Governance Concerns related to the remuneration of the non-executive directors: The governance concerns raised by proxy advisors regarding Non-Executive Director (NED) remuneration highlight the need ...

Rule 102 of the CGST Rules, 2017: This rule outlines the procedural aspects of a special audit, which includes the issuance of Form GST ADT-03 to direct the audit and Form GST ADT-04 to inform the ...

My observations summarising the innovations at supervisory and regulatory levels. Our discussion need not necessarily follow the order of the discussion followed by the governor of the federal reserve ...

It is most significant to note that while leading from the front, the Allahabad High Court in a most learned, laudable, ...

ITAT Mumbai held that cultivation and sale of white button mushroom is an agricultural activity and hence activity resulting in the agriculture income is exempted under section 10 (1) of the Income ...

Over the last decade, PE has emerged as the leading force in M&A, mainly within the middle market range. Whereas early on, the PE firm’s focus was large-cap deals and big-ticket buyouts, the middle ...

The Foreign Trade Policy (FTP) 2023 has a stated objective to enable cross-border E- Commerce for artisans, weavers, craftsmen and MSMEs, in coordination with stakeholder Departments. High potential ...

On an average, NBFCs offer 1-2% higher interest rates than banks. While top nationalised banks typically offer 5-6% per annum, and private banks go up to 6-6.50% per annum, some NBFCs like Bajaj ...

ITAT Visakhapatnam held that the cooperative society is eligible for deduction U/s. 80P (2) (a) (i) of the Income Tax Act on the interest income received from investment in banks. Thus, appeal allowed ...

ITAT Ahmedabad held that invocation of revisionary jurisdiction under section 263 of the Income Tax Act by the Principal CIT erred since AO has taken legally plausible view. Accordingly, order set ...

Introduction: The Budget, 2024 has introduced significant changes to individual income tax slabs, making the new tax regime more appealing. While the new regime offers fewer deductions and exemptions, ...

In Anil Kumar Mehta vs Income Tax Officer (ITO), the Bombay High Court addressed procedural issues surrounding notices under Section 148 of the Income Tax Act, 1961. The petitioner challenged an order ...