The cess on petroleum products paid by a manufacturing company to the transporter of input goods becomes part of the cost of sales, as it cannot be claimed as Input Tax Credit (ITC).
New income tax slab has been introduced in the Budget 2025 with a simplified new tax regime, offering zero tax liability up to Rs.12 lakh.
This article will help you know the importance of the OPC Annual Return and its benefits for the same.
Filing your Income Tax Return (ITR) correctly and on time is essential for avoiding penalties, claiming deductions, and maintaining financial credibility.
ITR Filing for Deceased Person, it is a legal responsibility which goes to the legal heir or representative.
This article delves into the factual matrix of the case, its legal implications, and the applicability of its principles under the Companies Act, 2013.
This article outlines the key provisions governing related party transactions as per SEBI LODR, 2015 focusing on the regulatory framework, approval processes and disclosure requirements.
Income shall be chargeable to income-tax under the head salaries
Angel Tax are levied on startups in India when they receive funding from an investor. Know the implications for startups and investors
CBDT's Notification No. 30/2025 brings robust procedural clarity to the process of block assessment under search and seizure cases. By introducing Form ITR-B and mandatory digital filing, it enforces transparency and compliance.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English