In the course of business, it happens that many payments are made outside India. When payments are made outside India, there are certain compliances that need to be followed and tax deduction is required for any amount that is taxable under the Income Tax Act.
The honorable finance minister Shri Arun Jaitley presented the budget on 1st February�2018. There were not much tax incentives for the taxpayers. Still,
The new tax regime offers lower tax rates but fewer deductions compared to the old regime
Ministry of Corporate Affairs has issued notice to approximately 3000 companies due to non compliance of provision of Section 96(1) for not holding of AGM within Due date.
In this article, we analyze some of the recent updates, statements, and measures taken by the Union Finance Minister Smt. Nirmala Sitharaman on account of reviving the Indian Economy.
The principles of natural justice forms an integral part of procedural fairness and justness, thereby excluding the scope of arbitrariness. Even though the right of hearing, which forms a part of the principles of natural justice, before an order is passed under some of the provisions of the Income-tax Act 1961
As personal financial catastrophes are almost always unpredictable, one must consider getting prepared for the same beforehand. This will lessen its impact and reduce uncertainty and stress. In this regard, individuals can follow the aforementioned pointers and plan better.
I would simply start with a seed of thought in our minds by the following " Managing your time without setting priorities is like shooting randomly and c
A Question arises whether the powers of NCLT are more than the powers of a civil court?
Section 115W(a)(iii) of the I T Act specifically exempts funds ,trusts or institution eligible for exemption u/s 10(23C) or registered u/s 12AA of the I T Act . The Board vide circular no 8/ 2005 clarified under question number 4 as follows :Whether
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