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Articles by Karan Khanchandani

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Vivad se Vishwas: Settlement of Disputes under Income Tax Laws

Posted by Karan Khanchandani 11 August 2020 2799 Views

Recently, measures have been taken by the government to reduce and settle the pending income tax litigations by introduction of Vivad se Vishwas scheme through budget announcement, notifying it as an Act on 17th March, 2020



International Taxation: Decoding DTAA & Foreign Tax Credit

Posted by Karan Khanchandani 10 August 2020 5082 Views

When the same income is taxed more than once, it creates double taxation. This may be due to when a person is taxed in more than one country for the same income which he had earned, leads to double taxation



Business loss u/s 28 vs. specific deductions under the head business

Posted by Karan Khanchandani 30 November 2019 8866 Views

Many times we fall into a confusion regarding the difference between business losses and business expenditure.



Accounting Treatment of Spare Parts - Capital Spares

Posted by Karan Khanchandani 20 November 2017 69533 Views

Kabhi kisi �EXTRA� ko �extra� mat samajhna, kyunki kya pata us �extra� ka accounting treatment �EXTRAordinary� h




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