A trademark (popularly known as brand name) is a visual symbol which may be a word, signature, name, device, label, numerals or combination of colors used by one undertaking on goods or services or other articles of commerce to distinguish it from other similar goods or services originating from a different undertaking. The legal requirem...

Whether interest liability under Section 50 of the Central Goods and Services Tax Act, 2017 (for short ‘CGST Act’) can be determined without initiating any adjudication process either u/s 73 or 74 of the CGST Act in the event of an assessee raising dispute towards liability of interest?...

Alternative Investment Funds (AIF) refers to a fund created or incorporated in India by pooling of funds from various investors whether Indian or foreigner by way of private placement for investment in a portfolio of securities in accordance with the defined investment policy for the benefit of its investors....

Finance Act, 2020 has introduced optional based filing for individual and HUF whereby these type of assesses have to choose option amongst new and old tax slab rates at the time of filing of ITR. This type of filing is unique in case of Indian Taxation System till date. This type of filing has created […]...

Vide Finance Act 2020  Section 163(3) of Income Tax Act, 1961 has now been amended to provide that the Equalisation Levy would now be applicable also to 'to consideration received or receivable for e-commerce supply or services made or provided or facilitated on or after the 1st day of April, 2020'. This amendment expands the scope of Eq...

There have been many amendments, relaxations, due date extensions and many more in respect of GST Annual Returns. In this article these aspects and key features were briefly discussed with bullet points providing relevant notification references wherever required.  At the end of the article, due date table was also given for ready refere...