Popular Articles
80% Fee Reduction in Patent Applications - India & Abroad
This scheme is available to government (owned), government-aided, or private institutions, irrespective of whether these institutions are situated in India or anywhere in the world.
Companies (Adjudication of Penalties) Amendment Rules, 2019 - An Analysis of Rule 3
Ministry of Corporate Affairs (MCA), Government of India (GOI) wide notification dated 19th February, 2019 amended the Companies (Adjudication of Penalties) Rul...
SEBI Revised MCR for AMC’s / Mutual Funds
The circular was issued to protect the interests of investors in securities, to promote the development, regulate the securities market and bring transparency in reporting of segregated portfolios.
Examining Gujarat High Court's Ruling on Interest on Delayed Tax Refunds
The dusty plains of Gujarat witnessed a landmark legal victory for taxpayers on December 21, 2023. The Gujarat High Court, in a case with far-reaching implicati...
Is GST Mandatory for Private Limited & LLP Companies? The Truth No One Tells You!
While some banks may insist on a GST number for opening a current account, GST registration is not mandatory at the start for LLPs, Private Limited or Limited companies unless turnover exceeds prescribed thresholds.
Equalisation Levy - Most Vital Concept in International Taxation
This is perhaps the most vital concept in international taxation. Finance Act 2016 has brought a key change in the scope of international taxation. Finance act 2020 has further expanded the scope of equalisation levy.
Slump Sale - Section 50B of Income Tax Act 1961
What is a Slump Sale?According to Section 2(42C) of the Income Tax Act, 1961, a ‘slump sale’ refers to the transfer of one or more undertakings as a
Appeals under GST| How to avoid appeals?
Facts about Appeals and Revisions under GST Act and ways to interpret different section of the act along with facts of your case to get the due justice at low cost and efforts
MSME: Further revision in definition
MSME definition has further been revised by the ministry. The investments and turnover limits have been increased for the medium enterprises to 50 crores and 250 crores.
Tax Planning vide colourable device u/s 45(3) not allowed?
Is tax planning an offence or not? From the Apex Court's decision in the case of Union of India vs. Azadi Bachao Andolan [2003] 263 ITR 706 (SC), it is transpired that once the transaction is genuine, merely because it was entered into with a motive to plan tax, it would not become a colourable device, nor does it earn any disqualification.
Popular Articles
- Senior Citizen Saving Scheme From 1 July 2026 with 5 New Rules
- Income Tax Slab for Senior Citizens Above 60 Years for AY 2026-27: With Deductions, Rebates and Examples
- TDS on Cash Withdrawals 2026: Excess vs. Entire Amount
- Input Tax Credit Under GST: The One Provision Where a Buyer Pays for a Supplier's Default
- 143(2) Scrutiny Notice Received: What is it and How to Respond Online?
- New Interest Rates on Post Office Schemes from 1 July 2026
- Best Fixed Deposit Interest Rates 2026 for General and Senior Citizens: Check Which Bank Gives Higher Returns?
- F&O, Intraday and Share Trading Losses: How to Claim Maximum Tax Benefit Through ITR-3, Set-off and Carry Forward
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
