1. Execution of Tax Planning: Execution of Tax planning should be such that the proposal should be applied with good conceptual knowledge of the facts. Tax Planning principles must be sound and also due care should be exercised in structuri
Dear Student,These are important questions for revising again in last days.Please do complete course and then refer these Q & A.Don’t take this as a short-cut.Although I promise you, these questions are picked after much research and thoug
Goods and Service Tax is by far the most important tax reform of independent India, but today we stand at less than 7 months away and even tax rates have yet not finalized. There seems to be no consensus among Centre and States on this subject. Ch
This article would through light on procedural aspect of LLP right from the incorporation to winding up. A. INTRODUCTION The concept of Limited Liability Partnership (LLP) in India is viewed as an alternative corporate business vehicle t
Commandments of Tax Planning 1. Execution of Tax Planning: Execution of Tax planning should be such that the proposal should be applied with good conceptual knowledge of the facts. Tax Planning principles must be sound and also due care sh
SEARCH, SEIZURE AND SURVEY SIMPLIFIED Search and Seizure are the burning topics in current Tax scenario. It seems that North Block is completing its direct as well as indirect tax targets through this amour of ‘SEARCH & SEIZURE’. A
Budget 2010 on Goods and Service Tax CA. RAJAT MOHANBudget 2010 whether good or bad for GST?In Budget Speech 2010 -2011 Pranab Mukherjee, Minister of Finance showed his keenness to introduce GST; however, he also recognised that there are issues in i
INTERNATIONALLY - GOODS AND SERVICE TAX /GST provisions in countries other than India are quite streamlined and stable. As the Law in India is still not a reality we might look into the provisions which are in place since quite long and access the s
IMPACT OF GOODS AND SERVICE TAX ON TRANSPORT SECTOR CA. Rajat Mohan 1 Introduction Transport services, is used both as intermediate input and in final consumption. The transport equipments are also subject to multiple taxation at both Central
Introduction to Wealth Tax Act 1957Wealth Tax Rules 1957 ü Wealth tax is a Direct Tax.ü It is levied by Central Government on few Persons.ü Power to Levy Wealth Tax is derived by Constitution of India.ü It means T