Learn how tax planning can help salaried employees save money on income tax. Discover deductions, exemptions, and allowances that can reduce your tax liability.
An importance of stamp duty in every financial transaction cannot be understated. Especially, when such key transactions is a corporate arrangement, for which stamp duty is required to be paid or else there may be severe repercussions.
Discover the One Nation One Housing Policy and its impact on providing affordable and adequate housing for all in India.
Understand the impact of GST on pre-packed and labeled retail pack of food items. Learn about the new proposal and its implications for consumers and businesses.
Section 16 of CGST Act, 2017 prescribes the eligibility and conditions for claiming input tax credit. S. 16(1) entitles every registered person to take credit input tax credit, subject to section 49, on both goods and services used in the furtherance of his business.
Air India Ltd. Vs CIT (ITAT Mumbai) Introduction Appeals were filed before the Hon’ble ITAT against the order of the AIR INDIA LIMITED Vs Ld. Commissioner of Income Tax (Appeals), NFAC, Delhi which was pertaining to the assessment years 2016-17, 2017-18,2018-19 and 2019-20. Grounds of appeal The decision of the Joint Commissioner of Income Tax […]
Held that keeping in view the gravity of the crime, it being socio-economic offence, petitioner is not entitled for pre-arrest bail.
A comprehensive guide to External Commercial Borrowing (ECB) regulations in India. Learn about the advantages and considerations before availing this foreign loan.
Kerala HC held that even in cases where tax or penalty levied U/s. 129 of the GST Acts, 2017 was paid by a taxable person he can file an appeal U/s. 107 of the said Acts.
No person shall finance any activity which is prohibited under this Prohibition Act, or under the United Nations (Security Council) Act, 1947 or any other relevant on financing Act for the time being in force, or by an order issued under any such Act, in relation to weapons of mass destruction and their delivery systems.
