Gain on Sale of Bogus Penny Shares is Subjected to be Held
The penny shares are low value shares and Investment in such shares involves huge risk, and such shares are usually subject to lot of manipulation in prices.... Read More
Anuj Mathur
Approval/ Cancellation Process Under Section 10(23C)of Income Tax Act
Learn the process of approval or rejection of applications under section 10(23C) as well as cancellation of registration u/s 10(23). Section 10 (23C) Under Section... Read More
Would GST make Imports Costlier or Cheaper? An Insight
There are different types of taxation and the duties that are sure to have effect on the imports. Whether the GST makes imports costlier or... Read More
Assessment under Section 153A of Income Tax Act, 1961
Further addition in the assessments under section 153A of Income Tax Act, 1961 is overruled if it does not contain incriminating materials. Summary: As per... Read More
Refundable Deposits are Business Income but Share Capital is Capital Receipt
Recently, Supreme Court of India has held the point that refundable deposits should be assessed as business income but share capital should be as capital... Read More
Understanding Survey and search in the Income Tax Act- What are your rights during the survey?
3 min read
Raid is the term that is often used by common people for income tax survey and search. Understanding survey and search in the income tax... Read More
Tax Reform in India – Complexities Involved in GST
After the independence this is considered to be the highly significant tax reform, as it is something to deal with the third largest economy of... Read More
One Personal Company Under Companies Act, 2013 – A Concise View
Lots of benefits are associated with the One Person Company under Companies Act that came into existence since 2013. Before going into the details of... Read More
Model GST Bill, 2016 – Important Points to Know
The fate of the GST bill, and the related flutter and chaos, needs least introduction to any economical experts around the world. It is sensational... Read More
GST for Real Estate Sector – Discussing the Impact
The impact of the GST on various industries varies, and here are some of the features of GST for real estate sector. Goods and Service... Read More
Diving Deeper: The Impact of the New Tax Bill on Dairy and Farming Income 
Bombay High Court Upholds Section 271(1)(c) Penalty for Deliberate Non-Disclosure 
Reporting of Foreign Assets by Indian Taxpayers under Section 139(1) of the Income Tax Act 
Major Changes Expected in Direct Tax Code 2025 and why these matter