The Tribunal held that rejecting an application solely for delayed filing was improper and directed a denovo review under Section 80G. The is that delayed applications may still be examined on ...
The 2025 Act introduces compulsory tax audit for businesses declaring profits below 6% or 8% of turnover. The shift eliminates the earlier opt-out condition, expanding audit applicability from ...
The Income Tax department has warned taxpayers who have not disclosed their foreign income and overseas assets to revise ...
The Madras High Court has held that payment for IPLC (International Private Leased Circuits) Services does not constitute ...
Revised returns serve as a safety net for correcting inaccuracies in original or belated returns, such as omitted income, ...
Industry body PHD Chamber of Commerce and Industry (PHDCCI) presented a set of pre-budget suggestions for the micro, small and medium enterprises (MSME) sector to the Finance Minister Nirmala ...
In contrast, term insurance can offer you a perfect counterbalance. Term insurance carries no market risk. Its payout is fixed and guaranteed as long as you follow the policy terms. No matter what ...
The deadline to switch from National Pension System to Unified Pension Scheme has passed. Subscribers can no longer move ...
On November 20, 2025, Mr. Shah received a favourable ruling from the Income Tax Appellate Tribunal (ITAT) Surat which deleted ...
The judgment delivered by the Madras High Court in Rhutikumari v. Zanmai Labs Pvt. Ltd. & Ors. is a decisive step in India's ...
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