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Ca Mayank Soni

Latest Posts by Ca Mayank Soni

Equalisation Levy: India’s Answer to Digital Economy

August 28, 2020 1149 Views 0 comment Print

1. Background There has been significant expansion of Information and Communication Technology. With increase of E-commerce and newer concepts like cloud computing, the significance of Digital Economy in global market has increased manifold times. Indian Income Tax Act majorly focused on the physical presence of enterprises for taxing them however Big Giants of Digital Space […]

Income tax: Faceless Assessment Scheme

August 17, 2020 10908 Views 8 comments Print

Preface to Income tax: Faceless assessment scheme ♦ Finance Minister Nirmala Sitharaman had announced the e-assessment scheme in her budget speech on 5th July 2019 which was inaugurated subsequently on 7th October 2019. ♦ Prime Minister Narendra Modi on 13th August,2020 had lunched “Transparent Taxation-Honouring the honest” platform and by that enlisted the rights of […]

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