Taxability of Compensation Received for Compulsory Acquisition of Non Agricultural Land
The central Board of Direct Taxes (CBDT) has clarified that the compensation received against acquisition (Including compulsory acquisition) of non-agricultural land is exempt from the... Read More
Skumar
Tax Position of a business established in a SEZ which Does not export its goods but sells only in India
Can a business established in an SEZ sell goods in Domestic Tariff Area (DTA) that is within the country, and still claim all the tax... Read More
Penal Provisions for Benami Transactions under Benami Transactions Prohibition Act 2016 to Unearth Fraud Transactions
In a bid to cleanse the economy, the Indian government had demonetized 86% of the currency in circulation and tried to bring every rupee accounted... Read More
Rights of Assesse in case of any Proposed additions to the Returned Income
The assessing officer has a legal obligation to pass a draft order before he passes an assessment order to make Additions to the Returned Income... Read More
Usual Tricks to Convert Black Money into White Legal Money
Some Common Tricks to Convert Black Money in White Money The growth of unaccounted money or black money has resulted in the creation of a... Read More
Fast and Cost Effective ways to Transfer Money abroad
Fast and Cost Effective Ways to Transfer Money abroad With globalization and digitalization reducing the world to a global village, accessing products and services from... Read More
Tax Planning- the legal Alternative to Tax Avoidance or Tax Evasion
The growing instances of accumulating huge unaccounted money or black money has made it necessary to specify the differences between tax Avoidance and Tax evasion,... Read More
How Can NRIs Apply for PAN Card and Deal in Securities and Property in India
Can NRIs apply for PAN Card?-Permanent Account Number or PAN card is mandatory not only for Indians and Indian residents, but for Non- Resident Indians... Read More
When Should You Pay Penalty with Retrospective Effect Under the New Explanation for 5A of 271 (1)(c)?
The union Budget presented in the year 2009 amended the explanation given in 5A of the 271 (1) (c) of the finance act making concealment... Read More
Complete Guide for GST Registration Process- how to enroll, documents required etc explained
3 min read
Who Needs to register for GST, How to Register; Registration Process and how to sign GST Documents electronically As the government inches closer towards implementing... Read More
Major Changes Expected in Direct Tax Code 2025 and why these matter 
Can an assessee pay House Rent to his parents and claim relief? Would there be any legal complications? 
Boost Your Business & Reduce Taxes: A Guide to Maximizing Benefits Under Section 80JJAA 
What is remedy to taxpayer if the Tax deductor fails to deposit the TDS or fails to file TDS Return