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How Laws are Made in India: A Step-by-Step Guide

October 22, 2024 103929 Views 0 comment Print

Explore the intricate process of law-making in India, from bill introduction to presidential approval, and understand the steps involved.

How Laws Are Made in Rajya Sabha: Detailed Legislative Process

October 22, 2024 72030 Views 0 comment Print

In this Article, I embark on a comprehensive journey through the intricate process of law-making in the Rajya Sabha, the upper house of India’s Parliament. While many discussions touch on the general workings of the legislative system, few delve into the specific procedures and nuances that govern how laws are crafted, debated, and enacted in this esteemed chamber.

Cleaning of Books of Accounts & their Worship on the occasion of Diwali

October 22, 2024 12334 Views 0 comment Print

Learn how to clean and worship your Books of Accounts on Diwali. Discover the provisions under various tax laws for discarding old records.

ITC eligible on Tax Paid for Leasing/Renting Motor Vehicles for Women’s Safety

October 21, 2024 1044 Views 0 comment Print

AAR Tamil Nadu allows ITC on motor vehicle leasing for women’s safety, if services are provided as mandated under Tamil Nadu Shops and Establishments Act, 1947.

Online Filing Date Considered for Appeal When Order Uploaded on GST portal

October 21, 2024 630 Views 0 comment Print

Madras HC held that online filing date is valid for appeals when the order is uploaded on the common portal. Hard copy submission is deemed procedural only.

Clubbing of Income Under Section 64: Key Provisions

October 21, 2024 1203 Views 0 comment Print

Learn how income from a spouse, minor child, or HUF is clubbed under Section 64 of the Income Tax Act, affecting tax liabilities. Key rules and exceptions explained.

Fake Rent Receipts for claiming HRA exemption: Consequences

October 21, 2024 17907 Views 0 comment Print

Discover the risks and penalties of submitting fake rent receipts to claim HRA exemptions and learn how to comply with tax regulations effectively.

Order Book Investing: 10 Companies with huge Order Book

October 21, 2024 1152 Views 0 comment Print

Explore 10 Indian companies with significant order books, indicating strong growth potential. Learn about their revenues and future prospects.

Cartel Detection: Assessing Leniency Plus under Indian Competition Law

October 20, 2024 114 Views 1 comment Print

Leniency plus or Lesser Penalty plus mechanism in India is a program incentivizes cartel members who are already under investigation to report other cartels they are aware of, potentially receiving further reductions in penalties.

Direct Tax Vivad se Vishwas (DTVSV) Scheme, 2024 – Key Highlights

October 20, 2024 12477 Views 1 comment Print

Direct Tax Vivad Se Vishwas Scheme, 2024 has been enacted vide Chapter IV (Section 88 to 99) of Finance (No.2) Act, 2024. The Objective of the Scheme is to reduce Income tax pending litigations, generate timely revenue for Government and also to benefit Taxpayers by providing them peace of mind, certainty, and savings on account of time and resources.

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