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Income Tax

Govt. extends deadline for online filing of Forms under...

Govt. extends deadline for online filing of Forms under Income Tax Act

The Ministry of Finance recently extended deadline for online filing of forms that fall under the Income Tax Act 1961. This decision was made considering t...

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Corporate Policy Legal

All about Principle of Lifting of Corporate Veil under...

All about Principle of Lifting of Corporate Veil under Companies Act, 2013

Incorporating a company is critical for the start-up of a business and creating a separate legal entity. Offenders have long exploited the idea of a separa...

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Finance

Can Third Party Rights Be Protected During Attachment o...

Can Third Party Rights Be Protected During Attachment of Property Under PMLA 2002?

The Prevention of Money Laundering Act (PMLA 2002) was introduced to prevent the crime of legalizing the income or profits made from an illegal source. Und...

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Taxation

Understanding the Difference between TDS and TCS

Understanding the Difference between TDS and TCS

Under the concept of income tax, the total income of an assessee for the previous year is taxable in the assessment year. The government's primary source o...

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Due Diligence Mergers and Acquisitions

Use of AI in M&A Due Diligence – Its Benefits an...

Use of AI in M&A Due Diligence – Its Benefits and Drawbacks

In recent decades, the AI in M&A Due Diligence market has been on an increasing slope. Due diligence is a crucial part of every mergers and acquisition...

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Credit Rating

Business model of Credit Rating companies

In the recent two decades, credit ratings have become increasingly crucial among investors and in the Indian financial industry. Credit rating is essential...

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Income Tax

All about Form 29B under Income Tax Act, 1961

With Form 29B, companies disclose book profits certified by a CA for a particular assessment year according to the provisions laid down under section 115JB...

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Income Tax

Know this if you are a first-time ITR Filer

Know this if you are a first-time ITR Filer

When you start earning money, remember that some part of such money belongs to the government. In simple words, you will have to pay taxes and file Income...

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