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Archive: 05 June 2021

Posts in 05 June 2021

Basic Understanding of Income Tax- “Decoding Self-Contained Code”

June 5, 2021 6711 Views 4 comments Print

The purpose of the article is to decode the complexities of The Self-Contained Code i.e. The Income Tax Act,1961. It Covers: – 1.The Major components of The Income Tax law in India 2. Types of Definition under the Income Tax Act, 1961. 3. Meaning of Section, Subsection, Clause, Proviso & Explanation and differentiating between them. 4. Legal Maxims vis-a-vis Income Tax Provisions.

Section 194Q versus Section 206C(1H) of Income Tax Act, 1961

June 5, 2021 3180 Views 2 comments Print

Understanding the difference between Section 194Q and Section 206C(1H) of the Income Tax Act, 1961. Learn about the tax implications for sellers and buyers in this informative blog post.

IBBI invites expression of interest (EOI) from IPs

June 5, 2021 1422 Views 0 comment Print

IBBI shall invite expression of interest (EOI) from IPs, in Form A, by sending an e-mai1 to IPs at their email addresses registered with the Board. Accordingly, an e-mail has been sent to your email ID registered with the Board, seeking EOI for appointment as IRP, Liquidator, RP and BT from July 1, 2021 to December 31, 2021, as per aforesaid guidelines.

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