The timely appointment and regularization of directors in a company are crucial to ensure proper corporate governance and compliance with statutory requirements. The case involving […]
Understanding Indirect Transfers: A Complex Legal Concept
India’s journey with taxing indirect transfers has been complex and marked by significant challenges, evolving alongside the growth of cross-border investments and globalization. Before specific […]
Navigating the Challenges of Section 194IB: Tenant Perspectives on TDS Compliance
Tax Deducted at Source (TDS) is an important tax collection mechanism designed to reduce the scope for tax evasion by ensuring that taxes are collected […]
Decoding RBI’s Guidelines on Compromise Settlements and Loan Write-offs
On June 8, 2023, the Reserve Bank of India (RBI) introduced a significant regulatory framework governing compromise settlements and technical write-offs. This move addressed a […]
Understanding the CCI Process for Anti-Competitive Agreements and Abuse of Dominance
The Competition Commission of India (CCI) is the statutory regulatory authority entrusted with the critical role of enforcing the Competition Act, 2002. The primary objective […]
Tax Audit Explained: Detailed Insights into Clauses 26 through 29
Clause 26 deals with specific liabilities referred to in various sub-clauses of section 43B of the Income Tax Act. These liabilities include sums that the […]
Understanding the Safe Harbour Rule: An In-Depth Opinion
The concept of Safe Harbour in tax law serves as a practical mechanism to provide certainty and reduce the compliance burden for taxpayers engaged in […]
Unlock Your Financial Career with SEBI-Recognized NISM Certifications
The National Institute of Securities Markets (NISM) was established in 2006 as a public trust by the Securities and Exchange Board of India (SEBI), with […]
Section 194C Explained: TDS on Contractor and Subcontractor Payments
Section 194C of the Income Tax Act is a crucial provision designed to regulate the deduction of tax at source (TDS) on payments made to […]
Designing a Database Management System with MS Access 2010
MS Access 2010 is a database management system application package designed to implement databases efficiently. A database is essentially a collection of related information, and […]
Decoding the CCI Combinations Regulations 2024: Key Amendments and Their Implications
A combination refers to mergers, acquisitions, and amalgamations between enterprises that have the potential to significantly influence market competition. To ensure these combinations do not […]
Surcharge Rates for FY 2023-24: Individuals, HUFs, Companies, and Other Taxpayers
In the financial year 2023-24, surcharge rates applicable to individuals, Hindu Undivided Families (HUF), Associations of Persons (AOP), Bodies of Individuals (BOI), and Artificial Juridical […]
Understanding Financial and Capital Structure in Business Management
A company’s financing decision, often referred to as the capital structure decision, involves determining the sources from which long-term finance will be raised and the […]
Finance Act 2023: Key Changes and Supreme Court Rulings on Charitable and Religious Trusts
The amended registration scheme under the Finance Act 2023 has made a significant distinction between trusts or institutions that have commenced their activities and those […]
ITC Eligibility for Canteen Services Provided Under the Factories Act
The Factories Act, 1948,, is one of the key legislations governing industrial establishments in India. Among its various provisions aimed at ensuring the welfare, safety, […]