Pages
- About Us
- Careers
- Contact
- Disclaimer
- Home
- Our Advisory Team
- Privacy Policy
- Recent Updates
- Services
- Sitemap
- Terms and conditions
Posts by category
- Category: Blog
- TRACES – TDS Upgraded Version by ITD
- Income Tax Department has clarified that existing appeal forms (Form 35 and Form 36) will continue to apply for appeals relating to Assessment Year (AY) 2026-27 or earlier, even if filed after April 1, 2026. The transition is based on the Relevant Assessment Year (AY), not the date of filing
- ₹669 Crore Gift to Family Trust Taxed Because of One Sentence in the Trust Deed
- Non-Banking Financial Companies (NBFCs) granting fresh loans to borrowers who have already defaulted on earlier loans – RBI Concern
- Launch of Authorised Economic Operator (AEO) Programme : CBIC
- Apply LUT for FY 2026-27 before Export Sales
- Madras High Court ruled that teaching or promoting the Bhagavad Gita, Vedanta, and Yoga does not constitute “religious activity” under Indian law
- Foreign Trade has issued Trade Notice No. 28/2025-26 dated 20 February 2026 (FLOW)
- GSTN has enabled a new online facility for eligible taxpayers to apply for withdrawal from the option availed under Rule 14A of the CGST Rules by filing Form GST REG-32 on the GST Portal.
- Latest Rent Agreement 2025 Rules
- Appointment of Goods and Services Tax Appellate Tribunal (GSTAT) Members Delhi
- INCOME TAX RETURN FILING ITR -3 AY 2025-26 FY 2024-25
- ICAI GUIDELINES ON TAX AUDIT AND AUDIT LIMIT
- Relief to Category III Alternative Investment Funds (AIFs) by Delhi High Court
- Ten Year Zero Coupon Bond of Indian Railway Finance Corporation Ltd
- Blocking of filing of GST Returns after expiry of three years.
- Income Tax department has sent bulk emails to numerous taxpayers who either haven’t paid the correct income tax on their cryptocurrency dealings or have failed to report their cryptocurrency transactions in Schedule VDA (virtual digital assets) of the Income Tax Return (ITR).
- Finance minister directed income tax officers to accelerate the disposal of disputed tax demands, timely process tax refunds, and proactively resolve taxpayer grievances. She said that all departmental appeals falling below the revised monetary thresholds as notified in recent policy changes should be identified and withdrawn within a period of three months.
- A Short History of Charitable Work/ Philanthropy Work /NGOs / NPOs
- DGFT Notifies New SION A-3686 for Sodium Citrate
- SEBI Clarifies Share Gift Transfer Norms Under SAST & PIT
- No Penalty u/s 273B should be imposed for cash repayment of loan
- Analysis of Notifications and Circulars for Week ending 8th June 2025
- Category: Business Advisory
- Category: Corporate Support Services
- Category: GST
- J&K And Ladakh High Court has ruled that trade between J&K and PoK (Pakistan occupied Kashmir) is ‘Intra-State supply’ under GST Act, since PoK Is part of J&K Territory. Hence, CGST & SGST shall be applicable and not IGST
- Allahabad High Court has set aside an appellate order that dismissed an appeal solely on the ground of belated submission of a certified copy of the impugned order. The court, in the case of K.C. Timber Products versus Additional Commissioner, Grade-2 (Appeal), State Tax, Ghaziabad, emphasized that the requirement to file a certified copy of an order under Rule 108 of the GST Rules is procedural and not mandatory, especially when the appeal is duly filed electronically with the relevant records.
- Category: Outsourcing
- Category: Taxation
- Jammu and Kashmir High Court ruled that pension is protected from attachment only until they are paid out; once the funds hit a pensioner’s bank account, they can be recovered for guarantor liabilities. This judgement came about in a case involving a retired forest department officer who acted as a guarantor for Rs 15 lakh home loan taken by two borrowers. When the borrowers defaulted on the home loan repayment, the bank deducted Rs 4.64 lakh from his pension account. He had retired in 2018 and got Rs 35,350 monthly pension in the Rajouri, J&K branch of the bank. On October 9, 2019, two persons Smt Kumari and Mr Kumar had taken a home loan from this bank for Rs 15 lakh and he stood as guarantor for this loan. The loan was secured via a registered mortgage of leasehold rights of the land and the house constructed on this land.
- Delhi High Court has ruled that individuals forced to stay in India can’t be automatically treated as residents under the Black Money Act. This landmark decision came in the case of Rajiv Saxena, who was extradited to India in connection with the AgustaWestland scam and was asked to disclose his foreign assets after staying over 181 days.
- The assessee (HUF) claimed exemption u/s 10(38) on long-term capital gains of ₹19.41 lakh arising from sale of shares of Radford Global Ltd. The AO, relying on investigation reports alleging penny stock manipulation, rejected the exemption and treated entire sale proceeds of ₹19.97 lakh as unexplained cash credit u/s 68. CIT(A) upheld the addition
- ITAT Mumbai in the matter of Dilip Bhanverlal Dangi (HUF) Vs ITO deleted Penny Stock Long Term Capital Gain Addition U/s 68 and Documentary Evidence Accepted; Suspicion Cannot Replace Proof
- ITAT Mumbai Bench, has set aside a revisional order issued by the Principal Commissioner of Income Tax (PCIT) against A & J Associates for the Assessment Year 2015-16. The tribunal ruled that the Assessing Officer’s (AO) original assessment was not erroneous or prejudicial to the interests of the revenue, a prerequisite for invoking the revisional powers under Section 263 of the Income Tax Act, 1961.
- If the turnover crosses ₹5 crore mid-year (say, in Nov 2025) or any time in this year, e-invoicing does not become applicable immediately. It will only apply from the beginning of the next financial year, i.e., 01.04.2026
- Category: Transaction Advisory Services
- Category: UAE Services
- Category: Uncategorized
- Category: Update
- Jharkhand High Court has ruled that government contractors are entitled to reimbursement for Goods and Services Tax (GST) incurred on projects awarded prior to the GST regime’s implementation on July 1, 2017. This decision, delivered in the case of Ashoka Buildcon Limited vs. State of Jharkhand, aligns with previous pronouncements by the court, emphasizing principles of fairness and equality in state contractual dealings.
- The Ministry has planned a system migration. During this period, 13 specific e-forms (listed in the annexure) will not be available for filing from the period between June 18, 2025, and July 13, 2025 (both days are also included).
- Ministry of Corporate Affairs via a recent circular dated June 16, 2025, is informing about the upgrade in its online MCA21 portal from Version 2 (V2) to Version 3 (V3). This change has been implemented to ensure a smooth rollout of annual filings and related e-forms on the new system (V3)
- Bombay High Court dismissed income tax appeals filed by the Commissioner of Income Tax (CIT) against Agastmuni Construction Pvt. Ltd. The court noted that the tax effect in all appeals fell below the Rs. 1 crore threshold set by CBDT Circular No. 17 of 2019 dated August 8, 2019. Despite efforts, Revenue counsel received no instructions to withdraw. The court clarified that the Revenue could seek recall if any appeal was genuinely outside the circular’s scope.
Services
- Free Zone Company Incorporation
- UAE Corporate Tax
- Internal Audit
- Vendor due Diligence Services
- Joint Venture
- Mergers & Acquisitions
- Due Diligence
- Audit Outsourcing Services
- SOC & HITRUST Reporting
- Outsource Bookkeeping Services
- US Tax Return
- UK Corporate Tax Return
- DSC & DIN Services
- Virtual CFO Services
- Labour Law Compliance and POSH Act
- SOFTEX Compliance Services
- Dematerialization of Securities
- OIDAR Services
- Transition Support Services
- Family Office Services
- Outbound Expansion Support
- Employee Stock Benefit Advisory
- PE Risk Advisory
- Market Research & Pre-Business Setup Advisory
- Company Registration in India
- Employer of Record (EOR) Services
- Executive Search
- Manufacturing set-up in India
- Market Assessment
- Payroll Management
- Mergers & Acquisitions
- Due Diligence
- Business Valuation
- Payroll
- Accounting & Book Keeping Services
- Transfer Pricing
- International Tax Planning
- Goods and Services Tax
- Taxation of Expatriates
- Indirect Taxation
- Direct Tax
- Corporate Legal & Secretarial Advisory
- India Entry Strategies