Companies Act 2013 – Section 139 a closer look
A simple understanding of section 139(1) of the Companies Act 2013 provides the below-mentioned points, regarding the appointment, term, duration and rotation of the auditors:... Read More
Income Tax
- Your guide to understanding and filing income tax returns.
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Lifting Corporate Veil- Possible in case of Fraudulent conduct, Misrepresentation by Directors
3 min read
Piercing the corporate veil is the most widely used doctrine in corporate law for deciding whether shareholders could be liable for all the commitments of... Read More
Has Penalty u/s 271(1) (c) become a mandatory result of Non filing of Quantum Appeal?
It has become a common mindset to make the Assessee liable to Penalty u/s 271 (1) (c) in all the cases in which he/she abstains... Read More
Things you should know regarding Income Tax Appeal
‘Appeal’ as per the One Law Dictionary is defined as a proceeding which is taken to amend a wrong and incorrect decision of a court... Read More
Some ridiculous taxation laws around the world
Are you upset with some ridiculous provisions in the Income tax or other indirect taxes acts? Are you upset with the functioning of the Income... Read More
Euphoria is getting Income Tax Appreciation letter and Income Tax refund which lasts till you realize it was your own money to begin with
The Certificate Category has got no relation with the Tax Compliances or the honesty with which tax deposit has been done by Tax Payer. Assuming... Read More
Benami Transactions– everything you need to know about these transactions
According to the reports– the number of Benami Transaction have touched peak over the past few years which has raised the concerns of the government. The Government of... Read More
Process of Applying TAN and FAQs regarding TAN Application Form 49B
Tax deduction Account number (TAN)- Every assesse whether a Central or state government or a local authority, Statutory or an Autonomous body, Company, or any... Read More
Relaxation u/s 119(2)(c) can be claimed only within the prescribed time period
It is a common thing that taxpayers’ delay in filing their income tax refund claims for. Likewise filing of tax by some of the taxpayers... Read More
Click here to know- How to Reduce Tax Burden on your NPS Maturity Amount
….before we discuss more on the Ways to Reduce Tax Burden on your NPS Maturity Amount let us first know a bit about Pension and... Read More
Forfeiture of Gratuity by Employer- What are the Remedies for an employee- Can employer be challenged? 
Employer can forfeit gratuity of an employee in case of moral turpitude 
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