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Articles by Karan Khanchandani

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Vivad se Vishwas: Settlement of Disputes under Income Tax Laws

  Karan Khanchandani    11 August 2020 at 09:47

Recently, measures have been taken by the government to reduce and settle the pending income tax litigations by introduction of Vivad se Vishwas scheme through budget announcement, notifying it as an Act on 17th March, 2020

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Posted in Income Tax |   2256 Views


International Taxation: Decoding DTAA & Foreign Tax Credit

  Karan Khanchandani    10 August 2020 at 10:12

When the same income is taxed more than once, it creates double taxation. This may be due to when a person is taxed in more than one country for the same income which he had earned, leads to double taxation

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Posted in Income Tax  1 comments |   3105 Views


Business loss u/s 28 vs. specific deductions under the head business

  Karan Khanchandani    30 November 2019 at 11:19

Many times we fall into a confusion regarding the difference between business losses and business expenditure.

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Posted in Income Tax  1 comments |   8541 Views


Accounting Treatment of Spare Parts - Capital Spares

  Karan Khanchandani    20 November 2017 at 12:25

Kabhi kisi �EXTRA� ko �extra� mat samajhna, kyunki kya pata us �extra� ka accounting treatment �EXTRAordinary� h

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Posted in Accounts  4 comments |   59850 Views