Section 45 of the Income Tax Act, 1961 ('Act') is the charging section of the income chargeable under the head 'Capital Gains'.
The final verdict of the Hon'ble Rajasthan High Court is yet to come but if the constitution of AAR and AAAR is declared as arbitrary and unconstitutional, then the fate of numerous decisions rendered till date and their binding nature would be a big question that would remain unanswered.
Traders may be allowed to get registered as MSME under the MSMED Act, 2006 via udyogaadhaar Registration.
GST Circular contradicting relaxation provided during pandemic
With the COVID 19 Economic Impact hitting us - Do we have a Plan B?
TDS Section 194O | TDS on e-commerce operator
Concessional Income Tax Slab Rates for FY 2020-21 was notified by the FM in her Budget Speech. The new concessional tax rates can be availed without claiming certain deductions and exemptions.
Recent amendment in IFRS 16 and proposed amendment in Ind AS 116
Availability of ITC on expenses incurred for safety measures due COVID-19 pandemic
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