Articles by Mayank Mohanka

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Decoding the Lesser Talked about Nuances of Union Budget 2020

Mayank Mohanka 02 February 2020 at 01:19

Decoding the Lesser Talked about Nuances of Union Budget 2020

Posted in Union Budget | 7 comments | 2021 Views

The 'Bucket-List' of a 'Business' from the Union Budget 2020!!

Mayank Mohanka 31 January 2020 at 10:24

The 'Bucket-List' of a 'Business' from the Union Budget 2020!!

Posted in Union Budget | 1281 Views

Digital transformation of Indian tax administration

Mayank Mohanka 17 December 2019 at 09:39

Digital Transformation of Indian Tax Administration: CBDT's 'Faceless e-Assessments' & CBIC's 'e-Invoicing'

Posted in Income Tax | 1575 Views

The Face of Faceless e-Assessments: Artificial Intelligence, Machine Learning & Team Based Scrutiny!!

Mayank Mohanka 11 December 2019 at 10:38

'Welcome to the New Era of 'Faceless', 'Jurisdiction-less', and hopefully 'Corruption-less' E-assessments.' In this article you will get valuable and informative insights on the difference between e-assessment and regular assessment, the benefits as well as the challenges that e-assesment will face.

Posted in Income Tax | 4 comments | 4838 Views

Vicious circle of over ambitious revenue collection target by Authorities

Mayank Mohanka 24 August 2019 at 11:25

The Vicious Circle of Setting up of Over-Ambitious Revenue Collection Targets � Revenue Authorities Over-Reaching Taxpayers- Withholding of Refunds!!

Posted in Income Tax | 1 comments | 1871 Views

Income & Expenditure pertaining to Pre-commencement business period by startups

Mayank Mohanka 21 August 2019 at 10:49

"To be curious is a good thing and to work towards satisfying ones' curiosity is even better."- Mayank Mohanka

Posted in Income Tax | 9 comments | 1753 Views

Sections 50C of IT Act resulting in Double Taxation?

Mayank Mohanka 19 August 2019 at 10:41

Sections 50C/43CA/56(2)(x) of Income Tax Act concerning Adoption of Circle Rates for Computation of Capital Gain/Business Profits/Income from Other Sources on L..

Posted in Income Tax | 1 comments | 3181 Views

Coercive Recovery Measures of Tax Collection by Revenue Authorities need to change!

Mayank Mohanka 08 August 2019 at 11:20

As per the existing Legislative framework of the Direct T

Posted in Income Tax | 4 comments | 1450 Views

Impact of constitutional amendment in Article 370 on Income Tax & GST in Kashmir

Mayank Mohanka 06 August 2019 at 11:30

The pre-amended Article 370 of the Constitution of India coming under part XXI, granted �special autonomous status� to the State of Jammu and Kashmir.�

Posted in Income Tax | 3 comments | 8183 Views

Analysis of SC Judgement holding Allowances as part of Basic Salary for PF contribution purpose!!

Mayank Mohanka 25 July 2019 at 12:26

"Is the recent SC judgement holding allowances as part of basic wages for the purpose of determination of PF contribution, contradictory with the stand of

Posted in Corporate Law | 2 comments | 3203 Views