Section 14A of the Income-tax Act, 1961, was inserted through the Finance Act of 2001 and has since undergone several amendments to ensure that the […]
Decoding Minimum Alternate Tax (MAT) Accounting in Financial Statements
In the labyrinth of corporate taxation, Minimum Alternate Tax (MAT) stands as an instrument that ensures businesses contribute a fair share to the country’s tax […]
Decoding the Time and Value of Supply: A Guide to GST Compliance
The framework of Goods and Services Tax (GST) has brought about significant changes in the taxation landscape, one of which is the concept of Time […]
A Deep Dive into the Concept of Supply in Goods and Services
The Goods and Services Tax (GST) revolutionized India’s indirect tax system when it was implemented on July 1, 2017. As a transformative reform, it unified […]
Death of Senior Citizen Scheme Holder: Premature Closure Clause Exemptions Explained
The Senior Citizens Savings Scheme (SCSS) stands as one of the most reliable and trusted financial products available for senior citizens in India. Designed by […]
Decoding Securities: A Deep Dive into Equity and Debt Capital
In the ever-evolving landscape of business financing, companies find themselves in constant need of capital to fuel their growth, expand their market share, and strengthen […]
The Ultimate Guide to Mutual Funds: What Every Investor Should Know
In the vast, intricate ecosystem of capital markets, mutual funds emerge as a brilliant mechanism that democratizes access to investment opportunities typically reserved for the […]
ITAT Clarifies: Submitting Written Submissions Doesn’t Mean Waiving Hearing Rights
The right to be heard, enshrined in the venerable doctrine of audi alteram partem, is one of the most enduring pillars of procedural fairness in […]
Navigating Cryptocurrency Taxation in India: What You Need to Know
India’s financial and regulatory ecosystem experienced a seismic transformation when the Finance Act, 2022, brought into force Section 115BBH of the Income-tax Act. This decisive […]
When Contracts Collapse: Understanding Void Agreements in Indian Law
The Indian Contract Act, 1872, stands as one of the most enduring pillars of India’s legal landscape, meticulously delineating the boundaries between promises that the […]