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Articles by CA. Pushp Kumar Sahu

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Critical analysis of section 68 of Income Tax Act, 1961

Posted by CA. Pushp Kumar Sahu 19 March 2022 11873 Views

There was a great need and importance for introducing the provisions of section 68 under the income tax act, 1961 to safeguard and protect the interest of revenue, as assessee was engaged in harmful tax practices to evade tax in the form of Black Money, Accommodation Entries, Cash Credit Entries etc.



Need of Revisional Authorities under Tax laws

Posted by CA. Pushp Kumar Sahu 04 February 2022 1714 Views

There is an utmost importance of Revisional authorities under Tax laws (both under Income Tax Law and GST Law) to safeguard and protect the interest of revenue as they act as a reviewer of the orders passed by the lower authorities which fall under their respective jurisdictions.



Why it is important to check Form 26AS before filing Income Tax Return

Posted by CA. Pushp Kumar Sahu 08 October 2021 5585 Views

Form 26AS is the most important statement while filing an ITR. One should always match the details with it for avoiding any notices and intimations from the department.



CA Profession in the Digital Era

Posted by CA. Pushp Kumar Sahu 09 August 2021 7558 Views

The ICAI has setup a board named DAAB (Digital Accounting and Assurance Board) to take care and focus on the issues in accounting and assurance arising from the high pace of digitalisation.



Contribution of Chartered Accountants to the Indian Economy

Posted by CA. Pushp Kumar Sahu 09 August 2021 3424 Views

In India, CA's are engaged in providing services right from the inception of the business till the closure of the business. A business can never grow and prosper without a Chartered Accountant.



Concept of Tax Information Exchange Agreement in India with Tax Havens and Secrecy Jurisdictions

Posted by CA. Pushp Kumar Sahu 11 January 2021 2392 Views

TIEA’s have proven to be a boon for the Indian Tax Administration by providing sensitive financial information about the residents of India who have accumulated wealth outside India.



How tax haven countries are used for tax evasion

Posted by CA. Pushp Kumar Sahu 30 April 2020 2217 Views

There was a great need and importance to stop malicious practices of tax evasion. To combat the same, government of various countries have come forward to act accordingly and has formed and amended their treaties and agreements with other countries in order to protect the economy and revenue interest of their country.



Pricing Decision and understanding the role of Predatory Pricing

Posted by CA. Pushp Kumar Sahu 31 August 2019 3718 Views

By the term pricing decision, we mean the choices of business entities taken into consideration by them while setting the prices for their products and services.



Pricing Decision and understanding the role of Predatory Pricing

Posted by CA. Pushp Kumar Sahu 29 August 2019 2196 Views

By the term pricing decision, we mean the choices of business entities taken into consideration by them while setting the prices for their products and services.



Brief Study of Section 269ST on cash receipts

Posted by CA. Pushp Kumar Sahu 02 April 2019 42039 Views

In this article we will understand why section 269ST is introduced and what is the need of invoking such pr




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