A concise overview of India’s legal framework for dividend distribution under Companies Act, 2013, covering sources, types and conditions for payment from profits and reserves.
Explore ancient Indian taxation principles from texts like Arthashastra, highlighting fairness, public welfare, and ethical collection, and how these can inform modern tax policies.
The digital world is seamless, but GST law draws some fine lines. So, who exactly qualifies as an E-commerce Operator under GST? Let’s untangle the tax behind your taps and clicks to decode the tax twist behind your digital life.
Understand GST (RCM) and TDS implications for Indian companies importing software services from foreign vendors, including place of supply and FTS rules.
A critical aspect of GST legislation pertains to issuance of show cause notices (SCNs) and assessment orders in case of short payment or non-payment of tax. Sections 73 and 74 of CGST Act deal specifically with these scenarios.
Learn the procedures to pause and reset the 12A renewal timeline for NGOs under the Income Tax Act. Key deadlines, compliance steps, and challenges explained.
CBDT Circular 9/2025 provides relief from higher TDS/TCS rates for inoperative PANs linked to Aadhaar by specific deadlines, addressing taxpayer grievances.
Supreme Court cancels bail for a former Patna care home superintendent accused of exploiting inmates. The decision overturns a High Court order.
In this blog post, I’ll break down what these schedules are, provide real-world examples, and explain how to report them on the Income Tax e-Filing portal. Plus, I’ll touch on the kind of notices you might receive if you miss the mark.
A common question businesses face is why an IGST balance cannot be used to offset liabilities for intra-state (within-state) sales when the Central Goods and Services Tax (CGST) credit is fully utilized. Let’s break it down with real-world examples to make it crystal clear!
