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05 September 2019 at 15:36

Some important legal maxims and their use in taxation & commercial litigation

  POSTED BY Lakshay Kewalramani

Legal Maxims are the base for learning any jurisprudence. A Legal Maxim is an recognized principle or proposition of law. Latin maxims were developed in the Medieval era in European countries that used Latin as their language in courts of law.

  0 comments |   153 Views


03 May 2019 at 15:26

Changes in GST brought in by 32nd GST council meeting and its impact

  POSTED BY Arunesh Roy

IntroductionPost-independence there were varied structures of indirect taxes prevailing in India such as Sales tax (subsequently changed to VAT ) charged on

  0 comments |   87 Views


03 May 2019 at 15:26

Angel Tax - A Bane or Boon

  POSTED BY Arunesh Roy

The Department for Promotion of Industry and Industrial Trade (DPIIT), under the aegis of ministry of commerce and Industry issued a notification on February’ 19, 2019 that will go on a long way to prove a boon to Startups fr

  0 comments |   85 Views


01 March 2019 at 15:11

Section 80EE Income Tax Deductions For Interest On Home Loan

  POSTED BY Rupa Sharma

WHAT IS SECTION 80EE?Under section 80EE, an individual can claim deduction on the interest portion of the home loan taken from any financial institution or a housing finance company. The maximum deduction allowed under this section is up to Rs.50000

  1 comments |   315 Views


06 February 2019 at 11:45

Interim Budget Politics - Somewhat good and somewhat not

  POSTED BY Mahesh Kapasi

​​​​​​​The Interim Budget 2019-2020 is a political budget in view of ensuing elections

  0 comments |   114 Views


04 February 2019 at 11:37

Key Highlights of interim Budget 2019

  POSTED BY Vivek Chaudhary

Interim Budget Highlights-2019Direct Tax:- 1. Tax Rebate on total income up to 5,00,000/-(Section 87A).2. Standard deduction for salaried increased from 40,000 to 50,000.3. Notional rent not payable on holding up to 2 House properties.4. TDS threshol

  0 comments |   235 Views


24 October 2018 at 15:23

GST Registration for Professionals

  POSTED BY CA. Brijesh Baranwal

MEANING OF PROFESSIONALSProfessionals for the tax purposes in India include Architects, Chartered Accountants, Company Secretaries, Cost Accountants, Doctors, Engineers, Lawyers, Technical Consultants, Interior Decorators, Film Directors, Cameramen,

  1 comments |   238 Views


01 September 2018 at 13:18

Serving of notice under various tax laws

  POSTED BY ADV. SANKET S. BORA

In the recent landmark judgement by the Hon�ble Bombay High Court, in the case of SBI Cards & Payments Services Pvt. Ltd. v. Rohidas Jadhav.F

  1 comments |   237 Views


10 March 2018 at 12:49

Myths of ULIPs That Keeps Tax Savers from Earning Great Returns While Saving Tax

  POSTED BY Guest

Unit-Linked Insurance Plans (ULIPs) are a great product offering the dual benefits of insurance and investment. However, there are various myths which are floating around ULIPs, stemming from the misunderstanding about their liquidity, objective, ret

  1 comments |   407 Views


20 September 2017 at 13:44

Authorized economic operator program for exporter and importer

  POSTED BY RAJNISH KUMAR

## What is AEO (Authorized Economic Operator?)AEO is facilitation scheme i.e. holder of this certificate is entitled for certain privilege, benefits and exemption on account of import and export, In India, AEO certification is Three-Tier AEO (T1, T2

  1 comments |   691 Views


09 August 2017 at 16:57

Complete guide on impact of GST on media & entertainment

  POSTED BY Karan Sahi

IntroductionThe Indian Media and Entertainment (M&E) industry is a sunrise sector for the economy and is making high growth strides. Proving its resilience to the world, the Indian M&E industry is on the cusp of a strong phase of growth, back

  0 comments |   3751 Views


24 July 2017 at 12:15

Why do lawyers need to be brought under the GST compliance ambit?

  POSTED BY Karan Sahi

Introduction The complex nature of India's GST - which has four tax brackets ranging from a 5% to 28% - is bound to attract thousands of lawsuits in a legal system already grappling with a backlog of more than 24 million cases. Even before the pl

  1 comments |   561 Views


18 July 2017 at 13:31

An injustice made to Practicing Advocates in GST Act

  POSTED BY S. GOKARNESAN

An injustice made to Practicing Advocates in GST Act - They cannot become a Member of the Appellate Tribunal directly from the Bar. Current provisions on Recruitment of Members to Hon�ble CESTAT� AND The provisions in the �Cent

  3 comments |   903 Views


17 July 2017 at 17:55

GST and its impact on business loans

  POSTED BY Guest

Goods and Services Tax (GST) is now applicable to all goods and services transactions happening throughout the nation. This tax replaces themultitude of indirect taxes levied on goods, transport, and financial services across the country and states.

  2 comments |   634 Views


17 July 2017 at 17:23

Whether the advocates are totally outside GST?

  POSTED BY Jameskutty Antony

There is a common notion that the Advocates are totally out of GST. However, if you analyze the provisions carefully, it can be seen that the statement is not fully true. Some of the services provided by

  3 comments |   2466 Views


30 March 2017 at 12:13

Quasi-Judicial Proceedings And The Duty To Act Fairly

  POSTED BY ayushi

A FAILURE TO ACT FAIRLY WOULD BE ‘FAILURE TO ACT IN ACCORDANCE WITH LAW’ AND FAILURE TO MAKE A DECISION IN ACCORDANCE WITH LAW WOULD BE CON

  1 comments |   1241 Views


27 February 2017 at 13:39

Ease of doing business: Delhi VAT

  POSTED BY RSJ LexComply

As we know that every dealer is required to get himself registered under DVAT, if his turnover exceeds taxable quantum i.e. Rs. 20 lakh in current year; or to pay tax, or is registered or required to be registered under Central Sales Tax Act, 1956.De

  0 comments |   113 Views


26 November 2016 at 13:47

Highlights Of The Benami Transactions (Prohibition) Ammendment Act, 2016

  POSTED BY Adv. Jasmeet Singh Hora

The government strategy now seems clear; it aims at taking strong action against benami property as soon as the demonetisation drive gets over. The Benami Transactions (Prohibition) Amendment Act, 2016, designed to curb black money and passed by parl

  2 comments |   1522 Views


07 November 2016 at 11:38

Chartered Accountants Monopoly to practice GST Law is Undesirable

  POSTED BY Deepak Bapat

Chartered Accountants Monopoly to practice GST Law is Undesirable All the Ministers, MP�s, MLA�s and Judges in India are under wrong impression that only Chartered Accountants are in practice of taxation. Therefore, the taxation l

  11 comments |   1182 Views


25 October 2016 at 11:29

Why fool tax payers is the major question, tax payers themselves question.

  POSTED BY dr g balakrishnan

WHEN NOTHING IS CERTAIN of PERPETUAL USE (OBVIOUSLY CONTROLLED BY �LOC�; WHAT TAXATION ACHIEVES FOR YOU, YOU NEED TO KNOW, WHEN YOU ARE PERPETUALLY TAXED MORE and MORE FOR THE VERY �SAME OR SIMILAR� PURPOSE(S)? HOW WOU

  11 comments |   248 Views










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