The taxability of forest auctioned trees depends on whether they are intended to be cut and removed. Courts and authorities have consistently held that mandatory severance converts standing trees into taxable goods.
ITR-1 has evolved from a self-declaration return to a data-reconciliation exercise backed by AIS, TIS, and Form 26AS. Salaried taxpayers must now focus on matching departmental records before filing.
लेख इस मुद्दे का विश्लेषण करता है कि सरकारी विभागों को विलंब माफी में राहत मिलने के बावजूद करदाताओं की अपीलें limitation पर क्यों खारिज हो जाती हैं। यह अनुच्छेद 14 के तहत समानता के सिद्धांत की पड़ताल करता है।
India has strong growth drivers including digitalization, manufacturing, and a young population. The key challenge is sustaining growth while addressing unemployment, inequality, and infrastructure gaps.
Learn when home office expenses qualify for tax deductions under IRS rules. The article explains exclusive use, regular use, principal place of business tests, and available deduction methods.
The article explains how newly qualified CAs can improve placement prospects through campus registration, resume optimization, networking, and interview preparation. The key takeaway is that proactive action significantly improves job opportunities.
The article explains how key Companies Act amendments affect tax treatment of penalties, CSR expenditure, related party transactions, and buybacks. It highlights why corporate law changes must be evaluated alongside their income-tax implications.
A genuine dealer can only be expected to prove his own purchase, receipt, and sale of goods. Allegations against a supplier’s supplier do not automatically justify confiscation, ITC denial, or fraud proceedings.
The High Court held that filing appeals and adopting a legal position on behalf of a client are professional acts that cannot by themselves attract criminal liability. It quashed the FIR, charge-sheet, and cognizance order against the advocate.
The article examines the critical role advocates play in safeguarding constitutional rights and ensuring access to justice. It argues that stronger welfare and institutional support for advocates is vital for preserving democracy and the rule of law.
