Explore the benefits of private trusts as an alternative tool for succession planning, ensuring fair and transparent asset transfer while addressing taxation and legal considerations.
Explore the tax implications for salaried individuals and independent professionals. Learn when professional fees may be treated as salary income, with insights from key judgments.
Explore the admissibility of House Rent Allowance (HRA) paid to parents or spouse under Section 10(13A) of the Income Tax Act. Analysis of judicial rulings and essential evidence for successful exemption claims.
Explore the tax implications of receipts under section 68 of the Income Tax Act, 1961. Understand the background, elements, onus of proof, and government actions in dealing with undisclosed income and alleged transactions. Learn about the tax rates and penalties applicable under section 115BBE and 271AAC.
Indian Government since 2015 has taken various steps toward the digital economy. Regulation of Gold Exchanges and provision of an ecosystem that would enable transparent and efficient exchanges of gold was essential to meet the objectives of digital economy.
