The Budget 2025 demonstrates the Indian government's strategic commitment to enhancing the education sector, emphasizing critical areas such as digital learning, skill development, and artificial intelligence (AI) integration.
Will AI replace CAs? The answer is nuanced, requiring us to delve into the multifaceted responsibilities of CAs and the capabilities of AI.
This article shall let you know about the impact of Section 194F of Income Tax on your Income Tax Return.
While Section 203 is the primary operational provision, the definition in Section 2(51) serves solely to define the meaning of the expression of Key Managerial Personnel (KMP).
In a landmark decision announced on 7th November 2024, the MSMEs has issued a notification mandating specific categories of businesses to register on the Trade Receivables Discounting System (TReDS) platform.
This article delineates the applicability, compliance obligations, penalties, best practices, and requisite formats to assist Private Limited Companies in maintaining compliance.
This budget has brought significant simplification in the tax treatment of house properties, particularly for self-occupied properties. Earlier, if you owned more than one house, certain restrictions were applied regarding how they were taxed, which often resulted in unnecessary tax liability.
Budget, 2025 proposed extending the validity of trust and institution registrations as per section 12AB from 5 years to 10 years. However, doubts are arising regarding its applicability across different categories of trusts and institutions.
The ITR (Income Tax Return), which is a statutory document, is required to be considered for the purpose of assessing the income of the deceased, which is inclusive of perquisites and allowances, in the light of judgment rendered by Hon'ble Apex Court in the case of Meenakshi v. Oriental Insurance Co. Ltd.
Due Date Calendar for the m/o February 2025
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
IDT LIVE Exam Oriented Batch | May 2026, Sept 2026 & Jan 2027
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