The Tribunal held that the assessment was void because jurisdiction shifted between officers without a mandatory transfer ...

Explains how gratuity exemptions differ for government, private, and Gratuity Act–covered employees. Key takeaway: exemption is capped at ₹20 lakh, and excess becomes ...

The Tribunal held that the AO cannot expand a limited scrutiny into full scrutiny without written approval from the Principal CIT. Additions under Sections 2(22)(e) and 69A were struck down, ...

Tribunal held that freight amounts collected and passed on to airlines are mere reimbursements, not income. Only the assessee’s service margin is ...

Explains how FEMA’s outdated definitions leave cross-border crypto transfers legally ambiguous. Key takeaway: without ...

Explains how multiple regulators now require valuation for corporate, tax, and investment transactions. Key takeaway: ...

FTWZ units providing warehousing and logistics to foreign recipients qualify for IGST zero-rating, ensuring tax efficiency under Section 16 and Schedule III of CGST ...

Avoid common car insurance claim mistakes that lead to instant rejection. Learn what to do after an accident to protect your ...

The ROC imposed significant penalties on the company and its directors for failing to file financial statements. The ruling reinforces strict consequences for prolonged non-compliance under Section ...

By regulating auditors and corporate accounting, NFRA protects investors and creditors, ensuring accurate financial reporting ...

The ROC penalised the company and its directors for failing to file financial statements on time. The order reinforces that ...

The ROC Delhi penalized a company director for filing e-form AOC-4 with wrong attachments, highlighting the importance of ...