The decision between the old and new regime depends on available deductions and exemptions. If the assesse has deductions and ...

ICAI have brought ana mazing guidance note on Financial Statements of Non-Corporate Entities, this move will help in enhancing the transparency and uniformity of financial reporting, also the ICAI had ...

Regarding the other capital goods like rails and electrification for the crane, the AAR ruled that once these items are ...

Rajasthan, in the case of In re Kamal Coachworks Pvt Ltd, has highlighted a difference in interpretation regarding the Goods ...

A Gujarat-based company providing warranty services for a German manufacturer has been denied Input Tax Credit (ITC) on ...

Gujarat Authority for Advance Ruling (AAR) has refused to issue a ruling on a question concerning the restriction of Input ...

Gujarat, has imposed a penalty on Neptune Petrochemicals Limited for non-compliance with Section 29 of the Companies Act, ...

In a recent move to boost the ecosystem, DPIIT has approved 187 additional startups for exemption under Section 56 (2) (viib), reaffirming the Government’s commitment towards ease of doing business ...

The Income-tax Return Forms ITR-1 to ITR-4 for the Assessment Year (AY) 2025–26 have seen various important procedural and structural changes that are intended to improve data standardization, ...

ITAT Delhi directs segment-wise ALP, includes Fiberfox comparable and rejects notional interest on AE dues for Opterna Technologies, remits Section 68 issue.

Supreme Court held that a married daughter may be considered a legal representative, but, she will not be eligible for loss of dependency compensation unless it is proven by the daughter that she was ...

Sale of developed land (with internal infrastructure like drainage, levelling, roads, plumbing etc.) is considered as “sale of land” and does not attract GST as per Para 14.3 of CBIC Circular No.