Understand how capital gains are charged under the Income Tax Act 1961. Learn about the definition of capital assets and the exemptions for unit linked insurance policies.
Held that imparting of ‘education’ in the field of architecture is covered within the provisions of section 2(15) of the Act and hence eligible for exemption under section 11 of the Income Tax Act
In re Mody Education Foundation (GST AAR Rajasthan) Whether Hostel Accommodation Charges per Hostel Seat provided by the Mody Education Foundation (MEF) to the students of Mody University of Science and Technology (MUST) having value of service upto Rs. 1000/- per day would be eligible for exemption under entry no. 14 of the Notification No. […]
In re Crown Craft India Private Ltd. (GST AAR Rajasthan) Question 1: Since our present and new unit (situated within the Rajasthan state) would have same GSTIN therefore sending goods/ raw material/ capital goods from one unit to other would not comprise supply of goods or services. In such circumstance would we require to pay GST on […]
In re Gurkripa Career Education Private Limited (GST AAR Rajasthan) Q1. Whether the activity of providing the hostel on the rent to various students by applicant is exempt (where hostel fees charged per student per day is much less than Rs. 1000/-)? Q2. If is it exempt it shall be claimed as exempted under which […]
Discover the impact of corporate frauds, money laundering, and benami properties in India. Learn about the legal provisions in place to tackle these issues.
Discover the impact of non-appointment of cost auditors for 2017-18 and the notices issued. Understand the challenges faced by compliance officers and the consequences of non-compliance.
Understanding Form 10BD for Trusts and Research Institutes. Learn about the new notification and the details required for filing this form.
Section 68 of the Act creates a legal fiction which cast obligation on the assessee to explain to the satisfaction of the AO about nature and source of credit in case any amount is found credited in the books of the assessee maintained for any previous year.
Understanding the tax implications of transferring a partners share in a partnership firm. Learn about the rules and regulations surrounding income tax on partnership transfers.
