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Articles by Amit Rai

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[Solved] Practical Issues in Implementation of Section 50C of the Income Tax Act

Posted by Amit Rai 28 October 2020 19607 Views

Section 50C is applicable only to land or building or both. Some practical aspects with regard to the implementation of provisions of section 50C are solved here.



Unexplained Cash Credit- Section 68 of the Income Tax Act

Posted by Amit Rai 05 August 2020 14964 Views

Section 68 of Income Tax Act is one of the debated section which brings huge numbers of litigation and judgments, especially in case of Demonetisation, we have seen a number of assessment orders have been passed by the assessing officer invoking section 68



Key takeaways from RBI Relief Package

Posted by Amit Rai 23 May 2020 2308 Views

RBI has taken to further measures to ease the financial stress caused by COVID-19 disruptions by providing relief on debt servicing and improving access to working capital; and steps to ease financial constraints faced by state governments.



The Direct Tax Vivad Se Vishwas Bill, 2020 (Amended)

Posted by Amit Rai 25 February 2020 12154 Views

The Direct Tax Vivad Se Vishwas Bill, 2020 (Amended)




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