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HRA(House Rent Allowance) can be claimed as a tax deduction as per Section 10(13A) of the Income Tax Act 1961. The HRA can be claimed as a deduction after meeting the eligibility criteria.

Posted in Income Tax |   330 Views



After the introduction of Section 185 and 186, transactions related to inter-company loans and guarantees become complicated to go ahead along with the compliance to such provisions.

Posted in Corporate Law |   90 Views



Because of the outbreak of the COVID-19, there is a capital Crunch in business. Here are 11 possible ways of Refinancing your business. Learn the art of fundraising.

Posted in Taxpayers |   276 Views



MSME definition has further been revised by the ministry. The investments and turnover limits have been increased for the medium enterprises to 50 crores and 250 crores.

Posted in Corporate Law |   140 Views



Know all the recent updates that were notified in the month of May. This article provides the latest announcements for Finance and Tax Professionals.

Posted in Corporate Law |   140 Views



Is GST payable on sale of units/flats to landowner for free?

Posted in GST |   199 Views



MSME new definition was given by the FM while giving the details of the Economic Relief Package. MSME new definition will take effect from 1st of July 2020.

Posted in Corporate Law  1 comments |   866 Views


Brief on Slump Sale

  Vikram Sirohi    04 June 2020 at 09:35

A slump sale is mainly affected by the way of Business Transfer Agreement ("BTA"). BTA’s are typically subject to negotiations.

Posted in Corporate Law |   332 Views



ITR-1 for AY 20-21 has recently been notified on the e-filing website of the Income Tax Department.

Posted in Income Tax |   3707 Views


All about the SPICe+

  Vikram Sirohi    03 June 2020 at 18:16

All about the SPICe+

Posted in Corporate Law |   536 Views





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