Are you the one who keeps on thinking about how to evade tax? If yes, then stop doing so. The government collects tax for the... Read More
Income Tax
Encouraging policy and conducive infrastructure undoubtedly play a prime role in shaping the success ladder of a startup company in the developing economy like India.... Read More
Irrespective of whether we like it or not, the law demands payment of taxes on time. The two terms- tax avoidance and tax evasion are... Read More
NRI’s would remit funds for various reasons such as maintaining their family, or repaying the loans, etc. As time passed by, real estate has become... Read More
Liability to pay tax in India depends on the residential status of the taxpayer. The residential status of the taxpayer determined by the physical presence... Read More
Section 147 and 148 of the Income Tax Act permits the Income Tax Department to reopen and reassess one’s IT returns which already filed. Stay tuned... Read More
Most people want to be a good friend. It means you are the friend that is called when someone is in jail. Unfortunately, you may... Read More
Capital Gains vs. Business Profits
3 min read
Capital gain arising out of holding shares for a short period will not convert it into business income. An Assessee has two separate portfolios one... Read More
Form 16 is a TDS (Tax Deducted at source) certificate which is issued by an employer/bank/company as they deduct tax while making payments to its... Read More
Securities Transaction Tax (STT) is a direct tax which is levied on acquisition and transfer of securities listed on the recognized stock exchanges. It is... Read More