ARTICLES
Valuation of land for GST in real estate project
Valuation of Land for GST in Real Estate Project As per Entry No. 49 of List-II of Seventh Schedule ‘Taxes on Land and Buildings’ is
Why current GST Amnesty is Goldmine for Government & Graveyard for Tax Payers?
Graveyard for Tax Payers – GST Law’s backbone is the free flow of input credit. This allows for tax-free transactions and eliminates cascading effects. “Amnesty”
Set Off and Carry Forward of Losses under Income Tax Act, 1961
INTRODUCTION Losses under IT Act 1961 – This Article covers Income Tax Act Provisions that are related to carry forward and set off of losses.
Basics about Taxable Supplies in GST
In Indirect Taxes Regime tax/duty was charged on various taxable events like manufacture, sale, rendering of service, purchase, entry into a territory of State etc.
Summary of TDS provisions in GST
Summary of TDS Provisions in GST TDS provisions in GST – Under the GST regime, section 51 of the CGST Act, 2017 prescribes the authority
When is the Salary of a Salaried Person Taxable?
When is the Salary of a Salaried Person Taxable? Salaried Person Taxable – Salary can be defined as the compensation a person receives for providing