Popular Articles

Steady Your Inning in the Middle Overs (30-60 years)

CA Umesh Sharma 08 April 2024 at 12:26

It is said that Middle Overs are the most crucial overs in any game. How do you think the individuals shall steady their innings in the Middle Overs(30-60 years)?

Motor Vehicle ITC: The Most Common Compliance Error & How to Get It Right

Hrishikesh H 30 January 2026 at 10:10

Explore ITC on motor vehicles under GST with a detailed analysis of Section 17(5), AAR rulings, exceptions, employee transport and leasing scenarios.

Income Tax Section 148A: A Complete Guide for the General Public

Pranab Banerjee 03 September 2025 at 08:39

In this article, we will explore Income Tax Section 148A in detail. We'll break it down into simple terms, use real-life analogies, and ensure you fully understand your rights and responsibilities.

IBBI Mandates Unique ID for Valuation Reports Under IBC

CS Peer mehboob 13 August 2024 at 14:26

In a significant regulatory development, the Insolvency and Bankruptcy Board of India (IBBI) has introduced a new mandate that requires all valuation reports under the Insolvency and Bankruptcy Code (IBC), 2016, to include a unique Valuation Report Identification Number (VRIN).

Finance Bill 2026: Resetting The Return Calendar Under The Income Tax Act, 2025

Raj Jaggi 13 February 2026 at 06:46

Finance Bill 2026 proposes key amendments to Section 263 of the Income-tax Act, 2025, rationalising return filing due dates, extending the revised return timeline to 12 months, and clarifying updated return provisions to strengthen voluntary tax compliance from Tax Year 2026-27.

India's Paper Industry Faces GST Challenges: Traders Call for Simplified Tax Rate

Poojitha Raam Vinay 17 October 2025 at 16:49

India's paper industry struggles with multiple GST rates- 5%, 12%, and 18% causing confusion, higher compliance costs, and pricing challenges. Traders demand a uniform 12% rate to simplify taxation and boost trade efficiency.

Essential Documents Required for Society Registration in Different States

Ishita Ramani 03 October 2024 at 08:37

This article outlines the critical documents needed for registration in society throughout various states in India.

Bonus Act 1965: Why India Needs to Increase the Minimum Bonus to 10.5%

Suresh Kumar 07 October 2025 at 10:31

India's Bonus Act needs reform. With India's growth, it's time to raise the 8.33-20% bonus limit and restructure salaries to match global living standards.

The Importance of Annual Customer Balance Confirmations

Sachin 23 August 2024 at 08:44

In the realm of business and finance, maintaining accurate records and ensuring transparency with customers is crucial. One practice that plays a significant role in this is the annual customer balance confirmation.

Interpretation of the term 'As Is' or 'As Is, Where Is Basis' for regularizing the past period transactions

Affluence Advisory 21 October 2024 at 08:34

In the recent circulars issued pursuant to 53rd and 54th GST council meeting wherein CBIC based on the recommendation of GST Council has clarified upon applicability of tax rate/classification or exemptions available in case of specified goods or services.