MCA has issued and published the Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2020 further to amend the Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016.
Budget 2026 proposes reducing the upfront payment for stay of income-tax demand from 20% to 10% of core tax demand. Learn the legal position, practical implications, and how taxpayers can seek relief during pending appeals.
A separate income tax legislation is needed for corporates and individuals
The discharge of a contract is characterised as the end of an agreement or an arrangement made by a couple of parties, which results in the failure in performing or playing out the obligations referenced at the hour of making a contract with the acknowledgment of all the parties with free consent.
Section 43B(a), deduction is allowed on "any sum payable by the assessee by way of tax, duty, cess or fee." The scheme of s. 43B is to allow deduction when the sum is actually paid.
The Rajasthan Budget 2024, presented by Diya Kumari, marks the Bhajan Lal government's first budget in 22 years. It unveils several significant announcements impacting various sectors, aiming to improve the lives of citizens and bolster the state's economy.
For boosting startups of country, The Startup India initiative has been taken by Government of India to build robust Start-up ecosystem in the country for nurturing innovation and providing opportunities to entrepreneurs on 16th January, 2016.
This article unravels the case's legal complexities and probable customs repercussions.
The Income Tax Department's new Rule 237 mandates reporting of stamp paper purchases above Rs 1 lakh, enabling early tracking of property transactions. Learn thresholds, reporting details and key compliance changes.
The Supreme Court has ruled that the income tax (I-T) department cannot reopen completed assessments under Section 153A of the I-T Act, unless "incriminating material" is found during search and seizure operations.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English