Articles by Vivek Jalan

Section 40A(3): Avoid Disallowance for Excessive Payments

Posted by Vivek Jalan 26 November 2024 236 Views

Learn how to avoid disallowance of excessive payments under Section 40A(3) by proving business expediency and genuine transactions. Get practical advice.

License vs Royalty: Understanding Copyright Transfer

Posted by Vivek Jalan 25 November 2024 246 Views

Discover the key differences between a software license and copyright transfer. Learn what constitutes royalty payments for tax purposes in India.

Income Tax Act Review: TDS/TCS Simplification Suggestions

Posted by Vivek Jalan 22 November 2024 264 Views

Explore suggestions for revamping the Income Tax Act, focusing on simplifying TDS/TCS provisions, reducing rates, and eliminating overlaps. Learn more!

Income Tax Act Review: Simplification & Clarity

Posted by Vivek Jalan 08 November 2024 782 Views

Discover the Income Tax Act 1961 revamp! Learn how the CBDT is simplifying tax laws, reducing litigation, and inviting your suggestions. Find out more.

Income from Renting under House Property Income or PGBP

Posted by Vivek Jalan 07 November 2024 7517 Views

Income from rental property has different connotations depending on whether it is treated as house property or business income –· Rental income f

GST Amnesty Scheme 2024: Prepare & Avoid Issues

Posted by Vivek Jalan 23 August 2024 19599 Views

Understand the new GST Amnesty Scheme 2024. Learn about preparation steps, potential issues, and how to maximise benefits. Act now!

Prepare for GSTAT Now: 3 Key Reasons for Taxpayers

Posted by Vivek Jalan 14 June 2024 1207 Views

Don't wait! Discover 3 crucial reasons why taxpayers must prepare for the upcoming GSTAT now, including pre-deposit, notification vigilance, and case readiness....

Modified ITR for Business Reorganisation: Guide to June 30, 2024

Posted by Vivek Jalan 13 April 2024 862 Views

Navigate modified ITRs for business reorganisation. Learn the steps and deadlines, including filing by June 30, 2024, for eligible entities.

Share Valuation Under DCF: Can Assessing Officers Reject?

Posted by Vivek Jalan 09 April 2024 412 Views

Discover if an Assessing Officer can reject share valuations under the DCF method. Learn about legal precedents and taxpayer defences.

Prioritise Income Tax Appeals: New CBDT Guidelines

Posted by Vivek Jalan 30 March 2024 714 Views

Discover new CBDT guidelines for prioritising Income Tax appeals. Learn how VIP references, large demands, and genuine hardship can expedite disposal.