The introduction of the Income Tax Code 2025 marks a significant overhaul of India’s taxation framework, consolidating and ...

Discover the new tax exemption for IFSC-issued life insurance policies under Section 10(10D). Learn who benefits, key changes ...

Imagine being denied a refund for taxes you overpaid, simply because you missed an arbitrary deadline. Sounds unfair, right? The Delhi High Court agrees. In a landmark judgment, the Delhi High Court ...

Authorized Economic Operator Certification, established under the World Customs Organization (WCO) SAFE Framework of Standards, is a globally recognized accreditation granted to businesses involved in ...

Planning to leave India? Secure an ITCC to ensure tax compliance and avoid legal issues. Learn the steps to obtain one seamlessly.

In a recent adjudication, the Ministry of Corporate Affairs (MCA) imposed penalties on a private limited company and its directors for failing to file financial statements for five consecutive years, ...

On December 23, 2024, the Delhi High Court passed a significant order in Anant Vir Jain vs. Principal Chief Commissioner of Income Tax, highlighting conflicts between FAQ No. 30 of Circular No.

The Direct Tax Vivad Se Vishwas Scheme, 2024 (DTVSV Scheme, 2024), introduced through the Finance (No. 2) Act, 2024, aims to provide a simplified resolution mechanism for pending income tax disputes.

With the introduction of the Finance Act (No. 2), 2024, the government has imposed strict deadlines for correcting past TDS/TCS statements, significantly impacting taxpayers and businesses. TDS and ...