24 Nov, 2023

Establishing Liaison/Branch Offices in India

In the globalized world of business, the desire to expand into new markets often leads corporations to explore opportun...

24 Nov, 2023

Role and Permissible Activities of Liaison...

In the dynamic landscape of global business, companies are constantly exploring avenues for expansion and collaboration...

24 Nov, 2023

Determining Non-Resident Indian (NRI) Status

Determining an individual's Non-Resident Indian (NRI) status is a pivotal aspect of India's tax framework, contingent u...

24 Nov, 2023

Guidelines for PAN Applications for Non-Re...

In the realm of financial transactions and income tax filings, having a Permanent Account Number (PAN) is crucial for i...

23 Nov, 2023

FAQs on Disallowance of Cash Expenses or L...

In the complex landscape of financial regulations, it's crucial for businesses and individuals to understand the provis...

23 Nov, 2023

About Annual Information Statement (AIS) f...

In the world of taxes, there's a document called the Annual Information Statement (AIS). It's like a detailed report th...

23 Nov, 2023

Intimation under Section 143(1) of Income ...

In the realm of income tax filing, understanding the intricacies of Section 143(1) and the subsequent intimation proces...

23 Nov, 2023

Provisions of TDS under GST

In the realm of GST compliance, Tax Deduction at Source (TDS) is a crucial concept. Essentially, it mandates that a reg...

Tax Benefits and Deductions for Small Business Owners in the Financial Year 2024-25

5 Sep, 2023

Tax Benefits and Deductions for Small Busi...

Introduction Small business owners play a vital role in the economy by contributing to job creation and economic gro...

Residential Status in India for Income Tax Purposes A Comprehensive Overview

5 Sep, 2023

Residential Status in India for Income Tax...

In India, determining an individual's income tax liability hinges significantly on their residential status. This compl...

Comprehensive Guide: Items Reportable in the Tax Audit Report

5 Sep, 2023

Comprehensive Guide: Items Reportable in t...

Introduction The taxation landscape is a complex and ever-evolving domain, and one crucial aspect that taxpayers nee...

GST and Beyond: The Impact of Good Record-Keeping on Your Business

5 Sep, 2023

GST and Beyond: The Impact of Good Record-...

In the modern business landscape, keeping accurate and comprehensive books of accounts is not just good practice; it's ...

The Significance and Benefits of Maintaining Books of Accounts

5 Sep, 2023

The Significance and Benefits of Maintaini...

In the realm of business, keeping a record of financial transactions has been a practice as old as commerce itself. Fro...

Sale Consideration is not Income Chargeable to Tax: A Crucial Distinction

25 Aug, 2023

Sale Consideration is not Income Chargeabl...

Brief: In a significant ruling, the Madhya Pradesh High Court has quashed reassessment proceedings initiated against an...

25 Aug, 2023

Demonetisation Deposits Not Taxable: Delhi...

Brief: In a recent ruling, the Income Tax Appellate Tribunal (ITAT) in Delhi has upheld the position that cash deposits...

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