ITAT Raipur held that addition of commission @1% on bogus sales transacted upheld as no plausible explanation provided by the ...

RBI reports 7.2% sales growth for FY25 in private firms, with higher input costs and moderate profit margins across ...

1. Short title and commencement. – (1) These rules may be called the Companies (Restriction on number of layers) Amendment ...

Interest rates for Small Savings Schemes remain unchanged for July–Sept 2025 quarter, as per SB Order No. 09/2025 from the ...

Explore the ICAI President's July 2025 message on trust, India's growing economic influence, and CA initiatives for MSMEs, ...

SARs reward employees based on share value growth without giving equity. Learn how SARs work, their tax impact, and why companies prefer them over ...

Understand mandatory CSR under India's Companies Act, 2013, and its tax treatment. Learn about disallowances, Section 80G deductions, and GST implications for CSR ...

Tax deductions for interest paid on loans play a significant role in personal tax planning, offering relief by reducing ...

CESTAT Chennai held that royalty payment not connected with the condition of sale is not includible in the assessable value. Hence, invocation of rule 10(1)(c) of the Customs Valuation Rules, 2007 not ...

Understand intermediary services under GST in India, including their definition, tax implications, and the challenges in cross-border transactions. Learn from advance rulings and CBIC ...

Calcutta High Court rules on ITC reversal, stressing strict adherence to Rules 42 & 43. Tax authorities must follow procedure; taxpayers get a chance for ...

NCLAT Delhi held that restoration application rightly dismissed as personal guarantor was trying to abuse the process of law by misusing the moratorium available to him under section 96 of the ...