The e-assessment scheme marked a significant shift from the traditional manual assessment system to a technology-driven, faceless, and jurisdiction-free model, aligning with the broader vision of Digital India and ease of doing business.
A very significant change that was brought in by the Union Budget 2024 was related to Long Term Capital Gains (LTCG) on the sale of immovable property and its taxability.
Think All Wedding Gifts Are Tax-Free? Think Again! Parents, You May Have to Pay Tax on That Shagun
This article delves into the legal provisions, latest notifications, and practical aspects governing GST on e-commerce transactions, offering a comprehensive guide for sellers and operators alike.
Discover why May is a crucial month for taxpayers! Learn about the 31st May 2025 deadlines for TDS return filing and SFT reporting, penalties for non-compliance and how timely tax compliance can protect you from financial heat.
To claim ITC legally and correctly, certain conditions must be met and specific documents must be maintained.
RCM on metal scrap from unregistered dealers and 2% TDS on B2B supply notified under GST. Learn rules, GSTR-7 filing, penalties, and latest updates.
How does the trust structure compare with company structure in terms of investor protection and transparency?
In this article, we shall examine what an ADT 1 is and what role it plays in annual returns.
This article details the applicable provisions, processes, and guidelines under FEMA, excluding the requirements under the Companies Act, 2013. As the process under Companies Act, 2013 has been shared in detail in separate Articles.
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