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True and Full Disclosure: A Fetter on the power of the AO to reopen

  mahendra gargieya    03 June 2020 at 10:34

True and Full Disclosure: A Fetter on the power of the AO to reopen



Amendment in provisions of independent director

  CS Divesh Goyal    21 August 2021 at 09:53

MCA has issued The Companies (Appointment and Qualification of Directors) Amendment Rules, 2021 on 19th August 2021 which will come into effect from 20th August 2021.



Navigating NRI Ownership of Agricultural Land in India

  CA Arun Tiwari    30 December 2023 at 08:55

Navigating the intricate rules surrounding the acquisition and ownership of agricultural land in their home country can be challenging for Non-Resident Indians (NRIs) in today's fast-changing world. Many NRIs, after earning abroad, choose to invest their money back in their home country.



Income Tax Amendments in Budget 2026: Topic-wise Summary of Key Proposals

  CA Varun Guptapro badge    02 February 2026 at 09:06

Topic-wise summary of key Direct Tax proposals in Union Budget 2026, covering Income-tax Act 2025, compliance simplification, TDS/TCS changes, penalties, capital markets, and global tax reforms.



Overview of Limited Liability Partnership

  Taxblock    26 November 2021 at 09:34

OVERVIEW OF LIMITED LIABILITY PARTNERSHIPDEFINITION:LLP is a corporate business vehicle that enables professional expertise and entrepreneurial initiative to co..



Economics of Foodgrains

  CA Ranganatha Achar K    19 April 2022 at 13:05

"We already have enough food for our people but our farmers seem to have made arrangements to feed the world. However, we have to work according to the laws of the world, so I don't know when WTO will give permission and we can supply food to the world."



National MSME Bills Payment (Factoring) Portal (NMBPP)

  N.Srinivasan    01 July 2021 at 08:50

The major problem that affects MSME is the collection of Invoice made for Service or Supply or Service & Supply. Let us discuss the role of the National MSME Bills Payment (Factoring) Portal in this regard.



Penalty for delay in filing of Form MSME-1

  CS Divesh Goyal    06 May 2024 at 09:55

As a statutory auditor, it is necessary to include a report in the financial statement regarding the delay in payment to MSME vendors, as well as the provisions of the loan.



SEBI operational framework for transactions in defaulted debt securities post maturity

  CS Lalit Rajput    23 June 2020 at 17:16

SEBI has came out with Operational framework for transactions in defaulted debt securities post maturity date/ redemption date under provisions of SEBI (Issue and Listing of Debt Securities) Regulations, 2008



Budget 2024: The New Section 74A - An Analysis

  CA Sudhir Halakhandi    30 July 2024 at 08:39

In the financial year 2024-25, Section 74A will replace both Sections 73 and 74, consolidating the calculation of tax and penalty under a single section for both the fraud and non-fraud cases




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