Popular Articles
How to Remove Disqualification of Director?
As per the Companies Act, 2013, once a director is disqualified u/s 164(2) the director so disqualified shall continue to be disqualified for a period of 5 years.
Income Tax India's AIS Upgrade: A Closer Look at New Functionalities
The Income Tax Department has now upgraded the AIS functionality, allowing taxpayers to track the confirmation status of information reported by sources like banks. This new feature aims to increase transparency by displaying if the source has accepted or rejected feedback on incorrect data in the AIS.
How to check the authenticity of a notice from Income Tax Department?
If you have received any Income Tax notice, please make sure it carries a document number as now every notice/document/communication issued by the Income Tax Department shall carry a document number. To avoid any miscommunications, it is better to check for its integrity.
Schedule FA: Foreign Asset Disclosure in ITR: What Taxpayers Must Know Now
Income Tax Department issues notices for non-disclosure of foreign assets. Understand Schedule FA, who must revise ITR and the 31 Dec 2025 deadline.
GST and Income Tax Resolutions for Taxpayers in 2026
As 2026 begins, taxpayers must strengthen GST and Income Tax compliance. Through a dialogue between Arjuna and Krishna, this article outlines practical New Year resolutions to avoid errors, penalties and ensure smooth tax compliance.
Q&A Series: Directorship in Companies
Ajay Oza was a director in several companies and was barred from being appointed or reappointed as a director for a term of five years under Section 164(2)(a) due to a failure by one of the firms to file annual returns and financial statements for the financial year 2015-17
Decoding provisions of Filing of FC-GPR vide FEMA Guidelines
As we all know India is the 5th Largest Economy in the world and to increase its GDP. Foreign investments play a pivotal role in the economic growth and development of any country.
Major Tax Changes from 1st April: Lower Taxes, Higher Exemptions & Big Benefits for Salaried, Businesses & Seniors
The Indian government has introduced several tax changes in Budget 2025 to simplify tax filing, reduce compliance burdens, and provide benefits to different income groups
Signing of Board's report and financial statement - Companies Act and SEBI (LODR)
Section 134(1) of Companies Act, 2013 (‘the Act’) provide for signing of board’s report. It read as follows:“(1) The financial statement
GST Relief to Hotels and Restaurants: Analysis of 55th GST Council's decision
To omit the definition of declared tariff and suitably amend the definition of specified premises (from the services rate and exemption notifications) to link it with actual value of supply of any unit
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