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Income Tax

Know the Various Types of Income Tax Assessments

Know the Various Types of Income Tax Assessments

An assessee earning beyond the basic exemption limit in a Financial Year is required to file a statement that contains his income details, deductions and o...

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Startup

Top Registration Mistakes Made by Startups

Top Registration Mistakes Made by Startups

Every year huge amount of money is invested in innovations, applications etc. Investments help your ideas to be implemented, but today entrepreneurs are su...

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FEMA

Compounding of Contraventions under FEMA, 1999

Compounding of Contraventions under FEMA, 1999

Compounding refers to settlement of the offence committed by the contravener by imposing monetary penalty instead of going to litigation. It is a voluntary...

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NBFC

All you need to know about NBFC DSA Registration

All you need to know about NBFC DSA Registration

NBFC DSA denotes Non-Banking Financial Companies Direct Selling Agent. NBFC DSA Registration refers to the registration of person working as a referral age...

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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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