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

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

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

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 ...

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 ...

Learn about RBI guidelines on fixed deposit maturity dates that fall on a holiday. Discover why banks should pay interest for the holiday and what to do if they ...

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 ...

India's Equalisation Levy is phased out and replaced by the Significant Economic Presence (SEP) regime. This shifts the tax from a gross revenue basis to a net income ...

A guide for foreign companies on setting up a business in India. This summary covers choosing a business structure, key registrations, and compliance with RBI and FEMA ...