The Madras High Court set aside an ex-parte GST assessment against a second-hand mobile phone dealer who claimed taxation should apply only to the margin under Rule ...

This guide outlines the complete ITR filing checklist for AY 2026-27, from AIS reconciliation to e-verification. It helps salaried taxpayers avoid errors, notices, and refund ...

The Government proposes exempting BIS from tax on interest income and capital gains arising from Government Securities. The move aims to encourage future BIS investments and enhance India's ...

The new payment linkage allows Indian travellers to use UPI apps directly at KHQR-enabled merchants in Cambodia. It marks a significant step in expanding UPI’s cross-border payment ...

The new labor codes introduce a uniform wage definition and the 50% exclusion cap, significantly impacting salary structures and statutory liabilities. Chartered Accountants must reassess CTC designs ...

GSTAT has extended relaxed scrutiny guidelines for portal-based appeals until 31 December 2026. The key takeaway is that this ...

RBI has issued draft amendment directions to allow greater flexibility in pricing Rupee bulk deposits while maintaining transparency in interest rate disclosures. Stakeholders have been invited to ...

IBBI has notified standardized formats for key CIRP activities, including claims, public announcements, withdrawals, and ...

The new Income-tax Act, 2025 replaces the old survey framework with a streamlined regime under Section 253. It expands ...

The proposed ordinance exempts FIIs from tax on interest income and capital gains from Government Securities. The measure aims to increase foreign participation in India's sovereign debt market and ...

The article explains that stamp duty on securities is calculated based on consideration under the amended Indian Stamp Act. Since gifts involve no consideration, transfer of shares by way of gift ...

ITAT Delhi held that reassessment under Sections 147/148 cannot be based on the same material already examined during a completed Section 153C assessment. The ruling emphasizes that fresh tangible ...