Explore the historical evolution of money laundering laws, from its emergence in the United States to its present-day interpretation amidst the GST inclusion debates.
A startup is a young company that is in the early stages of development and growth. It is typically characterized by its focus on innovative products, services, or business models that have the potential to disrupt existing markets or create new ones.
Learn how to get certified copies of your answer sheets using the RTI Online portal with our clear and concise step-by-step guide, which also includes a helpful application format sample.
Navigate the complex world of ROC compliance with our comprehensive guide. Understand the purpose and deadlines of mandatory and event-based ROC compliances, including MBP-1, AOC-4, DIR-12, SH-7, and more.
Safeguard yourself from fake income tax notices in the digital age. Learn to verify notices with a Unique Document Identification Number (DIN) and utilize the official e-Filing portal for authentication. Stay cautious and follow the step-by-step process to ensure the legitimacy of communication. Protect your financial interests by adopting preventive measures.
CESTAT Delhi held that mere use of the word “commission” in the clause dealing with terms of payment would not mean that “commission” was paid by the seller. The goods were sold on principal to principal basis and payment to buyer was expenses incurred by overseas buyer and not commission. Hence, service tax not payable.
ITAT Mumbai held that disallowance towards payment of PF & ESIC u/s 36(1)(va) unjustified as the amount is deposited before the due date of return of income u/s 139(1) of the Income Tax Act.
ITAT Pune held that addition towards on-money receipts sustained based on seized document by invoking the statute presumption under section 292C of the Income Tax Act.
ITAT Gauhati held that deduction of tax at source not liable as payment of rent was made to assessee who are not liable to pay tax in terms of exemption u/s 10(26) of the Income Tax Act. Accordingly, assessee cannot be held to be ‘assessee in default’.
Explore the nuances of Income Tax Assessment for Associations of Persons (AOP) and Bodies of Individuals (BOI) for the Assessment Year 2024-2025. Understand the computation of Gross Total Income, available deductions, applicable tax rates, and special incomes. Delve into the amendments proposed in the Finance Act 2023, including the introduction of Section 115BAC with revised tax rates. Stay informed about the latest tax slab for AOP and the surcharge rates. Get expert insights into the amendments and their implications.
