The Income Tax Department’s latest updates to ITR-1 and ITR-4 for Assessment Year 2025–26 have sent a clear message—claiming ...

The Central Board of Direct Taxes (CBDT), the highest authority for tax rules in India, has announced that the last date to ...

E-Invoicing is a mechanism under GST wherein taxpayers upload invoice details to the Invoice Registration Portal (IRP) for ...

If the EV is purchased and used for business purposes, depreciation can be claimed as per standard provisions under Section 32 of the Income Tax Act. There is no separate depreciation rate for EVs in ...

The Hon’ble Bombay High Court highlighted that it is mandatory for the AO to independently apply his mind to the materials on ...

Delhi High Court held that addition towards unexplained credits against companies used as a conduit for routing accommodation entries is not justified since they are not ultimate beneficiaries.

13. From the aforesaid judgments, it is clear that once the Court declined to condone the delay and/or dismissed the appeal of the Assessee in limine for want of limitation, then the Court is not ...

If your company has defaulted under any provision of the Companies Act, 2013, it is advisable to voluntarily rectify the default and apply for compounding to avoid the consequences of legal action.

Let’s begin with what critical thinking truly means.

Customs dated 30th May 2025, amending prior customs notifications related to specified agricultural imports. The government has extended the exemption condition on imports of Yellow Peas (HS 0713 10 ...

NCLAT Delhi held that statutory provisions of section 43 of the Insolvency and Bankruptcy Code [IBC] empowers resolution professional to file application for avoidance of preferential transactions.

Agency Authorized to issue Certificate of Origin (Non — Preferential) — regarding. In exercise of powers conferred under paragraph 2.04 of the Foreign Trade Policy (FTP) 2023, the Director General of ...