Table of Contents Deciphering Advance Tax Provisions: A Deep Dive into Sections 207 to 219 of the Income Tax Act, 1961:Navigating the Framework:Key Provisions Explained:Detailed Analysis:Conclusion: Deciphering Advance Tax Provisions: A Deep Dive into Sections 207 to 219 of the Income Tax Act, 1961: Understanding
Uneducated people are not accustomed to handle notices through Emails, Department to work out possibilities of sending notices through Registered Post. Hon’ble Madras High Court in case of M/S. Sri Ganesh Constructions, Rep. By Its Partner G. Meenakshi Sundaram Versus The Assistant Commissioner (ST)
In the digital age, the landscape of commerce has undergone a significant transformation with the rise of e-commerce platforms and digital sales. As consumers increasingly turn to online channels for their purchasing needs, contract law has had to adapt to address the unique challenges and
Table of Contents Abstract:Introduction:Key Implications:Strategies for Preparation:Optimizing Tax Strategies:Conclusion: Abstract: Digital tax proposals have significant implications for e-commerce businesses. This article explores the impact of proposals, strategies for compliance, and optimizing tax strategies. Introduction: Digital tax proposals aim to capture revenue from online sales, affecting
Comment In many judgments it is clarified that there should not be a levy of penalty without an intention to evade tax. In this judgment court again clarified that the penalty should only be levied when there is an intention to evade tax. One more
The Central Board of Direct Taxes (CBDT) has recently notified the Income Tax Return (ITR) Form ITR-6 for the Assessment Year (A.Y.) 2024-25, which will come into effect from April 01, 2024. This notification also includes the Income-tax (First Amendment) Rules, 2024, which further amend
As anticipation builds for the Interim Union Budget 2024, a significant announcement is expected to shake up the landscape of Goods and Services Tax (GST) in India. The buzz surrounds proposed reforms aimed at enhancing compliance and easing the burden on businesses, particularly small vendors.
In recent times, many taxpayers using GST portals found themselves inundated with notices and orders from the GST Department. This surge was due to the expiration of the limitation period for issuing notices and orders under Section 73 of the CGST Act 2017. Under the
Demystifying Cryptocurrency Taxation: A Guide for the Navigating Investor The meteoric rise of cryptocurrencies has ignited excitement and intrigue, attracting legions of individuals eager to dive into the decentralized waters. However, amidst the thrill of potential gains lurks a lurking beast: taxation. For the uninitiated,
IMPS Transfers via Mobile Numbers: NPCI’s Game-Changing Move Starting on February 1, 2024, the National Payments Corporation of India (NPCI) is poised to revolutionize digital transactions with the launch of Immediate Payment Service (IMPS) transfers using mobile numbers. This move promises greater accessibility, convenience, and
