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Let us talk about something a little more cheerful like freebies; who does not like them. Do you know who gets the most freebie? Influencers. Free…
Let us talk about something a little more cheerful like freebies; who does not like them. Do you know who gets the most freebie? Influencers. Free…
Introduction The Concept of Transfer Pricing covers transaction between the divisions or subsidiaries of Multi-National Company (MNC) located across the globe. This transaction involves expense for…
Introduction:- A New Section 140B has been inserted in Direct Taxation by Finance Minister in the Budget 2022 for the tax to be paid to file…
I. Introduction: With the intention of taxing the digital transactions arising from increasing globalization-digitalization and industrial revolution, Equalization Levy was introduced in India in 2016 by…
Every taxpayer having an income above the exemption limit has to furnish the details of his income and the tax, to the Income Tax Department (‘the…
I. Introduction: The Government of India along with the Ministry of Finance has widened the tax base. Which has resulted in bringing more and more compliance…
There is an earnest desire among many members of the public to do charity, welfare and social good. This leads to flow of money without consideration…
Under law, identity or recognition of a person is established by relevant documents mentioned under those laws. For example passport establishes citizenship; Aadhar Card establishes residency…
Central Government has come up with a new scheme providing for some relief to employees in the country. As we all know, due to COVID-19 pandemic,…
What is Income Tax Return? Tax on incomes, earnings and gains is levied by the Income Tax Act, 1961 (‘Act’) in India and the same is…
What information does Income Tax Department have about you? | Individual Transaction Statements Vis a Vis Form 26AS Income Tax is one of the most prevalent…
I. Introduction: With Globalization-Digitalization and Industrial Revolution, there have been significant changes in working of a business. Advertisement is one of the ways through which people…