Popular Articles

Need for corporate governance

Posted by Amitav Ganguly 17 July 2015 10352 Views

• Corporate Governance is the latest trend and the watch word in the business in India and abroad, through the entities of companies. Good governance guides a company’s directions in such a way that it can fulfil its goals and objectives

Union Budget 2021 | How is the Union Budget Prepared?

Posted by CCI Team 01 February 2021 10351 Views

While the Budget presentation is a one-day affair, months of preparation go behind it. In this article, we will take a complete look at how the budget documents are actually prepared.

Industry wise analysis of GST rate notifications applicable from 1st Oct 21

Posted by Vivek Jalan 07 October 2021 10350 Views

CBIC has issued Notification No's 06/2021 - Central Tax (Rate) to 12/2021 - Central Tax (Rate) to give effect to changes recommended in the rate of goods and services by the 45th Council Meet.

Piercing the Corporate Veil in Taxation Matters

Posted by Guest 02 May 2014 10349 Views

INTRODUCTION The concept of taxation is not new in modern India. Tax was basically defined as the burden or charge imposed by the legislative power on persons or property, to raise money for public purposes, whereas taxation&rdqu

Input Tax Availability on Transportation of employees

Posted by Pradeep Jain 23 December 2020 10348 Views

The issue regarding allowing of availability of input tax credit relating to the facilities provided to the employees by the companies has been a point of dispute between the taxpayers and department since inception of GST regime. AAR has always given a regressive ruling i.e. not in favour of taxpayers

CBDT rescinds Transfer pricing circular

Posted by Rahul Chilal 10 July 2013 10348 Views

History: CBDT had issued 2 circulars on 26th March 2013 relating to the selection of transfer pricing method to be adopted by Tax authorities for determination of Arms Length Price in case of research & Development units of MNCs lo

New Amnesty Scheme w.e.f. 1st April 2023

Posted by CA Umesh Sharma 03 April 2023 10345 Views

GST Council held its 49th GST Council Meeting on 18th Feb 2023 & now it has issued notifications on 31-03-2023. What are these notifications?

What is the new snag of TDS on purchase of goods?

Posted by CA Umesh Sharma 17 February 2021 10345 Views

Analysing the new provision for TDS i.e. Section 194Q, that has been proposed in the Union Budget 2021-22 and what will be its impact on the taxpayers.

Farmers free to "sale" Commission agent / Traders in TDS "trail"

Posted by CA Umesh Sharma 22 January 2017 10343 Views

Arjuna (Fictional Character): Maharashtra Government has changed the working system of farmers, Commission agents as well as traders. What are the consequences ...

Supreme Court lays down guidelines for operation & safety of locker

Posted by FCS Deepak Pratap Singh 12 March 2022 10343 Views

A customer for security of his /her valuables approaches the banks and ask for safe deposit lockers. It is duty of the banks same as bailee to provide security and safety to the valuables kept in safety lockers of their customers.