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News, Blog, Account & Audit

April 30, 2025

Broker Commission Rebate to Reduce PPE Cost—Not Recorded as Income | Ind AS

Under accounting rules for property, … Continue reading “Broker Commission Rebate to Reduce PPE Cost—Not Recorded as Income | Ind AS”

Blog, News, FEMA & Banking

April 30, 2025

RBI Mandates Online Submission of Applications via PRAVAAH Portal From May 1 2025

Circular No. RBI/2025-26/34 DIT.CO.No.S-106/07.71.039/2025-26, Dated: … Continue reading “RBI Mandates Online Submission of Applications via PRAVAAH Portal From May 1 2025”

News, Blog, Income Tax

April 30, 2025

Payment to Clear Title Valid as Cost of Acquisition Under Section 48 | HC

Case Details: Smt. A. Rita … Continue reading “Payment to Clear Title Valid as Cost of Acquisition Under Section 48 | HC”

Blog, News, GST & Customs

April 30, 2025

Electricity Charges Reimbursed by Sub-Lessee Not Taxable as Lessee Acts as Pure Agent | AAR

Case Details: Mega Flex Plastics … Continue reading “Electricity Charges Reimbursed by Sub-Lessee Not Taxable as Lessee Acts as Pure Agent | AAR”

Blog, News, GST & Customs

April 30, 2025

[Global IDT Insights] Canada Removes GST on Homes Under $1M for First-Time Buyers

Editorial Team – [2025] 173 taxmann.com … Continue reading “[Global IDT Insights] Canada Removes GST on Homes Under $1M for First-Time Buyers”

Blog, News, Income Tax

April 30, 2025

[Opinion] Interplay Between Sections 148A(b) and 148A(d)

D.C. Agrawal & Ajay Kumar … Continue reading “[Opinion] Interplay Between Sections 148A(b) and 148A(d)”

Blog, News, Company Law

April 30, 2025

SEBI Reduces Margin Collection Timeline to Settlement Day for TMs/CMs

Circular No. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/57; Dated: 28.04.2025 … Continue reading “SEBI Reduces Margin Collection Timeline to Settlement Day for TMs/CMs”

Blog, News, FEMA & Banking

April 30, 2025

RBI Directs 75% ATMs to Dispense Rs. 100/200 Notes by September 2025

Circular No. RBI/2025-26/33 DCM.RMMT.No.S312/20-02-001/2025-2026, Dated: … Continue reading “RBI Directs 75% ATMs to Dispense Rs. 100/200 Notes by September 2025”

Blog, News, Income Tax

April 29, 2025

HC Rules Cash Payments to Milk Companies Not Exempt Under Rule 6DD

Case Details: Arasappan Madhivanan vs. … Continue reading “HC Rules Cash Payments to Milk Companies Not Exempt Under Rule 6DD”

Blog, News, Account & Audit

April 29, 2025

[Opinion] Accounting for Investment in CCDs/OCDs of Subsidiaries | Associates | JVs Under Ind AS

Anand Agrawal – [2025] 173 taxmann.com … Continue reading “[Opinion] Accounting for Investment in CCDs/OCDs of Subsidiaries | Associates | JVs Under Ind AS”