Delhi High Court held that Rule 16 of the Drawback Rules does not prescribe any limitation especially when there are strong ...

Free zone license = full exemption from corporate tax. Fact: All free zone entities are subject to corporate tax unless they qualify for 0% as a “qualified free zone person” meeting 6 specific ...

Not very long back, the Bangladeshi garment manufacturing industry gained significant global traction due to several cost advantages and India, despite being a competitor, also played a supporting ...

The High Court condoned the delay in all the appeals & remanded the matters back to the ITAT for fresh hearing on merits. This judgment underscores the importance of a pragmatic and equitable approach ...

After user registration with Issuer Portal, any corporate action can be initiated. In short, this can be summarized in following steps: 2. Tick YES /No (whether any security of the company is already ...

In economic dialogues, we are often drawn to the grand themes—GDP, inflation, interest rates, exports, and capital markets. These are familiar markers that help economists measure performance and ...

3. In the aforesaid judgment, the Division Bench of this Court after referring to the decision of the Delhi High Court in Dollar Gulati V. Principal Commissioner of Income-tax (471 ITR 96), which has ...

As per provisions of Companies (Amendment) Act, 2019, and on the ground that in case Company has not received the subscription money from subscribers within 180 days from incorporation Company can go ...

2. Aadhaar based e-kyc process has been introduced pan India in all departmental post offices w.e.f. 06.01.2025 for ...

Such an intervention by the legislature, raises a very critical question in the minds of taxpayers: Whether the legislature has the authority to reverse judicial decisions, and if yes, to what extent ...

Let’s explore the key amendments that taxpayers should be aware of before finalizing and filing their income tax return: 1. Type of Taxpayers: Individual who is Resident (other than Not Ordinarily ...

Actively follow up with vendors whose invoices are accounted and paid but do not reflect in GSTR-2B. Such missing credits cannot be claimed unless appearing in GSTR 2B; hence vendor compliance must be ...