The term proceeding is nowhere defined in the CGST Act. In layman’s terms the term proceeding simply means steps or measures taken in course of an action for enforcing rights, law or regulation.
Krishna, everyone around the nation enjoyed a lot on the day of Makar Sankranti, flying high their kites and cutting the ones of their friends and others. From children to elderly, everyone was seen having fun flying their Kites. Krishna, how high do you think the Taxpayers Kite will fly this year?
RBI launched Digital rupee and it is considered as a mean to implement monetary policies to provide stability, control growth, and influence inflation.
Taxpayers are hopeful that the coming Financial Budget will provide them with increased benefits and incentives under Income Tax for the New Year 2023.
Exposure Draft for the issuance of a ‘Guidance Note on Audit of Public Charitable Institutions under section 12A of the Income-Tax Act, 1961.’ The primary objective of this Guidance Note would be to provide direction and clarity for the audit of public charitable institutions, which are registered under section 12A of the Income-Tax Act, 1961.
Investigating Contagion Effects of Crude Oil Prices on Indias Sectoral Stock Prices. RBI Working Paper No. 01/2023 analyses contagion effects on sectoral stock price indices in India. WTI/Brent Crude provide insight into global shocks.
One of the key components of Startup India program is Section 80IAC of the Income Tax Act which provides tax incentives for startups. Section 80IAC of the Income Tax Act provides tax benefits to eligible startups for their first three years of operations.
Learn about a Gujarat High Court case on reopening of income tax re-assessment proceedings under the Finance Act 2021. Analysis of 4 Recent Important Income Tax Case laws
Understand the essence of key changes to Input Tax Credit rules with GST Council. Know what Rule 37A in GST implies for taxpayers? Find out here!
GST on slump sale? Understand how the Central Board of Indirect Taxes & Customs view slump sale & why GST should not apply.
