Direct Taxes (including International Taxation) | By CA Ritika Lath | Jul 15, 2021
FAQs on Penalties under the Income Tax Act 1961 There are penalties defined for maximum kind of defaults in laws of Income Tax Act...
GST & Other Indirect Taxes | By CA Kaushal Agarwal | Jun 29, 2021
GST on intermediary services – Considered Export or not? Matter: Pursuant to this Petition under Article 226 of the Constitution of...
Direct Taxes (including International Taxation) | By CA Ritika Lath | Jun 28, 2021
TDS on purchase of goods-Section 194Q of the Income Tax Act, 1961 From -01-07-2021, if any person whether from India or outside India i...
GST & Other Indirect Taxes | By CA Kaushal Agarwal | Jun 28, 2021
Why Advance Ruling GST Advance Ruling Mechanism – An advance ruling helps the applicant in planning his activities, which are liabl...
Direct Taxes (including International Taxation) | By CA Ritika Lath | Jun 17, 2021
In terms of Rule 31A of the Income Tax Rules, 1962 any person responsible for deducting TDS has to furnish quarterly TDS Return within th...
Singapore Business Assistance | By Editor | Jun 16, 2021
1. Why should you choose Singapore as the country to set up your business in? Singapore has been consistently ranked among the top best c...
COVID-19 Resources | By CA Kaushal Agarwal | May 29, 2021
The 43rd GST Council met under the Chairmanship of FM Smt. Nirmala Sitharaman along with ministers of the States & UTs through VC hel...
Direct Taxes (including International Taxation) | By CA Ritika Lath | May 26, 2021
Before the amendment made vide Finance Act, 2021 under section 50B of the income Tax Act, 2021 (Act), capital gain on slump sale i.e. tra...
Direct Taxes (including International Taxation) | By CA Kaushal Agarwal | May 20, 2021
CBDT provides relaxation to the tax filers under the COVID 19 pandemic to ease compliances: 1) The Statement of Financial Transactions...
Direct Taxes (including International Taxation) | By CA Ritika Lath | May 19, 2021
Cash Leave Travel Concession received from employee but no expenditure made on travel during Pandemic can also be claimed as exempt incom...
Direct Taxes (including International Taxation) | By CA Ritika Lath | May 18, 2021
The place of residence of a foreign company incorporated outside India is determined by its PLACE OF EFFECTIVE MANAGEMENT (POEM) under th...
Direct Taxes (including International Taxation) | By CA Ritika Lath | May 17, 2021
1. What is income escaping assessment? Give some examples of income escaping assessment? As per Section 147 of the Act, if any inc...