Join our webinar on Faceless Tax Assessments under the Income Tax Act, 1961. Learn concepts, challenges, and solutions from expert CA Hari Agarwal, FCA.
Learn about the advantages of starting or investing in an LLP in India. Discover the separate legal entity, tax benefits, and liberal rules for foreign citizens.
Free trade agreements (FTAs) with the developed world an important agenda of Modi government. Textile Industry has a big role in making FTAs a success: Shri Piyush Goyal
Money received by individuals for Covid-19 treatment or ex-gratia received by family members on death due to Covid-19 would be exempt from income tax.
Amended Schedule-III & CARO 2020 is applicable on Statutory Companies Auditor’s Report which is to be prepared for Financial Year 2021-22.
Grandfathering clause means an old provision in law continues to apply on certain existing situations corresponding to new provisions which has been introduced to apply to all the future situations.
Held that TDS not deductible when neither any patent or copyright was used by the assessee against which the royalty was paid nor there was any technical know-how made available to the assessee.
Held that addition u/s 68 unsustainable as all the necessary documentary evidences in support of genuineness of share capital submitted by the assessee.
Held that non-compete fees, being an intangible asset, paid in accordance with the terms of the agreement is eligible for depreciation u/s 32
Held that since the receiver has failed to establish the creditworthiness of the lender and genuineness of the transaction, addition u/s. 68 as unexplained cash credit sustainable.
Discover how Startups in India can easily access external commercial borrowing (ECB) for funding. Explore the benefits and guidelines for availing this financial facility.