A bare knuckle truth about the aviation industry is that globally, the airports and airlines struggle between balancing the impact of aviation on environment and customer satisfaction.
In this era where cyber space and digital environment has became one inextricable factor, the nature of evidence related to any case is also evolving to be digital.
Understand the new provisions of the Indian Stamp Act and Finance Act regarding the rate of stamp duty on shares and debentures.
Learn about the new TDS section 194S and its implications on the transfer of virtual digital assets. Stay updated with the changes in the Income Tax Act.
The moot question to be addressed is whether The company has given gifts to employees as a reward for their performance. Gift includes iPad and i-phone, the value of the i-phone exceeds INR 50k, will this fall in the ambit of supply as per Schedule-I?
LLP means a business where minimum two partners are required and there is no limit on the maximum number of partners. The liabilities of the partners are limited up to the extent of Capital contribution done by each partner in LLP.
Government extends GST Compensation Cess levy till 31.03.2026. Learn about the implications and new rules in this important move.
The new section 194R mandates a person, who is responsible for providing any benefit or perquisite to a resident, to deduct tax at source before providing such benefit or perquisite. The benefit or perquisite may or may not be convertible into money but should arise either from carrying out of business, or from exercising a profession, by such resident.
SC clarified that banks cannot be restrained from selling the mortgaged property by holding public auction and realize the outstanding dues, unless the borrower pays entire amount outstanding along with the cost and expenses of auction.
Understand the provisions of Section 50D of the Income Tax Act, 1961. Learn about the impact on capital gain calculation and the taxation of self-generated assets.
