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Analysis of Tax on Exempt Income u/s 14A Read with Rule 8D under Income Tax Act, 1961 It is well established governing principle of income tax act where it...
In India, Income tax is levied by the Central Government and the State Government. Some minor taxes have to be paid by people belonging to a particular reg...
Why will Investment in under-construction property not be treated as Purchase? As per section 54 of the Income Tax Act, 1961[1] acquisition of new flat in...
Under the provisions of the Income Tax Act, 1961[1] an assessed can acquire a Capital Asset as defined under section 2(14) of the Act with or without consi...
According to the provisions of the Income Tax Act 1961, income tax return filing is levied on the income of a person by the Government of India. It is levi...
Share Premium is a capital receipt. Start-ups are issuing shares at a premium. In recent times, the Government of India has been proposing various incentiv...
An individual can take benefit of an income Tax Refund once his tax liability is below actual taxes which he has paid. This happens when the advance tax, s...
Rules and regulations related to income tax raid or search and seizure was first framed in the Income Tax Act, 1956 by the Income Tax Department....
The Securities and Exchange Board of India (SEBI) issued a circular on May 2, 2025, simplifying...
Experiencing the loss of a loved one is one of the deepest emotional hardships a person can fac...
On January 16, 2025, the Reserve Bank of India (RBI) released the list of Non-Banking Financial...
Over the decades, the Oil and Natural Gas Corporation (ONGC) has been a key pillar in the portf...
The Reserve Bank of India, on April 11, 2025, posted a Press Release No. 2025-2026/96 on their...
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