Small businesses form the main component of the Indian economy, giving employment to millions of people and contrib...
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Section 10(23C) of the Income Tax Act provides for the exemption of income earned by certain categories of entities...
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Section 11 of the Income-tax Act is a provision that provides an exemption from income tax to entities engaged in c...
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Tax Deducted at Source (TDS) is a mechanism implemented by the Indian government to collect taxes at the source of...
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Section 40A(2) talks explicitly about the payment of an expenditure to a related person. This means that if you hav...
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Prior to GST, there were a lot of taxes, and different states charged different taxes. Now, after July 1, 2017, whi...
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International corporate taxation is a complex and evolving field that plays a crucial role in the global economy. A...
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Corporate tax is a fundamental aspect of the financial landscape for businesses worldwide. It refers to the tax lev...
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Section 69A of the Income Tax Act is a significant provision that addresses tax implications related to goods owner...
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The case of Income Tax Officer vs Vikram Sujit Kumar Bhatia is a landmark decision by the Supreme Court of India th...
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In a recent ruling, the Income Tax Appellate Tribunal (ITAT) has provided clarity on the applicability of Tax Deduc...
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The Wealth Tax Act of 1967, enacted by the Government of India, was an important step towards promoting the equitab...
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In the realm of tax litigation, the case of Deputy Commissioner of Income Tax vs M/S Pepsi Foods Ltd holds signific...
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Cryptocurrencies have gained significant popularity and recognition globally, including in India. As the adoption o...
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