The provisions to reopen the assessment contained in the Act have undergone a huge change. As per this newly introduced provision, before issuing a notice…

International Accounting Standards Board (IASB) has announced amendments to International Financial Reporting Standards (IFRS) which are applicable for reporting periods beginning on or after 1…

Section 40(a)(ii) of the Income Tax Act, 1961 (‘Act’) provides for disallowance of any rate or tax levied on profits or gains of any business…

India has a multi layered dispute resolution mechanism. Over the years, tax appeals pending for disposal are ever...

Tax withholding/collection has always been an area of contention between the taxpayers and the tax deductors/collectors.

Pursuant to the launch of E-Filing Portal 2.0, technical glitches have been faced by the taxpayers.

The ethos of philanthropy in India is age-old, spanning thousands of years, and the act of 'giving' is integral to this culture. ...

With the enactment of the Insolvency and Bankruptcy Code, 2016 (IBC), insolvency professionals viz: resolution professional, an interim resolution professional...