The ITAT Chandigarh in the case of M/s Chawla Chemtech Pvt. Ltd. vs. the Joint CIT, Gobindgarh – 2016 (4) TMI 378 has held that... Read More
Your ultimate guide for CA campus interviews
6 min read
There are no magic tricks for standing out, getting noticed and landing an entry level job with a campus interview. If you do follow these... Read More
The Finance Ministry of India is responsible for the preparation and presentation of the Finance Bill every year. At the helm of financial affairs in... Read More
Penalties for tax evasion
2 min read
Tax evasion as an offence: Tax evasion is an illegal act which occurs for failure to file income tax return or altering the tax amount... Read More
The profits arising from the sale of a ‘capital asset’ are known as a capital gains. This gain is subject to income tax in the... Read More
Limited Liability Partnership or better known as LLPs, were introduced 2008 and have quickly become a common structure for businesses today. You need at least... Read More
The Hon’ble Delhi High Court on 12.8.15 in the cases of Commissioner of Income Tax – 9 (Appellant) vs. Vrindavan Farms (P) Ltd. (Respondent) being... Read More
The ITAT Mumbai in the case of Times Guaranty Ltd., Times of India Building, Dr. D.N. Road, Mumbai – 400 001, vs. ACIT, Circle 1(3),... Read More
A clear concept on salary and tax deduction at source is explained in this article. The concept of various types of income is explained along with the... Read More
Into the details of Rule 114E of Income Tax Rules 1962- Mandatory reporting of Certain Transactions
3 min read
In another attempt to bring high-value cash transactions under the purview of Income Tax in India, Rule 114E of Income Tax Rules 1962 came into... Read More