Taxation

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Transfer Pricing in India

Transfer Pricing and Its Implication

Transfer Pricing and Its Implication

Transactions of related parties have always been looked at by the Income tax department with embowed view. The Income Tax Act, 1961[1] contains provisions,...

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Secretarial Audit

Secretarial Audit in India – Process & Benef...

Secretarial Audit in India

Secretarial Audit is a compliance audit. It is a part of total compliance management in an organization. It is an effective tool when it comes to corporate...

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Income Tax Taxation

The Concept of Tax Evasion and Tax Avoidance: Definitio...

The Concept of Tax Evasion and Tax Avoidance

Every individual desires to pay a minimum amount in tax and there is nothing wrong with that as it totally depends on what methods a person is using to red...

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Transfer Pricing in India

Transfer pricing provision in India

Transfer pricing provision

A significant volume of the trade worldwide comprises of the transactions between different enterprises within the group of the multinational enterprise (M...

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Taxation

Lakshmi Vilas Bank Moratorium: Central Government Order...

Lakshmi Vilas Bank

With a view of reducing the amount of withdrawals in the private sector, the Central Government has placed the private sector lender Lakshmi Vilas Bank und...

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Income Tax Taxation

Tax saving Scheme under section 80C

Tax saving

Tax saving is an integral part of everyone’s life. The tax saving investment can be made to save tax, as there are many deductions are mentioned under se...

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Taxation

Compound interest waiver during moratorium: Eligibility...

Compound interest waiver

The Central Government has announced certain guidelines for the waiver of compound interest, which was allocated by borrowers, who chose for a moratorium o...

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Taxation

Tax Implication on Lottery, Betting and Gambling

Betting and Gambling

The term Betting and gambling often used interchangeably, putting your bet on something of value, mostly money with the realization of risk in the hope of...

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