Articles

Analysis of IBC Amendments Act (Ordinance) 2019

Insolvency and Bankruptcy Code (Amendment) Ordinance, 2019– In this article Author has compiled Important Sections after the amendment. Text of Relevant Section of  Insolvency and Bankruptcy Code, 2016 amended or inserted vide IBC Amendments Act (Ordinance) 2019 is given below in Maroon Colour. Ordinance Date: 28.12.2019 Total Amen...

Read More
Posted Under: Income Tax |

Startup India – All you need to know

Prime Minister Narendra Modi started the Startup India Campaign in 2016 to boost entrepreneurship in India. The action plan aimed at financing for startups, simplifying the incorporation of startup process and grant of various tax exemptions and other benefits to startups. In line with this initiative, the government launched a policy f...

Read More
Posted Under: Income Tax |

Educational Services under GST

1. Meaning of ‘Education’ under GST Law, 2017: In GST the term ‘Education’ has not been defined, However, the Hon’ble Apex Court decision in ‘Loka Shikshana Trust vs. CTT defines ‘Education’ as a process of training and developing knowledge, skill and character of students by normal schooling. U...

Read More
Posted Under: Income Tax |

Income Escaping Assessment Under Section 147/148 of Income Tax Act

Section 148 stands for reassessment or income escaping assessment. Nowadays income tax department is scrutinizing more returns under Section 148 of the Income Tax Act. So we are here to discuss about section 148 of the Income Tax Act, 1961. Article explains Time limit for issuance of notice u/s 148, Issuance of show cause notice […...

Read More
Posted Under: Income Tax |

GST Audit- Applicability, Types, Due Date, Penalty

Article explains Applicability of Audit under GST, Requirement of GST Audit, Furnishing of Documents under GST Audit, Types of GST Audit, Calculation of Turnover for F.Y. 17-18, Calculation of Aggregate Turnover under GST , Tenure of Retention of Accounts under GST , Auditor Qualification for GST Audit, Audit in case of multiple Branches,...

Read More
Posted Under: Income Tax |

Tax Incentive for Additional Employee Cost – Section 80JJAA -Analysis

Article explains Background of Section 80JJAA, Conditions to be fulfilled for claiming deduction under Section 80JJAA, Amount of Deduction under Section 80JJAA and Illustration on deduction under Section 80JJAA. Before I delve into my topic of discussion, lets have a little background of Section 80JJAA of the Income Tax Act 1961. Backgrou...

Read More
Posted Under: Income Tax |

Registration Charges under Relinquishment deed

Article explains What is a relinquishment deed, Important features of Relinquishment deed, Charges in Delhi and Haryana for relinquishment deed, Registration Procedure for relinquishment deed, Who pays Stamp Duty in case of Relinquishment deed. What is a relinquishment deed? Relinquishment deed is a legal document or an instrument accord...

Read More
Posted Under: Income Tax |

FAQs on LLP Strike off in India

Do you own an LLP? Do you want to close down your LLP? there are many questions that might be arising about LLP Strike off in your mind. Here we have made a compilation of the Most Frequently Asked questions....

Read More
Posted Under: Income Tax |

FAQs on Strike off of Company in India

Do you own a Company? Do you want to close down your Company? there are many questions that might be arising about strike off Company in your mind. Here we have made a compilation of the Most Frequently Asked questions....

Read More
Posted Under: Income Tax |

Section 158BFA(2) – Penalty on undisclosed income for block period

Section 158BFA (2) of the Income Tax Act deals with levy of penalty on undisclosed income for the block period. As per the provisions, the penalty under section 158BFA (2) can be imposed on the direction of the Assessing Officer or the Commissioner (Appeals), during the course of the proceedings. The current article explains the […...

Read More
Posted Under: Income Tax |

Browse All Categories

CA, CS, CMA (4,436)
Company Law (5,274)
Custom Duty (7,552)
DGFT (4,089)
Excise Duty (4,305)
Fema / RBI (3,938)
Finance (4,105)
Income Tax (31,589)
SEBI (3,289)
Service Tax (3,501)