by admin | Jan 17, 2026 | Accounting, Auditing, Income Tax, Tech News
The Delhi Bench of the Income-tax Appellate Tribunal (ITAT) has ruled that operational costs incurred by a foreign head office (HO) and cross-charged to its Indian branch (permanent establishment, PE) are deductible in computing the PE’s taxable profits in India,...
by admin | Jan 16, 2026 | Accounting, Auditing, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has announced the implementation timeline for the “Apply for Enterprise Innovation Scheme (EIS) Cash Payout” digital service for the Year of Assessment (YA) 2026. Professionals should note the critical,...
by admin | Jan 15, 2026 | Accounting, Auditing, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has flagged critical updates to the OECD’s technical FAQs for the Amended Common Reporting Standard (CRS) and the new Crypto-Asset Reporting Framework (CARF). Released in December 2025, this guidance demands immediate...
by admin | Jan 15, 2026 | Accounting, Auditing, Income Tax, Tech News
The Accounting and Corporate Regulatory Authority (ACRA) has published a report outlining the outcomes of its 2025 review of the Audit Quality Indicators (AQI) Disclosure Framework and the corresponding enhancements to the Framework. Background and purpose of AQIs...
by admin | Jan 14, 2026 | Accounting, Auditing, Income Tax, Tech News
The Accounting and Corporate Regulatory Authority (ACRA) has released the 2026 volume of the Singapore Financial Reporting Standards (International) (SFRS(I)s), applicable to annual reporting periods beginning on or after 1 January 2026. The SFRS(I) framework...
by admin | Jan 10, 2026 | Accounting, Auditing, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has announced a procedural update with significant implications for entities making cross-border payments. A new “Request for Extension to Submit Certificate of Residence” form is now available, introducing...
