KNOWLEDGE HUB
ICAI NIRC Member Removal Set Aside Due to Invalid Short-Notice Meeting Procedure
Delhi High Court Sets Aside Removal of NIRC Member Over Procedural Irregularities in Short-Notice Meeting Gaurav Aggrawal v. Institute of Chartered Accountants of India & Ors. Delhi High Court | Case Commentary & Legal Analysis Jurisdiction: Delhi High Court...
Compliance Calendar May 2026
India · May 2026 · Definitive Edition GST · Direct Tax · Labour Laws · FEMA · SEBI · Corporate Important: Dates falling on Sundays or gazetted bank holidays shift to the next working day. GST late fees are subject to CBIC notifications and amnesty schemes....
TAXATION OF PROPERTY TRANSACTIONS Capital Gains Exemptions Under Sections 54 & 54F of the Income Tax Act, 1961
I. Introduction The sale of immovable property—particularly residential property—represents one of the most significant financial transactions in a taxpayer's life. In India, such transactions attract capital gains tax under the Income Tax Act, 1961 ('the Act')....
ITR Forms for AY 2026–27 Notified: New Disclosures That May Surprise Salaried Taxpayers
Update · AY 2026–27 April 1, 2026 Income Tax · CBDT Notification 6 min read The Central Board of Direct Taxes (CBDT) notified all seven ITR forms for Assessment Year 2026–27 on...
No TDS on Payments for Imported Business Information Reports: Supreme Court Backs Bombay HC
New Delhi | March 28, 2026 In a significant ruling that brings finality to a long-running tax dispute, the Supreme Court of India has reaffirmed that payments made for importing Business Information Reports (BIRs) from overseas entities do not attract Tax Deducted at...
CBDT Notifies PAN CR-01 and CR-02 Forms: A Streamlined Path to Error-Free Tax Identity Records
PAN CR-01 & CR-02 Forms to Simplify PAN Data Corrections New Delhi | April 2, 2026 The Central Board of Direct Taxes (CBDT) has taken a decisive step toward modernising. India's taxpayer registration infrastructure by introducing two new, dedicated forms for...
April 2026 Compliance Calendar: Key Due Dates Across India
Introduction: Navigating April 2026 Compliance This document outlines the critical compliance deadlines for April 2026 across major regulatory frameworks in India, including Goods and Services Tax (GST), Income Tax, Provident Fund (PF) and Employees' State Insurance...
Analyzing Volatility and Pacing in CrownTick Reflex Interactive Gameplay Structure
In the world of gaming, CrownTick Reflex has gained immense popularity for its unique interactive gameplay structure that keeps players on their toes. One of the key aspects that contribute to the success of this game is its volatility and pacing. In this article,...
RBI Hits Pause on New Stock Market Rules — July 1 is the New D-Day
Breaking: Regulatory Update Reserve Bank of India · Capital Markets The central bank delays its landmark capital market exposure framework by three months, giving banks and...
CBDT Notifies ITR Forms for AY 2026-27 (FY 2025-26)
Background & Key Context Income tax returns to be filed for the upcoming Assessment Year 2026-27 continue to be governed by the existing rules and return forms, with no immediate change for taxpayers. “For the upcoming assessment year, taxpayers will file their...