"In the realm of GST artful dance, Legal strides and ITC enhances. Compliance waltzes, strategy's chance a fiscal ballet, in law's advance." Embarking on a business venture involves more than ...

The Indian tax structure has evolved over time to accommodate the government's expanding financial needs. The method is also intended to aid in the govt's achievement of its socioeconomic objec...

Introduction For raising its general revenue Tax is imposed by the State. Taxing statutes are those which impose taxes on income or other kind of transactions. Enforced by the government, Taxi...

India being a federal country where both the centre and states have been assigned powers to levy and collect taxes through appropriate legislations. Both the levels of government have distinct ...

In the realm of income tax laws, both donors and recipients play crucial roles in ensuring compliance and transparency. To facilitate this process, the Income Tax Act introduces Form 10BD, a do...

Section 70 of The Central Goods and Services Tax Act, 2017 Section 70. Power to Summon persons to give evidence and produce documents The proper officer under this Act shall have power to sum...

"What we hope ever to do with ease, we must first learn to do with diligence."-- Samuel Johnson Introduction In the intricate world of mergers and acquisitions (M&A), the prudent manageme...

Cryptocurrencies and virtual assets are the new generation's assets and payment modes. The concept of cryptocurrency took its boom after the sudden rally of Bitcoin in 2009. The rapid growth of...

Nonprofit organizations play a vital role in society by addressing social, educational, and humanitarian needs. To maintain their tax-exempt status and effectively carry out their missions, non...

Under the old provisions, prior to the amendment, Section 147 of the Income Tax Act authorized the Assessing Officer to issue notices under Section 148 for reassessment of income that had escap...