Various perks and allowances are offered to the officials by the PSU's. Let us discuss how they are taxed under the Income Tax Act, 1961.
The government on regular basis amends and updates the provisions of GST. The latest amendments and updates on the GST Portal are discussed here.
How to use Copy, Paste Functions in GSTR 4 Offline Utility (Annual Return)?
TCS u/s 206C (1H) will be effective from 1st October 2020 onwards. Let us discuss some of the things that are not clear regarding this provision.
The telecom major Vodafone won a long-pending case against the Indian government in an international court over Rs.22, 000 crore in a retrospective tax dispute. Let's take a look at what happened.
The income of a previous year is assessed in the assessment year following the previous year. However, there are certain exceptions to this rule. Let us understand those.
Understanding section 68 of The Income Tax Act, 1961 with case laws and illustrations.
There are numerous situations under which it is not possible to find out the real person to access tax on, due to various reasons. Read the article to know who may be liable under these circumstances.
The Faceless Appeal Scheme, 2020 came into effect via a notification dated 25.09.20. Know all about the scheme here.
What is the taxability of Cost and Profit Petroleum under the GST Regime? Read the article to know all about it.
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