Corporate and Professional Updates on 29th January 2019 Indirect Tax Updates: The various structural changes and demand pressures over the past two years, the real estate sector is expecting… Read More
ETF Taxation in India - Simplified Overview ETFs are taxable in India. Any profit earned from the sale of ETF units and any income received through IDCW (Income Distribution cum… Read More
Corporate and Professional Updates on 25th January 2019 Indirect Tax: The government’s decision to create a national Goods and Services Tax Appellate Tribunal to adjudicate disputes is on the… Read More
Direct Tax: Case Laws on Income Tax: Orchid Infrastructure Developers Pvt. Ltd and Ajay Kumar Gupta & ORS. Vs. Union of India & ORS. Liability to pay interest u/s 234B(2A) - retrospective legislation - sub-section (2A)… Read More
Corporate and Professional Updates on 23rd January 2019 Direct Tax Updates: The Department of Income Tax made a list of Individuals who made Out High-value transactions in the financial year… Read More
Indirect Tax: FAQ’s On GST: QUES. What is considered as ‘securities’ under the Goods and Services Tax Act? Are they taxable under GST? ANS. Section 2(101) of the CGST Act,… Read More
Direct Tax: The Income Tax Department Has Come across Several Cases Where Tax Payers Have Taken Credit for Payment of "Self-Assessment tax" without actually clearing the dues, resulting in arrears… Read More
Direct Tax Updates: The Central Board of Direct Taxes may soon issue circular directing field officials not to press for payment until the case has been decided at the first… Read More
Direct Tax updates: The Return Of Income tax may get processed In 1 day now while earlie rafter 63 days, making refunds more expeditious, after a proposed integrated e-filing and… Read More
Corporate and Professional Updates on 15th Jan. 2019 Indirect Updates: The GST council Has Announced allowing the composition schemes to file one annual return with a simple explanation, while… Read More