Institute of Chartered Accountants of India (ICAI). iSAFE notes are listed as “Preference Share Capital” ...
The Institute of Chartered Accountants of India (ICAI) has issued guidelines to govern the merger and demerger of Chartered Accountant (CA) firms. The ICAI (Merger & Demerger of CA Firms) Guidelines, ...
It found that while the valuer used market-based methods, he failed to disclose key reference data, which could aid stakeholders in decision-making. The Authority ruled that omitting publicly ...
G.S.R. 90 (E).— In the notification number 05/2025 – Integrated Tax (Rate), dated the 16th January, 2025, of the Government of India in the Ministry of Finance (Department of Revenue), published in ...