10 Mar, 2023

Important Sources of Funding For Startups ...

Starting a new business is an exciting venture, but it can also be financially daunting. Startups require a considerabl...

9 Mar, 2023

Capital or Revenue Receipt: Interest on Fi...

A filed appeal challenges the order passed by the Income Tax Appellate Tribunal on November 29, 2019, for the Assessmen...

Acquisition of Immovable Property by NRI or OCI in India

9 Mar, 2023

Acquisition of Immovable Property by NRI o...

Acquiring or transferring immovable property by Indian residents outside India and non-residents in India is considered...

NRE Account: A Detailed Guide for NRI Maintaining NRE Account

7 Mar, 2023

NRE Account: A Detailed Guide for NRI Main...

The Non-Resident (External) Rupee Account Scheme, or NRE, is governed by Part II para 4 of RBI FED Master Direction No....

Debit Note in GST and Credit Note in GST

7 Mar, 2023

Debit Note in GST and Credit Note in GST

Debit note and credit note are documents used in Goods and Services Tax (GST) to record changes in transactions. A debi...

Tax Invoices: Time of Issue of Invoice Under GST

6 Mar, 2023

Tax Invoices: Time of Issue of Invoice Und...

The time of issue of an invoice is a crucial aspect under the GST regime as it determines the time of supply and th...

Types of Invoices in GST

6 Mar, 2023

Types of Invoices in GST

The GST regime has brought about many changes in the way businesses in India conduct their operations. One of the most ...

FDI in Startup Company: Regulations and Reporting Requirements

3 Mar, 2023

FDI in Startup Company: Regulations and Re...

Foreign Direct Investment (FDI) is an important source of capital for startups in India. The government has introduced ...

Buyer is Liable to Deduct TDS of Non-Resident Indian (NRI) on Sale of Immovable Property: Ignorance of Law is No Excuse

3 Mar, 2023

Buyer is Liable to Deduct TDS of Non-Resid...

The Bangalore ITAT recently dismissed an appeal by Nitesh Estates Ltd., a real estate company, that was subject to Sect...

This Ruling Will Help NRI Selling Immovable Property and Receiving Sale Consideration in Cash

1 Mar, 2023

This Ruling Will Help NRI Selling Immovabl...

The Income Tax Appellate Tribunal (ITAT) in Bangalore has allowed an appeal filed by an NRI-assessee and deleted the pe...

28 Feb, 2023

No TDS on Payment to Irish Company Faceboo...

During the year, an assessee paid Rs. 67,68,768/- to an Irish company for advertisement services without deducting tax ...

Cancellation of GST Registration without any determination of the amount payable is hardly sustainable

27 Feb, 2023

Cancellation of GST Registration without a...

The Hon’ble Gujarat High Court recently passed a judgment in the case of M/s Devi Products v. State of Gujarat [R/Spe...

27 Feb, 2023

Top Mistakes to Avoid as a Non-Resident In...

As a Non-Resident Indian (NRI), filing income tax returns in India can be a complex and daunting task. It is important ...

Non-Resident Indians (NRI) Buying Immovable Property in India: Important Reading for Non-Resident Indians (NRIs)

27 Feb, 2023

Non-Resident Indians (NRI) Buying Immovabl...

Acquiring property in India can be a complex process, particularly for those who reside outside the country. Indian cit...

25 Feb, 2023

Relief to Senior Citizen on Cash Deposit: ...

The case involves an assessee engaged in the business of readymade garments who declared business income of Rs. 3,05,40...

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