Synopsis To run a business and make adequate tax planning, an assessee and entities may require entering into a number of transactions with outsiders as well as..
Every year towards the last quarter of the financial year mostly individual assesse run from pillar to post to make sure they have availed all the options available with them to reduce their tax liability.
In this article we will be touching upon the provisions of the Income Tax Act, 1961 relating to TDS in case of rent paid or payable by Individual/ HUF. Moving f..
In India, the system of direct taxation as it is known today has been in force in one form or another even from ancient times. In this article, we are discussin..
In this article we will be touching upon the provisions of the Income Tax Act, 1961 relating to TDS in case of purchase of Immovable property.Moving forward, th..
It is the high time of the year when taxpayers are looking for the options to save their income tax liability. Since they have to make the investment before 31s..
Introduction: BEPS is acronym for Base Erosion and Profit Shifting. Base erosion and profit shifting (BEPS) refers to tax avoidance strategies that
Return of income is the format in which the assessee furnishes information related to his total income and tax payable. It is a declaration of income by the ass..
Double taxation avoidance agreement (DTAA) - A simplistic overview of a DTAADouble taxation is a levy of tax in two or more countries on the same taxpayer in re..
This article describes the equalisation levy, its implications and procedural aspects.