This article outlines the guidelines and requirements for effective communication between Statutory Auditors and Those Charged with Governance (TCWG), including […]
The Central Board of Direct Taxes (“CBDT”), vide Circular No. 16/2024 dated 18 November 2024, has issued revised guidelines for
Missed Deadline for filing of Income Tax Audit Report for Trust? Read Post »
Form No. 10BD is a critical compliance requirement under the Income-tax Act, 1961. It serves as a statement of particulars
Understanding Form No. 10BD: A Guide for Reporting Donations Read Post »
· Employee Stock option plan or Employee Stock Ownership Plan (ESOP) is an employee benefit scheme that enables employees to
Summary on Employee Stock Option Plan Read Post »
Old ITA 1961 vs New ITA 2025 Sections · New 2025 Payment Codes · Threshold Limits General Notes TDS DETAILS
TDS Rate Chart 2026–27 Read Post »
SEZ Online has recently came up with its March, 2026 release, bringing new functionalities / features in reporting of exports
Service Export Reporting Format (SERF) Format enhancement – Regulatory Update Read Post »
To assist taxpayers with accurate self-assessment, the GST portal features an auto-calculator for interest due to delayed filing of GSTR-3B.
Don’t Overpay Interest: How to Re-Compute Your GSTR-3B Liabilities Correctly Read Post »
In a significant ruling for former employees of sick public sector undertakings, the Jaipur Bench of the Income Tax Appellate
ITAT Jaipur Rules Retrenchment Compensation from Sick CPSU Exempt Under Section 10(10B) Read Post »
M/s. Sudha Metal International v/s The State of Maharashtra This judgment was delivered by the Fourth Bench of the Maharashtra
Tribunal Condones 1394-Day Delay with ₹60,000 Penalty Read Post »
Effective April 1, 2026, the Income-tax Act, 2025 (ITA 2025) replaces the Income-tax Act, 1961 (ITA 1961), marking a transition
FAQ Guide to the Transition: The IT Act, 1961 to The Income-Tax Act, 2025 Read Post »
In a significant ruling that prioritizes fairness over procedural hurdles, the Mumbai Income Tax Appellate Tribunal (ITAT) has condoned a
ITAT Grants Relief to Vishnu Bapuji Trust Over Digital Deadlock 🔥 Read Post »
The Shree Tardeo Jain Swetamber Murti Pujak Sangh, a registered charitable trust, recently won a significant legal battle regarding its
ITAT – Mumbai Protects Temple Funds from Technical Denials Read Post »
