Direct Taxes (including International Taxation) | By Editor | Nov 6, 2023
The Supreme Court of India came out with its ruling on the “most favoured nation” (MFN) clause contained in the tax treaties of India-Swi...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Apr 28, 2023
The United Arab Emirates (UAE) has recently notified the list of persons who are exempted from obtaining corporate tax regi...
Direct Taxes (including International Taxation) | By Editor | Jul 4, 2022
On May 4, 2022 Supreme Court passed a judgement, in the case of Ashish Agarwal vs. Union of India, which became a landmark for all the wr...
CFO Advisory Services | By ALOK PATNIA | Feb 1, 2022
The Finance Minister #NirmalaSitharaman presented the Union Budget today. Overall, the budget is being acclaimed as a pro-investme...
Direct Taxes (including International Taxation) | By CA Ritika Lath | Aug 10, 2021
When any person is engaged in the business of real estate, the immovable property purchased is represented as stock (mostly as Work In Pr...
Direct Taxes (including International Taxation) | By CA Ritika Lath | Aug 10, 2021
Deduction of income from other sources also alongwith eligible business u/s 80-IA of IT Act, 1961 – Supreme Court verdict Section 8...
Direct Taxes (including International Taxation) | By CA Ritika Lath | Aug 5, 2021
E-Commerce Business is witnessing resurgence in India due to increasing penetration of internet use base in Tier-II and Tier-III cities e...
Direct Taxes (including International Taxation) | By CA Ritika Lath | Aug 4, 2021
Alert- Adjustment required in F.Y. 2020-21 if depreciation on goodwill claimed in F.Y. 2019-20 Income Tax Act, 1961 (Act) provides deprec...
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...
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...
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...
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...