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Ca Karan Singh

Latest Posts by Ca Karan Singh

Commentary on Section 269ST of Income Tax Act, 1961

May 21, 2021 7467 Views 5 comments Print

Section 269ST was introduced through Finance Act 2017. The main purpose to bring this section was to curb the unaccounted money circulating in the country. To achieve the mission of the Government to move towards a less cash economy, to reduce the generation and circulation of black money, this section came into legislation. The Section […]

Non Resident investors exempt from obtaining PAN

May 8, 2021 2889 Views 0 comment Print

The CBDT has notified Income Tax (14th Amendment) Rules 2021, which laid down the rules relating to non-applicability of the provision of section 139A to non-resident, being eligible foreign investors making a transaction only in capital assets referred in clause (viiab) of section 47 in a specified manner. Also, this notification delegates some responsibilities on […]

Invest Your Money Now

July 23, 2020 1776 Views 0 comment Print

It always been said that plan your today well and don’t think about tomorrow because of its uncertainty. And the current situation of the pandemic in the world was even impossible to anticipate. No one had ever visualized the current situation which the masses are going through. The adversity which everyone is experiencing was never […]

Voluntary Retirement Scheme and Tax implications

July 21, 2020 50880 Views 6 comments Print

1. Overview of Voluntary Retirement Scheme. As the name suggests a voluntary retirement scheme is an option given by an organization to its current employees to take early retirement before the actual date of retirement. Unlike a compulsory layoff, this scheme is optional to employees, and decision about whether they want to continue with the […]

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