Articles by CA Rohit Sonar

Taxation of Remote Work Income for NRIs: A Global Perspective

CA Rohit Sonar 14 March 2025 at 08:59

This article provides an in-depth legal analysis of this issue, focusing on key provisions of Indian tax law, judicial precedents, FEMA regulations, and TDS obligations under Sections 192 and 195.

Save Tax on Equities with Tax Harvesting

CA Rohit Sonar 08 March 2025 at 08:26

With the new Income Tax Act maintaining the existing set-off and carry-forward provisions, tax harvesting will continue to be a viable strategy for optimizing tax liability on capital gains.

Form GST ENR-03: A Progressive Step Towards Inclusive E-Way Bill Compliance

CA Rohit Sonar 17 February 2025 at 07:34

CBIC introduced Form GST ENR-03. Effective from February 11, 2025, this form facilitates the enrollment of unregistered persons on the e-Way Bill portal, enabling them to generate e-Way Bills independently.

Comprehensive Guide to Deductions under Income Tax Bill 2025

CA Rohit Sonar 14 February 2025 at 08:27

The Income Tax Bill 2025, introduced to replace the decades-old Income Tax Act of 1961, brings a wave of modernization and clarity to the Indian taxation system.

FAQs on Principal Purpose Test (PPT) and Recent Clarifications by CBDT

CA Rohit Sonar 08 February 2025 at 08:49

The Principal Purpose Test (PPT) is a provision under the Multilateral Instrument (MLI) to prevent treaty abuse and aggressive tax planning practices. It aims to ensure that treaty benefits are granted only when the principal purpose of a transaction or arrangement is genuine and not merely to obtain treaty benefits.