Discover the role of research in direct taxation laws, governance, and economic stability, addressing national challenges and balancing revenue with judicial insights.
Western economies, led by the USA, face a crisis marked by high debt, stagnating GDP, and inflation, shifting financial power to the East due to trade imbalances.
India explores simplifying direct tax laws via a new code or amendments. Challenges include black money, inflation, manpower gaps, and attracting FDI.
Explore how the Income Tax Act continues to grow more complex despite repeated assurances of simplification. Discover why new reforms and codes add to the complexity of direct tax laws.
Explore the practical problems faced in the implementation of hybrid hearings in upper judiciary, hindering the seamless dispensation of justice. Insights from a seasoned practitioner shed light on the issue.
Explore the illogical disallowance of business expenses by assessing authorities, the burden on taxpayers, and the questionable logic behind such actions.
Discover the implications of a significant Delhi ITAT ruling on cash sales pre-demonetization. Learn how it affects taxation and financial reporting.
Explore recent ITAT judgment in Rakesh Kr. Jha vs. ITO, delving into interpretation of Sections 271A and 271B, highlighting conflicting views among High Courts.
Confusion around Income Tax Section 36(1)(viia) and its applicability to cooperative societies. Judicial views, distinctions and unresolved debate on Section 36(1)(viia)
Explore crucial issues in income tax practices, including Section 44AD, TDS obligations, LTCG exemptions, cash deposits, and tax deductions under Section 80G in India.
