Who is eligible to claim depreciation in a lease transaction - Whether the lessor (person who hires or leases the asset for a consideration) or the lessee (who hires for business use) ?
Who is eligible to claim depreciation in a lease transaction - Whether the lessor (person who hires or leases the asset for a consideration) or the lessee (who hires for business use) ? As per income tax Act, 1961, ...
Section 10(46) Tax Exemption Granted to HSBTE Panchkula: Key Provisions and Compliance Conditions under CBDT Notification 163/2025
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 26th November, 2025 S.O. 5442(E).— In exercise of the powers conferred by clause (46) of section 10 of the In...
NOTIFICATION No. 11/2025–Central Tax New Delhi, the 27th March, 2025., Amendments to CGST Rules via Notification 11/2025: Key Changes in Rule 164, Appeal Handling under Section 128A, and Critical Compliance Precautions for Professionals
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF...
Government has launched Credit Assessment Model for MSMEs to enhance digitally driven loan appraisal
Government has launched Credit Assessment Model for MSMEs to enhance digitally driven loan appraisalSeveral initiatives taken up to promote digital payment transactionsPosted On: 02 DEC 2025 5:53PM by PIB DelhiThe government has recently launched Cre...
Addition under Section 50C – Assessment Finalised Without Awaiting DVO Report – Whether Sustainable in Law?
Section 50C Addition Finalised Without Awaiting DVO Report – Legality ExaminedRajni Arvind Birla v. ITO, Ward-3(1)(1), Ahmedabad ITAT Ahmedabad | ITA No. 930/Ahd/2025 | Order dated 28.11.20251. Core Cont...