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

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

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 ...

Over 140 executives at Eternal, parent of Zomato & Blinkit, exercised ESOPs worth ₹419 crore in two days. ITAT explains how employee stock options fuel wealth creation, align incentives, and shape ...

Understand what "Income from Other Sources" is and how it's taxed. Learn about common income types, deductions, and why reporting is essential for tax ...

The ITAT has set aside a tax order, directing the CIT(A) to properly adjudicate all legal grounds raised by a taxpayer instead of remanding the case without a ...

Explore how the Supreme Court resolves the 'One Taxpayer, One Jurisdiction SC Decodes GST's Cross-Empowerment Puzzle' ...

Learn about the new GST exemption for PG and hostel accommodations. This guide covers the key rules, including the Rs. 20,000 monthly rent cap and 90-day minimum ...

Understand how to save capital gains tax on Joint Development Agreements (JDAs) using Sections 54 and 54F. Learn key differences and tax implications for ...

While computing arm's length price (ALP), it is required both the tested party and the comparable should have similar financial year endings for proper analysis of the functions performed, assets ...

An ITAT Pune order protects a charitable trust from being taxed on its gross receipts due to income tax return filing errors. Learn how Section 12AA registration and genuine expenses can shield ...

An expert analysis of fixed asset accounting under AS 10 and Ind AS 16, comparing their principles, measurement models, and practical application for Indian ...