A guide to accounting for R&D in India under Indian GAAP and Ind AS 38. Learn the difference between research and development ...

SEBI's consultation paper proposes to relax rules for Minimum Public Offer and public shareholding timelines for large companies to facilitate easier ...

Learn about third-party car insurance, a mandatory legal requirement in India. Understand its coverage, legal provisions, and ...

The Insolvency and Bankruptcy Board of India (IBBI) dismisses an RTI appeal, stating the request for internal records is an abuse of the RTI ...

IBBI dismissed multiple RTI appeals challenging denial of a show cause notice copy. IBBI clarified no such notice existed and cited Supreme Court’s view that RTI should not be used for frivolous ...

ITAT Rajkot allows an appeal despite manual filing and delay, prioritizing a fair hearing over procedural errors and remanding the case for ...

The ITAT in Vir Savarkar Swimmers Club vs. ITO case ruled that even without a tax exemption, only a society's net income is taxable, not its gross ...

A step-by-step guide to year-end financial finalization, from closing books and reconciling ledgers to preparing statements and filing with the ...

The ITAT ruled that a trust’s tax exemption application cannot be rejected for selecting the wrong clause. The case was remanded for a decision on ...

The ITAT in Ganesh Agro Steel Industries vs ACIT ruled that an appeal cannot be dismissed for non-prosecution without a speaking order on its ...

ITAT Pune rules that a CIT(A) cannot remand assessments under Section 147. This power to set aside and remand is restricted only to Section 144 ...

New CIIRP aims to reform India's insolvency laws. Learn about proposed process, its goals, and the challenges it faces within India’s current legal ...