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Taxation

Tax Implications of Sale of Immovable Property by Non-R...

Tax Implications of Sale of Immovable Property by Non-Resident Seller

Because of the extensive provisions of the Income Tax Act of 1961 regulating the taxation of non-residents, most NRIs are confused by the legal rules gover...

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GST

Supreme Court refuses Bharti Airtel’s plea for a GST...

Supreme Court refuses Bharti Airtel’s plea for a GST refund of Rs. 923 crores

The Supreme Court, on 28th October 2021, prohibited Bharti Airtel, the country's top wireless telecom provider, from claiming a refund of rupees 923 crores...

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Finance

What are the Tax-Saving Investment options for Young Pr...

What are the Tax Saving Investment options for Young Professionals

Considering the fact that the costs of living has went up and due to the high inflation rates in the market, making informed decisions has become all the m...

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RBI Notification

RBI Launches ‘HARBINGER 2021’- Its First Gl...

RBI Launches 'HARBINGER 2021'- Its First Global Hackathon

The Reserve Bank of India recently announced the launch of HARBINGER 2021- its first global hackathon. The theme of this global hackathon will be Smarter D...

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GST

Issuance of Form GST APL-02 could be simplified

Form GST APL-02

In the case of a dispute about the amount of GST payable, penalty under the Act, or an order issued by a GST Officer, the taxpayers registered under GST ha...

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Income Tax

Taxability of Dividend in Income Tax Returns

Taxability of dividend

As a taxpayer, one may be unclear about the taxability of dividend income and also how to report dividend income on the income tax return for a financial y...

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Finance

PML Act 2002: Special Courts, Role of Police, Duty of o...

PML Act 2002 Special Courts, Role of Police, Duty of other Departments

The legal denotation of the term Money Laundering is to process illegally obtained money through a legitimate business or send it to a foreign account and...

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Taxation

E-Settlement Scheme for Small Taxpayers

E-Settlement Scheme for Small Taxpayers

Recently CBDT (Central Board of Direct Taxes) announced the introduction of the e-settlement scheme, 2021. This scheme is aimed to settle pending applicati...

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