Taxation

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Taxation

The Principles of International Tax Planning

Tax Planning

Trade between two or more countries attracts international tax. In the current scenario, it is impossible for a country to not have any international trans...

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Taxation

Procedure of Collection and Recovery of Tax

Recovery of Tax

Generally, upon the completion of the Income-tax assessment, the tax department issues a notice u/s 156 of the ITA 1961 for the enforcement of collection o...

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ITAT

Already existing remedy, ground to dismiss Writ? Suprem...

Dismiss Writ

The Supreme Court of India pronounced a judgement on 1st February 2023 in the case titled “M/s. Godrej Sara Lee Ltd. v. The Excise and Taxation Officer C...

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Secretarial Audit

What is the procedure of a Secretarial Audit for a Publ...

Secretarial Audit

A Secretarial Audit secures non-financial aspects of the business impact on the Company's performance and verifies compliance with applicable laws, regulat...

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Taxation

Income Tax on Profits and Gains of Business or Professi...

Income Tax on Profits and Gains of Business or Profession

The word,’ business’ is defined under Section 2(13) of the Income Tax Act. According to it, business means any trade, commerce or manufacture or concer...

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Taxation

Section 35D Deduction – For Preliminary Expenses

Section 35D Deduction – For Preliminary Expenses

A massive amount of money and capital is required during the incorporation or starting of any business. Various expenses are incurred by businessmen for th...

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Taxation

International tax planning strategies for Global Compan...

International Tax Planning

Companies that conduct business in multiple nations face a significant obstacle when it comes to corporate international tax planning. They must strategica...

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Taxation

Windfall Tax: An Overview

Windfall Tax: An Overview

The government levies a windfall tax on business entities due to abnormal gains from financial windfalls. The main objective of such a tax is reallocating...

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