We are living in a modern world, where we are using various types of gadgets and apparatus for our facilitation. The development of internet is one of the most important invention in our life. The internet has brought the world on our finger tips. There are various types of gadgets and apparatus ,we are using […]
In this article, I will express my own views on the Goods and Services Tax Council constituted by the President of India under Article 279A of the Constitution. 1. Creation of GST Council.─ Clause (1) of Article 279A of the Indian Constitution provides that the President shall, within sixty days from the date of commencement […]
Taxation of Non- Residents Person Objective: Income tax liability can only be determined if we rightly determine the residential status of Person, per se certain income which is taxable for a resident, may not be taxable at all for Non-resident and a person who is citizen of India may be non-resident and vice-versa. Basics: –Residential […]
The search action has resulted in seizure of unaccounted cash of Rs. 63 lakh and jewellery of Rs. 2 crore. Fourteen bank lockers have been placed under restraint. The search action has led to the detection of unaccounted income exceeding Rs. 200 crore.
What is Inheritance Tax? An Inheritance Tax is a tax that is levied on those who are bequeathed or receive assets from the estate of a deceased person. 1. A levy of assets inherited from a deceased person is known as Inheritance tax. 2. Estate tax and Inheritance tax are different. The value levied estate […]
An in-depth review of the IT Rules 2021: Explore the positive and negative impact of these regulations on digital media and OTT platforms.
After the cost reduction in Internet services and availability of android phones at lower cost, now shopping trend of consumers has been shifted from Physical market to virtual market. Now, a days E-Commerce business is one of the growing sectors of the Economy. In past few years, there are many E- Commerce platforms are introduced […]
The primary objective of arrest is to make sure that the accused during a criminal case appears before the court for the conveyance of justice. However, if the person’s presence is often guaranteed for the court trial without putting the person in jail, it might unfair and unjust to violate a person’s liberty. Thus, the bail is often granted as conditional liberty to the accused.
A Startup India regime has been initiated by the Government of India to support innovation and entrepreneurship in India. A Startup is a small new business environment initiated by one or a group of people leading to innovation of products/services. To be known as a startup, the entity must get registered with the Startup India.
Section 70 empowers the proper officer to summon any person whose attendance he considers necessary either to give evidence or produce document or any other thing. The power is exercisable only by the proper officer as specified.
