Penny-stock additions require transaction-specific evidence; general investigation material alone cannot establish undisclosed income or accommodation...
Transfer pricing comparability prioritises reliable external CUPs and foreign-currency LIBOR benchmarks for exports, borrowings and delayed receivable...
Section 153C satisfaction and seized electronic records sustained unexplained-investment addition, subject to proportionate ownership-share verificati...
The Ministry revised specified annual e-forms on its portal and, to allow acclimation to the new filing process, permits companies to file FY 2024-25 financial statements and annual returns without payment of additional fees until 31 December 2025. This relief does not extend statutory timelines for holding AGMs under the Companies Act, 2013; companies failing to meet AGM or other statutory deadlines remain liable to legal action. Filings made after the circular's currency will attract all applicable fees, including additional fees, calculated from the original due date under the Act. The circular is issued with the approval of the competent authority.
The Ministry revised specified annual e-forms on its portal and, to allow acclimation to the new filing process, permits companies to file FY 2024-25 financial statements and annual returns without payment of additional fees until 31 December 2025. This relief does not extend statutory timelines for holding AGMs under the Companies Act, 2013; companies failing to meet AGM or other statutory deadlines remain liable to legal action. Filings made after the circular's currency will attract all applicable fees, including additional fees, calculated from the original due date under the Act. The circular is issued with the approval of the competent authority.
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