Business Expenditure in Income Tax Act under Section 37(1)
Business expenditure -income tax act u/s 37(1) states that if a director of company hires lawyers to represent his favor in court then his/her expenditure... Read More
Value Added Tax
Major Reform – Goods and Service Tax Bill Introduced in India,
Recently, Government of India has passed the Goods and Service tax bill in India. Taxes in India were collected in two forms i.e. State Government... 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