The increasing crude oil prices has an impact on almost all the sectors of the company. The consumers being at the end of the production chain are bearing the impact. The government by reducing the taxes can keep a check on fuel prices and reduce the burden on the consumers.
Discussing the judicial pronouncement which states that supply of telemedicine with a medical kit containing pulse oximeter, glucometer constitutes as ‘mixed supply'.
New tax rules from April 2026 bring major updates in financial activities. If you have missed it in April, you must know these updates in May 2026 to stay compliant and avoid tax issues.
Compensation to the States:Is it really for loss on account of GST ?
In this article, we'll explore the deductions available specifically for Individuals and HUFs for the financial year 2023-2024.
As the deadline for filing the ITR for the Financial Year 2023-24 is fast approaching, let us look at how taxpayers maximise the income tax refund available to them.
Vide Finance Act, 2012, it was provided that the nature and source of any sum, in the nature of share application money, share capital, share premium or any such amount by whatever name called, credited in the books of a closely held company shall be treated as explained only if the source of funds is also explained in the hands of the shareholder
A trademark could be a label, a specific design or a logo, or even a symbol that is given legal protection and is used by a single brand/firm to distinguish its product/service(s) from others.
CBDT has issued certain notifications to provide for the transfer of capital assets from Air India Limited to Air India Assets Holding Limited and to clarify certain things under the Income Tax Act, 1961.
An Indian subsidiary refers to a company that is owned or controlled by another company. It is a business entity where the majority or partial ownership lies with a holding company.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English