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Income Tax Taxation

Taxability of Land or Building Sale-Section 50C

Taxability of Land or Building Sale-Section 50C

Due to the large population of India, there has always been massive demand for real estate. Therefore it is imperative to know the aspects relating to taxa...

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Income Tax

Understanding the concept- Securities Transaction Tax (...

Understanding the concept- Securities Transaction Tax (STT)

Some taxpayers resort to measures of tax evasion to save their outflow to the government. Therefore the government keeps a tab on such practices by deployi...

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Compliances

An In-depth study of Legal Compliance Reporting

An In-depth study of Legal Compliance Reporting

The multiplicity of law, rules and regulations etc., have necessitated the introduction of a system to ensure legal compliances of laws and therefore every...

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Import Export Code

DGFT introduces E-tariff rate quota (TRQ) system for im...

DGFT introduces E-tariff rate quota (TRQ) system for imports

The Director General of Foreign Trade recently introduced the online e-tariff rate quota system for imports. Applicants seeking tariff rate quota for impor...

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Corporate Tax

Corporate Tax in India: Everything you need to know...

Corporate Tax in India: Everything you need to know

There are various types of taxpayers registered with the income tax department in India, and they pay taxes at different rates. Taxes on income, wealth and...

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Income Tax Taxation

How does Income Tax Department trace your High Value Tr...

How does Income Tax Department trace your High Value Transactions?

Did you ever wonder how income tax department gets information regarding your high value transactions? Well, we all know that they are not unaware about su...

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Legal

Understanding the various aspects of Surety’s Lia...

Understanding the various aspects of Surety's Liability

The Indian Contract Act of 1872 talks about the Surety's liability & rights & in this article, we will analyze the nature & extent of the Suret...

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RERA Registration

Consumer Court or RERA: Where can homebuyers go?

Consumer Court or RERA- Where can homebuyers go?

After the enactment of Real Estate Regulatory Authority, real estate firms have taken stand that the consumer forum has no right to administer to the compl...

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