According to §18 of the Limitation Act 1963, an acknowledgment of liability in writing before the expiry of the limitation period will reset the limitation clock to the date of the acknowledgment.

The Assessee filed appeal before CIT(A) and during the pendency of appeal, filed application before AO seeking stay of demand under Section 220(6) of the Act,

Invoice processing has always been a significant burden on companies. Not only from the perspective of manual labor, but also to actively avoid and ensure any payment leakages.

As we enter the 2026 fiscal planning peak, organizations need to shift their focus from simple license compliance to strategic cost recovery.

India is an increasingly favoured business hub offering numerous commercial opportunities.

The Ministry of Corporate Affairs (MCA), via Notification No. G.S.R. 414(E) has notified the Investor Education and Protection Fund (IEPF) Authority (Accounting, Audit...

The Reserve Bank of India ("RBI") has released its Draft Directions on Lending to Related Parties for Non-Banking Financial Companies (NBFCs)...

This article aims to highlight the key valuation triggers that stem from the application of various International Financial Reporting Standards (IFRS) and outline the valuation-specific...

The Ministry of Health and Family Welfare (MOHFW) notified the Cigarettes and other Tobacco Products (Prohibition of Advertisement and Regulation of Trade and Commerce, Production, Supply and Distribution)...

The Indian shipping industry is headed for rapid growth in view of the impetus in growth of the Indian economy over the last few years. This has resulted in some of Government of India’s (GOI) existing policies in the shipbuilding industry gaining prominence, an example of which is the Subsidy Scheme introduced in 2003, under which a subsidy of 30% can be availed of by an Indian shipyard, when it constructs a vessel in India upon receiving a Domestic Order on Global Tender basis or upon receivin

Rule 3 of Companies (Accounts) Rule 2014 prescribes the manner of books of accounts to be kept in electronic mode. To this rule, MCA has recently added a proviso stating that accounting software

The broad framework of CSR has been provided in Section 135 of the Companies Act, 2013, Schedule VII of the Act and Companies (CSR Policy) Rules, 2014.

The Scenario in the IPR sector has undergone vibrant change in the recent past. This change has not been restricted to the pharmaceutical sector alone, but has extended itself to other systems of Intellectual Property.

In order to facilitate the expansion of the business of Indian corporates abroad, the Reserve Bank of India ("RBI") had on 6<SUP>th</SUP> November 2006 enhanced the prudential limit on credit and non-credit facilities extended by Indian banks to Indian Joint Ventures (where the Indian company’s holding exceeded 51%) / Wholly Owned Subsidiaries ("WOS") abroad from the then existent limit of 10% to 20% of the unimpaired Tier I and Tier II capital funds of such Indian Joint Vent

Outlined below is what companies need to do differently to keep up with play.

The Kotak Committee Report on Corporate Governance had recommended certain changes to the regulatory regime for group audit.

Benchmark simply means a point of reference or a threshold against which things are compared. Things are evaluated in light of such 'benchmark'.