A guide to accounting for R&D in India under Indian GAAP and Ind AS 38. Learn the difference between research and development ...

Learn about third-party car insurance, a mandatory legal requirement in India. Understand its coverage, legal provisions, and ...

Learn about RBI guidelines on fixed deposit maturity dates that fall on a holiday. Discover why banks should pay interest for the holiday and what to do if they ...

New CIIRP aims to reform India's insolvency laws. Learn about proposed process, its goals, and the challenges it faces within India’s current legal ...

Over 140 executives at Eternal, parent of Zomato & Blinkit, exercised ESOPs worth ₹419 crore in two days. ITAT explains how employee stock options fuel wealth creation, align incentives, and shape ...

Understand what "Income from Other Sources" is and how it's taxed. Learn about common income types, deductions, and why reporting is essential for tax ...

Explore how the Supreme Court resolves the 'One Taxpayer, One Jurisdiction SC Decodes GST's Cross-Empowerment Puzzle' ...

Learn about the new GST exemption for PG and hostel accommodations. This guide covers the key rules, including the Rs. 20,000 monthly rent cap and 90-day minimum ...

An ITAT Pune order protects a charitable trust from being taxed on its gross receipts due to income tax return filing errors. Learn how Section 12AA registration and genuine expenses can shield ...

Understand how to save capital gains tax on Joint Development Agreements (JDAs) using Sections 54 and 54F. Learn key differences and tax implications for ...

A guide for foreign companies on setting up a business in India. This summary covers choosing a business structure, key registrations, and compliance with RBI and FEMA ...

The ITAT has set aside a tax order, directing the CIT(A) to properly adjudicate all legal grounds raised by a taxpayer instead of remanding the case without a ...