Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Objective characteristics and principal use govern mining-tyre classification, while fresh advance ruling applications may rely on additional technica...
Administrative fraud classification suspension does not halt independent criminal investigation or warrant-based searches into alleged economic offenc...
Schedule VII of the Companies Act, 2013 has been amended to include "subscription to zero coupon zero principal instruments on Social Stock Exchange" as a permitted item. The amendment expands the recognised scope of Schedule VII spending for corporate social responsibility purposes, allowing companies to treat such subscription as eligible under the Schedule. The notification takes effect from the date of publication in the Official Gazette.
Schedule VII of the Companies Act, 2013 has been amended to include "subscription to zero coupon zero principal instruments on Social Stock Exchange" as a permitted item. The amendment expands the recognised scope of Schedule VII spending for corporate social responsibility purposes, allowing companies to treat such subscription as eligible under the Schedule. The notification takes effect from the date of publication in the Official Gazette.
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