Latest from Tax laws

Assessment and Taxation of HUF

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Under section 2(31) of the Income-tax act, 1961 Hindu Undivided Family (HUF) is treated as a 'person'. A Hindu Undivided Family is assessed to income tax as a separate independent unit. The mea...

GST on Food Service

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GST on Food and Restaurants:Good and Services Tax on food services items in India can be 5%,12% or 18%. Its depends upon the location of the restaurant and its establishment type, location and ...

Case Analayis: CST v/s Sai Publication Fund

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Trusts which are formed for the "advancement of any object of public utility" are recognised in India as charitable trusts and they are exempted from making payment of taxes. They're ...

Taxation v/s Cross Border Mergers

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With the intent of attracting foreign investors, the Indian government has always responded by liberalising domestic regulations and attempting to mitigate potential conflicts in the phase of m...

Input Tax Credit: How To Claim It Under GST?

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Since GST has been discussed across the country, the input tax credit is also discussed at same level. In essence, ITC is very important part of GST. One of the main reasons, why GST is good fo...

GST Impact On Women

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Taxes are the lifeblood of government and no taxpayer should be permitted to escape the payment of his just share of the burden of contributing thereto. ...

Sources of International Tax Law

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International trade has existed from the most ancient civilization of the world like Harappan, Mesopotamia, Egyptian and Roman civilizations. However, the volume of international trade was not...

Transfer Pricing Aspects Of Business Restructuring

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It is highly essential for multinational enterprises to come up with different workable business strategies to compete in today's economy. One such strategy is business restructuring. Business ...

Haryana Property Tax Conundrum: A Travesty Of Natural Justice And Right To Eq...

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Property tax in Haryana is governed by Urban Local Bodies Act 1994 as amended in Oct 2012 and Oct 2013 Govt Notification. The 1994 Act was drafted when standalone properties such as bungalows',...

Critical Analysis Of Baseball Arbitration From The Perspective Of Resolving T...

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History Of Baseball Arbitration Arbitration and specifically Last Best Offer Arbitration, has historically been used to resolve disputes between unions and management and is best known for res...