Whatsapp
Gujarat High Court on Reassessment Notices: Defining Validity and Protecting Taxpayer Rights
Introduction In a significant ruling that has implications for taxpayers and the Income Tax Department alike, the High Court of Gujarat at Ahmedabad, in its decision on reassessmen
Detention of Goods under the CGST Act – Striking a Balance Between Compliance and Fairness
Introduction The Electronic Way Bill (E-way bill), which is intended to prevent tax evasion and ensure transparency in the movement of products, has become an integral component of
Constitution of Committee of Creditor
Introduction: A creditors’ committee is a group of people who represent a company’s creditors in a bankruptcy proceeding. As such, a creditors’ committee has
INCOME FROM HOUSE PROPERTY
Introduction: Earnings from capital asset refers to any income earned from a house property, either in the form of rent or through its sale. The Income Tax Act treats any property,
TAX SYSTEM IN INDIA
The tax structure comprises the federal government, state governments, and municipal governments. In India, taxes are classified into two parts: direct and indirect taxes. Direct t
Cryptocurrency- brief overview of regulation.
Cryptocurrencies have gained a lot of traction in recent times in India which is home to one of the largest markets for cryptocurrencies in the world. According to a report, the co