News

Deputy Chief Minister Ajit Pawar died in a tragic plane crash during landing in Baramati, claiming seven lives including his own.

Ajit Pawar Net Worth: How rich was Maharashtra Deputy CM

Announcement

ICAI launches virtual study series to help CA Final May 2026 students prepare effectively with expert guidance.

ICAI Releases Schedule for CA Final May 2026 Virtual Classes

Articles

The government has proposed significant amendments to the earlier 60-year-old Income Tax Act of 1961, scheduled to effect from April 01.

New Income Tax Act 2025 Replacing Earlier 60-Year-Old Income Tax Rules; Effective April 01

New Income Tax Act 2025 Replacing Earlier 60 Year Old Income Tax Rules to Effect from April 01

Judgement

ITAT allowed deduction of Rs. 1.06 crore interest expense under Section 57(iii), holding that interest paid on borrowed funds used to earn interest income is a valid allowable expense.

ITAT Upholds Section 57(iii) Deduction for Interest Paid on Borrowed Funds; Favours Assessee

ICAI has announced the schedule, registration process, and download guidelines for Mock Test Paper Series I & II for CA Final May 2026 Exams.

ICAI Announces Mock Test Paper Series I and II for CA Final May 2026 Aspirants

Court holds Section 18(3) of the CGST Act to be permissive, allowing refund claims for pre-amalgamation exports even without full ITC transfer.

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Ajit Pawar Net Worth: How rich was Maharashtra Deputy CM

ICAI Releases Schedule for CA Final May 2026 Virtual Classes

New Income Tax Act 2025 Replacing Earlier 60 Year Old Income Tax Rules to Effect from April 01

ITAT Upholds Section 57(iii) Deduction for Interest Paid on Borrowed Funds; Favours Assessee

ICAI Announces Mock Test Paper Series I and II for CA Final May 2026 Aspirants

High Court Sets Aside Rejection of Refund to Amalgamated Company: ITC Transfer Not Mandatory