Newsletter
Signup our newsletter to get update information, insight or news
Industry News Updates
Get all the latest news and top breaking news live related to Business & Income Tax … Read latest Business news, IT Notifications and news headlines online today.
Client Centric Approach
Backed By Experience
Team Work
HC Sets Aside Interim Wage Order Passed Without Hearing Management
Case Details: Management of Mahindra Aerostructures (P.) Ltd. vs. Principal Secretary/Deputy Special Officer - [2025] 178 taxmann.com 540 (HC-Karnataka) Judiciary and Counsel Details Anant Ramanath Hegde, J. Prashanth B.K., Adv. for the Petitioner. M. Rajkumar, AGA & Smt. Avani Chokshi, Adv. for the Respondent. Facts of the Case In the instant case, the petitioner/management challenged the […]
Tax Exemption Notification under Section 10(46) of the Income-tax Act – Central Board of Secondary Education (CBSE)
Publish Date : Tuesday, September 2, 2025 source
Law of Offer in Contract Formation – Meaning and Essentials
The Law of Offer in Contract Formation forms the foundation of every valid agreement under the Indian Contract Act, 1872. It defines how a proposal, when accepted, becomes a promise—creating enforceable legal obligations between parties. This principle outlines the essentials of a valid offer, its communication, types such as general, specific, cross, and counter offers, […]
Central Government Notification under Section 10(46) of the Income-tax Act – Specified Income Exemption for Rabindra Setu Commissioners
Publish Date : Tuesday, September 2, 2025 source
Income-tax Exemption Notification under Section 10(46) of the Income-tax Act – Maharashtra State Pharmacy Council
Publish Date : Tuesday, September 2, 2025 source
HC Upholds Dismissal of Employee Found Guilty of Theft
Case Details: Baroda District Co-Operative Milk Producers Union Ltd. vs. Rameshbhai Shankarbhai Prajapati -[2025] 178 taxmann.com 533 (HC-Gujarat) Judiciary and Counsel Details Mrs M.K. Thakker, J. Manish Bhatt, Sr. Adv., Munjaal M. Bhatt & Ms Shailee Joshi for the Petitioner. I.G. Joshi for the Respondent. Facts of the Case In the instant case, the Respondent was working in […]
Surrendered Income Taxable as Business Income at Normal Rates | ITAT
Case Details: Hiralal Vijawat v. ACIT/DCIT - [2025] 178 taxmann.com 640 (Jaipur - Trib.) Judiciary and Counsel Details Dr. S. Seethalakshmi, Judicial Member Rathod Kamlesh Jayantbhai, Accountant Member Facts of the Case The assessee was engaged in the wholesale and retail sale of cloth, sarees, etc. A survey action was conducted under Section 133A in […]
NFRA Issues Guidance on Impairment of Non-Financial Assets Under Ind AS 36
1. Introduction The National Financial Reporting Authority (NFRA) has commenced the series of “Auditor-Audit Committee Interactions” to suggest measures for improvement in overall audit quality and to promote awareness and significance of accounting and auditing standards. In the interaction series 4, NFRA has drawn the attention of auditors to the potential questions the Audit Committees/Board […]
CBIC Launches System-Based Auto-Approval for IFSC Code Registration
Press Release, Dated 07-10-2025 1. Introduction The Central Board of Indirect Taxes and Customs (CBIC) has announced the introduction of a system-based auto-approval mechanism for IFSC code registration, marking a major step toward enhancing the Ease of Doing Business and improving trade facilitation. This automation initiative aims to streamline Customs procedures, minimize manual intervention, and […]
Let a Dedicated Tax Expert Do Your Taxes For You.
Get A Consultation
We Provide High-Quality Accounting & Tax Service. Our Businesses are evolving, in the economic realm by providing the best auditing, tax, and assurance services available.