Verifying authenticity is necessary to avoid fraud as it safeguards you against inaccuracies and fraudulent activities.
22 August 2024 at 08:28
Here's a comprehensive overview of how these frauds operate, why they are effective, and how you can protect yourself.
A detailed overview of various allowances as per the Income Tax Act and the 2024 Budget.
Share forfeiture can be defined as the process of a cancelling the shares allotted to the defaulting investors by the company.
21 August 2024 at 17:17
Angel Tax, introduced in 2012 under Section 56(2)(viib) of the Income Tax Act 1961, was a tax levied on startups receiving investments from angel investors when the amount raised exceeded the fair market value of the shares issued.
This section is used, or I must say misused, in most of the Notices! The department is trying to levy a penalty under this section in most cases, but the High Court's views are in favour of the Assessee.
21 August 2024 at 07:12
ITAT Mumbai rules that a Rs 20 lakh gift received from a brother in the UAE is exempt from tax under the Income Tax Act, providing clarity on tax-free gifts from relatives abroad.
20 August 2024 at 08:37
Understand the risks associated with early tax filing.
19 August 2024 at 14:25
Promoters should have appropriate qualifications and requisite experience. If the promoter has studied at a foreign university and knowledge of law, etc., in the Indian context is not known to him, then another director should have that knowledge or experience.
19 August 2024 at 11:14
On this special day, many brothers and sisters exchange gifts as a token of their love and bond. But what about the tax implications of these gifts?
Master GSTR-9 and 9C with India's First Unique Live Course with Live practical training
CAclubindia
