Browse Articles Taxation Articles

01 April 2020 at 11:01

Vivad Se Vishwas Scheme - Implication on 110% Tax Rule

  POSTED BY Saurabh Goyal

What is Vivad se Vishwas Scheme? What is Vivad se Vishwas Direct Tax Act, 2020? What will be the payable tax under this scheme?

  0 comments |   30 Views

11 January 2020 at 12:07

All You Need To Know About Appeals Against the Commissioner of Income Tax

  POSTED BY CA. Brijesh Baranwal

All You Need To Know About Appeals Against the Commissioner of Income Tax.

  0 comments |   277 Views

09 October 2019 at 12:32

A Complete Understanding Of Input Tax Credit Under GST

  POSTED BY Vivek Chaudhary

What is Input Tax Credit(ITC):-ITC means deducting the tax paid on Inputs and Inputs Services from the tax payable on final output.What are conditions for claiming ITC(Section-16):-There are flat twelve conditions for claiming input tax credit under

  0 comments |   351 Views

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 |   401 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 |   118 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 |   116 Views

01 March 2019 at 15:11

Section 80EE Income Tax Deductions For Interest On Home Loan

  POSTED BY Ananya Nair

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 |   426 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 |   147 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 |   263 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 |   294 Views

01 September 2018 at 13:18

Serving of notice under various tax laws


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 |   374 Views

10 March 2018 at 12:49

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


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 |   430 Views

20 September 2017 at 13:44

Authorized economic operator program for exporter and importer


## 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 |   770 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 |   4013 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 |   624 Views

18 July 2017 at 13:31

An injustice made to Practicing Advocates in GST Act


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 |   929 Views

17 July 2017 at 17:55

GST and its impact on business loans


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 |   715 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 |   2647 Views

30 March 2017 at 12:13

Quasi-Judicial Proceedings And The Duty To Act Fairly

  POSTED BY ayushi


  1 comments |   1530 Views

27 February 2017 at 13:39

Ease of doing business: Delhi VAT


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 |   133 Views


  LAWyersclubindia Menu