MCA Extends Annual Filing Deadlines for FY 2025-26: AOC- 4 by 31 December 2026 and MGT-7 by 31 January 2027

by The Tax Herald | Oct 28, 2026 | Company Law, Posts | 0 |

Extension of Due date for filing Annual filings for the Financial Year 2025-26 with MCA

Companies Compliance Facilitation Scheme 2026 extended till 15th September

by The Tax Herald | Aug 31, 2026 | Company Law, Posts | 0 |

CCFS 2026 Extension 15th September 2026 The Ministry of Corporate Affairs has extended the...

ITAT quashes CIT (Appeals) order on suo motu enhancement of the additions citing non-issue of Show Cause Notice under Sec.251(2) procedure.

by The Tax Herald | Nov 19, 2025 | Income tax, Posts | 0 |

ITAT Agra has held that the CIT(A) cannot enhance income without issuing a prior show-cause notice to the assessee. In the case of Simrah Builders (AY 2018–19), the Tribunal quashed the ₹54.50 lakh enhancement as it violated Section 251(2) and principles of natural justice. The assessee’s appeal was allowed purely on this legal ground.

Central Goods and Services Tax Act, 2017: Power to Grant Exemption (Section 11)

by The Tax Herald | Nov 17, 2025 | Acts, GST | 0 |

Section 11 of the Central Goods and Services Tax Act, 2017 empowers the Government to grant tax exemptions in public interest. It outlines general, special, and conditional exemptions based on Council recommendations.

Central Goods and Service Tax 2017: Composition of levy (Section 10)

by The Tax Herald | Nov 15, 2025 | Acts, GST | 0 |

Section 10 of the CGST Act provides a simple Composition Scheme for small taxpayers. It allows payment of GST at a lower fixed rate with minimal compliance. This article explains eligibility, limits, and key conditions of the scheme.

Company Law

Powers of the board of directors under Companies Act 2013

by The Tax Herald | Apr 21, 2025 | Company Law, Posts | 0 |

This article delves into the powers granted to the Board of Directors under the Companies Act, 2013. It highlights key decision-making authorities, limitations, and responsibilities that ensure smooth governance and strategic control within a company.

Depreciation as per Companies Act, 2013
by The Tax Herald | Sep 2, 2024 | Posts | 0 |
Sample resolution format for appointment of Authorized Signatory to represent the Company in civil , criminal and legal proceedings
by The Tax Herald | Jan 5, 2025 | Company Law, Posts | 0 |
Sample Resolution Format for Limited Liability Partnership (LLP) Registered office change
by The Tax Herald | May 5, 2025 | Company Law, Posts | 0 |
Formation of Company under Companies Act 2013
by The Tax Herald | Jul 23, 2025 | Acts | 0 |

Income tax

Income Tax Rates for Individual Taxpayers for FY 2023-24

by The Tax Herald | Jun 17, 2024 | Income tax, Posts | 0 |

Income tax Rates for Financial year 2023-24 , Assessment Year 2024-25. New Tax regime regime rates versus Old Tax regime rates. Exemptions and deductions available under new Tax regime and old Tax regime.