In India, when a business collapses, it is not just seen as a commercial setback — it is often treated as a criminal act. The

Hon’ble NCLT Ahmedabad recently in the matter of Personal Guarantors of Alok Industries Limited also dealing with question of whether petition under Section 95 of

The online gaming industry in India has witnessed exponential growth in recent years, driven by rapid digital penetration, affordable mobile internet, increased smartphone usage, and

Before we move towards main question i.e. whether addition of income can be made on the basis of entries found in diaries or books of

Hon’ble National Company Law Tribunal (NCLT) Ahmedabad has provided landmark judgement vide its order dated 30/04/2025 in the matter of Assistant Commissioner of State Tax

Recently Income Tax Appellate Tribunal (ITAT) Mumbai bench in the matter of Anushka Sanjay Shah v/s ITO, held that capital gains earned by a non-resident

Introduction Retirement is a phase of life that should ideally be free from financial worries. However, many senior citizens find themselves struggling to meet their

Hon’ble Supreme Court of India in the matter Saranga Anilkumar Aggarwal v/s Bhavesh Dhirajlal Sheth & Ors held that appellant cannot invoke insolvency proceedings as

Hon’ble Supreme Court of India in the recent judgement dated 20.02.2025 in the case of Bank of Baroda v/s Farooq Ali Khan & Ors. held

Income tax bill 2025 – to be introduced in Lok Sabha for approval.

In Budget 2025, the Hon’ble Union Finance Minister Smt. Nirmala Sitharaman has presented new income tax proposal for increase of tax exemption limit in the

South Africa’s economy is expected to grow at some 1.6% over next three years. Operational problems in freight rail and ports continue to disrupt economic

In the recent judgement dated 16 January 2025, passed by Hon’ble High Court of Bombay, in the wilful defaulter matter of Ankit Bhuwalka Erstwhile Director

Interesting analysis done for buying own house on home loan or taking house on rent. Please see attached work sheet for the same. Disclaimer: The above

Before we proceed on main topic let’s understand capital gain tax rate in India on listed equity shares investment Short term capital gain tax –