Explore Section 64 of the Income Tax Act, 1961, to grasp when the income of a spouse, minor child, etc., is included in an individual’s income. Learn the crucial circumstances.
Article is an attempt to highlight constitutional validity of levy of GST on Corporate Guarantees, valuation difficulties, unresolved issues and challenges and possible way out.
Explore impact of high-pitch assessments in income tax on small taxpayers. Learn challenges they pose, the need for fairness, and solutions for a transparent taxation system.
Explore complexities of E-commerce in India, covering business registration, FDI laws, and compliance. A comprehensive guide for navigating dynamic landscape.
Explore FAQs on E-Way Bill in India, covering its impact on GST, compliance, common issues, validity, and more. Learn about the role of E-Way Bill in modernizing tax systems.
Explore the influence of ‘Make in India’ on GST for mobile phones. Learn about revenue boost, reduced import dependency, industry growth, job creation, and economic resilience.
Article explains tax implications for non-residents receiving salary in an Indian account. Legal clarifications, case analyses, and conclusion on tax liability for overseas earned income.
Madhya Pradesh High Court grants bail to Himanshu Shroti & Sukrit Sharma, ABVP students who stole a judge’s car to save a dying man’s life. Analysis of the judgment and its impact on humanitarian acts.
Explore the Madras High Court’s ruling upholding a taxpayer’s right to a refund under the Inverted Duty Structure when input tax is erroneously charged by the supplier at a higher rate. Understand the legal perspective, implications, and the significance of this precedent
Explore constitutional validity of Section 16(4) of CGST Act upheld by courts. Analysis on vested rights, impossibility doctrine, and potential impact on businesses.