In 2025, the Ministry of Corporate Affairs (MCA) introduced significant changes to the way companies file applications and notifications, specifically through the revision of Form […]
A Comprehensive Guide to Company Formation: From Promotion to Incorporation
The formation of a company is a journey that involves a series of strategic steps and significant legal considerations, starting long before the company officially […]
GST Annual Return Filing Demystified: Key Compliance Dates and Penalty Insights
The Goods and Services Tax (GST) system has significantly transformed the way businesses operate in India. As the GST framework continues to evolve, businesses face […]
ITAT Ruling: Clarifying TDS Exemption on Interest Retained by NBFCs in Direct Assignment Loan Deals
The world of financial transactions, particularly those involving loans and their subsequent transfer across financial entities, is increasingly becoming intricate. In India, this complexity has […]
Section 37 of the Income Tax Act: HC Clarifies Treatment of Compensation Paid to Subsidiaries
Business operations are inherently complex, particularly for large organizations managing multiple subsidiaries. Each subsidiary carries its own set of operational risks and challenges, and these […]
Rs 7 Lakh Penalty Imposed on Company and Directors for Ignoring Resident Director Mandate
The recent ruling by the Registrar of Companies (RoC) in Bangalore has shone a spotlight on an often-overlooked yet critical requirement in the Indian corporate […]
GST and Joint Development Agreements: What Builders & Developers Need to Know
The Goods and Services Tax (GST) has been a transformative shift for the Indian real estate sector, bringing a wave of new tax structures and […]
Why Unregistered Partnership Firms Can’t Sue Each Other for Recovery of Dues: SC’s Landmark Ruling
The intricate legal landscape of partnership law in India reveals significant challenges when the partnership firm is unregistered. Although it may seem straightforward to conduct […]
Mastering Form 10F: Understanding Treaty Benefits, TDS, and Key Requirements
The introduction of Form 10F under India’s tax regime has established a significant framework for non-residents seeking to claim tax benefits through various international tax […]
Understanding HSN and SAC Codes: Key Concepts for GST Compliance
The advent of the Goods and Services Tax (GST) in India in July 2017 signified a monumental leap forward in the nation’s tax system, laying […]