Learn about Capital Gains under the Income Tax Act, 1961. Understand what constitutes capital assets, types of transfers, computation methods, and deductions.
IBBI suspends IP for failure to take custody of assets, negligence in pursuing legal actions, and delays in protecting the interests of the Corporate Debtor (CD).
Article explains Income Tax Implication of conversion of Partnership Firm / Proprietorship Firm in to Private Limited Company
Explore the recent provision allowing Indian companies to directly list their shares overseas through IFSC GIFT City. Understand the implications and eligibility criteria.
Explore the concept of debit notes in GST, their issuance criteria, legal provisions, contents, and eligibility for input tax credit with detailed examples and analysis.
Discover why Sovereign Gold Bonds (SGBs) are a lucrative investment option, offering benefits like security, interest earnings, tax exemptions, and more.
Explore the complexities of including allowances and upper caps in gratuity regulations. Learn from legal precedents and understand implications for employers and employees.
Discover the Bombay High Court’s ruling in the case of Netcore Solutions Pvt. Ltd. vs. Union of India & Ors., where the rejection order of a refund claim was set aside due to procedural irregularities.
In DCIT vs. CDS Infra Projects Limited, ITAT Delhi ruled no addition under section 68 of Income Tax Act if proper evidence for source of share capital subscription is submitted.
Analysis of ITAT Delhi’s ruling in DCIT vs. Sandeep Hooda clarifies conditions for Income Tax Act 1961 Section 54 deduction eligibility in absence of basic amenities.
