Why Maintaining Detailed Books of Accounts Is Important: Understanding Sections 44AD & 44ADA

By Editor | Published on 2025-09-30 16:43:39

The Income Tax Act, 1961, provides Sections 44AD and 44ADA to simplify taxation for small businesses and professionals. These sections allow taxpayers to declare presumptiv...

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GST Notification No. 15/2025 – Annual Return Exemption for Small Taxpayers

By Editor | Published on 2025-09-30 15:58:45

Issued by: Central Board of Indirect Taxes and Customs (CBIC)
Date: 17th September 2025
Relevant Law: Section 44 of the Cent...

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Teacher vs ITAT Delhi (2025) – Cash Gift of ₹3.5 Lakh from Daughter Not Taxable

By Editor | Published on 2025-09-30 15:45:46

Court/Authority: Income Tax Appellate Tribunal (ITAT), Delhi
Date: 2025
Law Involved: Income Tax Act, 1961 – Sections ...

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Ola Fleet Technologies Pvt. Ltd. vs. State of U.P. (22 July 2024)

By Editor | Published on 2025-09-29 11:29:33

Court: Allahabad High Court
Bench: Justice Saumitra Dayal Singh & Justice Donadi Ramesh
Case No.: Writ Tax No. 855 of 2024
...

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Modernization of Income Tax Act 2025 – Explained Simply

By Editor | Published on 2025-09-28 22:13:09

The Indian government has introduced the Income Tax Act, 2025 to make India’s tax system simpler, clearer, and easier to understand. Here’s what it mea...

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