Introduction Section 68 of the Income Tax Act, 1961 is meant for unexplained cash credits. The credit of any amount to the taxp...
IntroductionIn case, someone no longer require the GST registration, he can cancel the same. The reason for such cancellation includes no applicability of GST, shutting down of business, retiring from profession etc. In some of the cases, the tax officer can also cancel...
Introduction In the first quarter of the financial year 2020-21 on 8 May 2020, CBDT has issued and announced an Interim Action Plan&...
Introduction Digital economy refers to economy that is based on the digital computing technologies. Although these days there is an increas...
IntroductionRelated party transactions are always followed with the presumption that it is not a arm length principle and thus the provisions of tax allows prescribe that any transaction done at the market value of the good or service and is also based on the common commercia...
