‘Annual Information Statement’ and ‘Taxpayers Information Summary’ are the two new statements, recently, introduced by the Income Tax Department. ‘Annual Information Statement’ is a detailed statement covering all the particulars of the financial transactions carried out by the taxpayer in a Financial Year. Whereas, ‘Taxpaye...

Real Estate Sector before introduction of RERA, 2016 was one of the most unregulated sector in the country. We know that the Real Estate Sector is contributing around 6.5 to 7% of the GDP of India. In this unregulated sector , the consumers are the real victim and their hard earned money is duped by […]...

Joint representation fo Extension of various dues dates of filing Audit Reports and Income Tax Returns under Income Tax Act, 1961 in the backdrop of technical glitches on the IT portal coupled with Covid-19 third wave...

Let us first understand the taxability from an individual perspective who does not conduct any business activity, he purchases the Foreign Currency (FC) for personal purpose, which may be medical treatment abroad or for a foreign trip outside India....

As you are aware that Marine Insurance covers the loss or damage of ships, cargo, terminals, and any transport or cargo by which property is transferred, acquired, or held between the points of origin and final destination. I also includes offshore and onshore exposed properties (container terminals, ports, oil platforms, pipelines etc.),...

The process of creating plans to spend and use finance in an organisation makes up budgeting (estimates). Budgeting (estimates) helps determine the spread of resources/finance available for project development. Execution of budgeting (estimates) in project management/development is essential. This ensures that project efficiency, standard...