Under Explanation 2 (Table Sl. No. 1) to Section 139(1) of the Income-tax Act, 1961, any assessee required to furnish…
Transfer Pricing Study Report in India: Benchmarking, Comparables & How the Arm’s-Length Range is Built
A Transfer Pricing (TP) Study Report in India under Section 92D read with Rule 10D is a report that documents…
Arm’s Length Price & the 5 Transfer Pricing Methods: How the Most Appropriate Method Is Selected
Under Section 92C(1) of the Income Tax Act, 1961, five transfer pricing methods are prescribed to determine arm’s length price,…
ITR 7 for Trusts & NGOs (AY 2026-27): Form 10B/10BB Audit, Section 12A/80G Conditions & Due Dates
For charitable and religious trusts, NGOs and other exempt institutions, filing the correct income tax return is only one part…
Litigation vs Arbitration vs Mediation: How to Choose the Right Route for Your Business in India
Aditya and Aditi (illustrative example) started a business in 2022. They had a joint-venture agreement but never talked about how…
Schedule III (Division II) Financial Statements under Ind AS: Format, Mandatory Disclosures & Common Errors (FY 2025-26)
Schedule III Division II to the Companies Act, 2013 is the legally prescribed framework for presentation and disclosure for companies…
Country-by-Country Reporting (CbCR) in India: Who Must File and When
Country-by-Country Reporting (CbCR) in India is a tax reporting requirement for large multinational groups with consolidated revenue exceeding ₹ 6,400…
Civil Litigation for Business Disputes in India: What You Need to Know
Has a client stopped paying you despite the invoice, the reminders, and every follow-up call? Or maybe a supplier signed…
Annual ROC Compliance Calendar 2026-27: Every Filing Deadline Private Limited Companies Must Track
The ROC compliance calendar for 2026-27 sets the mandatory statutory filing deadlines for Indian private limited companies for FY 2025-26….
Transfer Pricing in India: Applicability, Associated Enterprises & International Transactions Explained (FY 2025-26)
Your company can have a transfer pricing problem even when it has never sold a single product to a foreign…