Introduction As the tax filing season is emerging. We Individuals may have incomes from country outside India also. It is important to know about Double Taxation Avoidance Agreement (DTAA) as […]
Double Taxation Avoidance Agreement Read More »
CBDT Circular 9/2025 provides significant relief to TDS/TCS defaults caused due to Inoperative PANs
Case Details Introduction The landmark case of Shanthi Prasad Jain v Kalinga Tubes Ltd (1965) stands as a foundational decision in Indian Corporate Law. Decided by the Supreme Court, it delved into
Shanthi Prasad Jain v Kalinga Tubes Ltd : Case Review Read More »
Introduction As globalization grows, many Indian companies engage in cross-border investments—either by receiving funds from foreign investors (FDI) or investing in overseas ventures (ODI). To monitor these transactions, the Reserve
The Union Budget 2025 introduced key amendments to the Income Tax Act, 1961, aimed at simplifying the Indian tax structure and boosting disposable income. These changes will come into effect
Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) are vital components of the Indian tax framework, designed to enable advance tax collection and improve compliance. Every year,
TDS and TCS Rates Chart for A.Y 2026-27 (F.Y 2025 – 26) Read More »
The Central Board of Direct Taxes has notified the Cost Inflation Index (CII) as “376” Financial Year 2025-26 on 1st July 2025 vide notification no. 70/2025. What is CII? Cost
Cost Inflation Index (CII) for F.Y 2025-26 notified Read More »
The ICAI CA Results 2025 for May cycle (Final, Intermediate, Foundation) are out! Check your results at icai.nic.in, explore toppers’ highlights, and get tips for your CA journey.
A complete guide on the TDS return filing process and everything incidental thereto.
TDS Return Filing in India: The Only Guide You’ll Ever Need Read More »
Introduction Accounting Standards (AS) plays a vital role in ensuring comparability, consistency and transparency in preparation and presentation of Financial Statements. Accounting Standards applicable to companies have already been issues
Applicability of Accounting Standards to Non-Corporate Entities Read More »
